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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

US National Security Adviser Jake Sullivan stressed the importance of stability in the Taiwan Strait, while a senior Chinese military official warned the US to stop “collusion” with Taiwan in a rare one-on-one meeting yesterday, both sides said.

Sullivan arrived in Beijing on Tuesday, the first US national security adviser to visit China since 2016, for three days of talks with Chinese Minister of Foreign Affairs Wang Yi (王毅) and other high-ranking officials.

Yesterday morning, Sullivan met with Zhang Youxia (張又俠), vice chairman of the Central Military Commission and China’s second-highest-ranking military official, at the Beijing headquarters of the commission.