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PRC again fails in Australian resources bid

China’s efforts to gain a greater stake in Australia’s resource industry suffered a new setback yesterday when a Chinese miner dropped a US$400 million bid for a controlling stake in an Australian rare earths miner.

Earlier yesterday, the Australian defense department rejected a separate Chinese investment in an outback mining venture, saying it threatened national security.

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Ball now in Ma's court on visit by Kadeer

A spokesman for Rebiya Kadeer yesterday confirmed that the exiled Uighur leader had accepted an invitation to visit Taiwan, adding that the administration of President Ma Ying-jeou (馬英九) holds the key to whether the visit will materialize.

Kadeer is more than happy to participate in the Kaohsiung Film Festival and speak to the Taiwanese public, Nury Turkel, president of the Uyghur American Association, told reporters in Washington.

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Newsflash


President Tsai Ing-wen, center, speaks to the members of a US delegation led by US Senator Lindsey Graham during their visit to the Presidential Office in Taipei yesterday.
Photo: Wang Yu-Ching, EPA-EFE

Taiwan is a “country of global significance” and its security has implications for the world, US Senator Bob Menendez said yesterday in a meeting with President Tsai Ing-wen (蔡英文).

“With Taiwan producing 90 percent of the world’s high-end semiconductor products, it is a country of global significance, consequence and impact, and therefore it should be understood the security of Taiwan has a global impact,” Menendez, who is chairman of the US Senate Committee on Foreign Relations, told Tsai at the Presidential Office in Taipei.