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Australia stands ready to take back two key ports from Chinese investors if any security concerns are raised, Scott Morrison said. The Port of Newcastle, the world's biggest coal port, was handed over to a Chinese-backed consortium for 98 years for $1.75 billion when Mike Baird was NSW Premier in 2014.  And Darwin Port is run by Chinese company Landbridge Group, which secured a 99-year lease from the Northern Territory government in 2015 for just $506 million. In November 2015, the Northern Territory government decided to lease the Port of Darwin (pictured) to a Chinese company for 99 years ...

Pressure is mounting on the federal government to take back key national assets from Chinese control amid fears the communist superpower could disrupt our crucial infrastructure using advanced cyber attacks.  Two of Australia's most important harbours - Darwin Port and the Port of Newcastle - were leased to Chinese companies as state governments cashed in on lucrative private investment. The Port of Newcastle, the world's biggest coal port, was handed over to a Chinese-backed consortium for 98 years for $1.75 billion when Mike Baird was NSW Premier in 2014. The decision means the port is hal...

BEIJING (Global Times): Former officials, top scholars and a dozen of young scholars from China and the US had in-depth discussions on how to get China-US relations back on track at a forum held in Beijing on April 10. China-US Young Scholars Forum, co-organised by the Global Times, the Carter Center of the US, and the Institute for Global Cooperation and Understanding with Peking University, was held online to commemorate 5th anniversary of the forum. The event was also held on the day that marks the 50th anniversary of the "ping-pong diplomacy" between China and the US. Former US President ...

Specialized courts improve efficiency amid development By CAO YIN | CHINA DAILY | Updated: 2021-04-14 07:41 Share CLOSE If you lose money because of someone's false statement about securities trading, what can you do to recover the loss? Going to Beijing Financial Court might be the best option. The court, the second of its type in China－the first was established in Shanghai in 2018－opened in Beijing's Xicheng district on March 18. It specializes in handling finance-related civil and administrative disputes, including insurance and se...

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