Subscribe to RSS feedChina tapped for $11bn infrastructure investment
by
Sineva Toevai
—
last modified
Jul 13, 2010 10:43 AM
CHINA is to pour about $11bn into Australia’s port, rail and mining projects in a deal signed on Monday.
Prime minister Kevin Rudd and China’s vice president Xi Jinping were meeting in Canberra to the sign 10 new agreements, which include seven resources and energy-related contracts.
Chinese companies will provide US$8bn ($9.1bn) to build a coal mine, 476 kms...
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