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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


White House press secretary Sarah Huckabee Sanders points to reporter during the daily news briefing in Washington on Wednesday.
Photo: AP

The White House late on Thursday cautioned China against luring away Taiwan’s allies, in the latest sign that trade friction between Washington and Beijing is expanding into a broader struggle for global clout.