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Thread: Australian military rejects China’s investment
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[quote=MARRIE,377879]More than 50% ownership will take the control over the board of directors that would enable China take over operational and executive powera, which is definitely unacceptable to Australia, besides mining industry is a nation's strategic business, Australia rejecting the bid is understandable. The same issue carry over to the unranium mining in Alberta, Canada where China, i heard, has portion of shares there, that more or less brings some employment advantage to the Chinese. As for taking over, i.e, is unacceptable either.[/quote]
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