Hunan Valin Iron & Steel Group’s US$893 million purchase of a 17.6% stake in Fortescue Metals Group was approved by Australia under certain conditions, Bloomberg reported. The con... Read more
China Investment Corp (CIC), the country’s US$200 billion sovereign wealth fund, has committed US$800 million in a new US$6 billion global real estate fund to be managed by Morgan Stan... Read more
China Minmetals has made a revised takeover bid for Australia’s OZ Minerals, the Sydney Morning Herald reported. The initial US$1.83 billion deal was blocked by the Australian governme... Read more
Australian regulators have delayed approval for Chinese investments in Fortescue Metals Group and Gindalbie Metals in the wake of increased debate over China’s growing influence in the... Read more
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