Tuesday, August 16, 2016

China warns Australia on investment following blocked Ausgrid deal

SYDNEY, Aug 17 (Reuters) - The Chinese embassy has warned

that Australia's rejection of bids by two Chinese companies in

the A$10 billion ($7.7 billion)sale of its biggest energy grid

showed "clear protectionist tendencies" and would have a

"serious impact on the enthusiasm" of Chinese investors.

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