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Why Did Australia Block China's Bid For Ausgrid?
Australia is in global terms China's neighbour and they're firm trading partners. But it seems that partnership has limits. Australia's finance minister has blocked a bid by the State Grid Corporation to get a 50.4% controlling stake in Ausgrid. The deal was worth a reported $7.5 billion. We talk to Hans Hendrishke, Professor of Chinese Business and Management at the University of Sydney. Photo Credit: Jeremy Piper/Bloomberg via Getty Images.
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