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Editor's Insight: Australia blocks sale of power grid to Chinese interests

Federal Treasurer Scott Morrison says the sale of the NSW state-owned network is not in the national interest.

Fri, 12 Aug 2016

Australia’s Federal Treasurer Scott Morrison has upset plans by the New South Wales government to sell its electricity network Ausgrid to Chinese interests.

He has made a preliminary decision to block the sale to Chinese government-owned State Grid Corporation and Hong Kong-listed Cheung Kong

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Editor's Insight: Australia blocks sale of power grid to Chinese interests
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