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Chinese port company warns Australian review raises sovereign risk

Chinese port company warns Australian review raises sovereign risk
newsoninvest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsoninvest.com Daily Mail and Mail on Sunday newspapers.

Carping about Port of Darwin sends anti-investment message

Carping about Port of Darwin sends anti-investment message Landbridge’s CEO says he’s never seen an international company that’s ticked all the regulatory boxes treated so badly. It sends the message Australia doesn’t want foreign investment. Mike Hughes Save Share Having spent most of my career working for multinationals investing in different parts of the world, most of it for an American company in south-east Asia, I have not seen a company as badly treated as Landbridge Group in Australia. For a country so heavily dependent on foreign investment, that is a worrying sign. In 2015, Landbridge submitted to a year-long process to bid for the lease of Darwin Port. The Northern Territory government had made it clear from the outset that no conditional bids would be accepted; bidders would need to have any and all required sign-offs from Canberra in place. Landbridge engaged with the Foreign Investment Review Board (FIRB) over many months, met with the Departme

Darwin Port review threatens to spook foreign investors

Save Share The Australian chief of the Port of Darwin’s Chinese owner is warning the potential scrapping of its 99-year lease threatens to deter foreign investment, denouncing the treatment dished out to the company as the worst he has seen a multinational endure. In the company’s strongest response to a high-level review of the deal, Landbridge Group Australia managing director Mike Hughes lashed the sideline critics who “carp about the lease”, arguing at no point had security officials formally raised any concerns over the firm’s operation of the port. The Port of Darwin’s 99-year lease with Chinese company Landbridge has attracted criticism since 2015. 

iQiyi Int l to launch Asian romance collection with 7 original dramas – Manila Bulletin

Published May 19, 2021, 11:02 AM (Clockwise from top left) ‘My Roommate is a Gumiho,’ ‘First Love Again,’ ‘Make a Wish,’ ‘Forever and Ever,’ ‘Sweeth Teeth’ and ‘Moonlight’ OTT platform iQiyi International will showcase this May a curated Asian romance collection offering over 600 hours of romantic series and films along with seven brand new “Love On” Chinese romance drama originals to premiere progressively on iQ.com, starting from May 20 to September. The “Love On” Chinese romance dramas Originals collection will feature seven works: “Moonlight,” “Make a Wish,” “Sweet Teeth,” “Forever and Ever,” “Love Under The Full Moon,” “The Day of Becoming You” and “First Love Again.”

Australia Poised to Cancel 99-Year Darwin Port Lease With Communist China-Linked Firm - Bringing you Truth, Inspiration, Hope

Australia Poised to Cancel 99-Year Darwin Port Lease With Communist China-Linked Firm - Bringing you Truth, Inspiration, Hope
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