The Chinese dairy company Mengniu which earlier agreed to pay $1.5 billion to purchase organic baby formula maker Bellamy’s Australia has gone a step further in taking over the Lion Dairy and Drinks portfolio.
The Australian government has extended its ban on international arrivals who have travelled through China for a fourth week due to the novel coronavirus crisis, despite the increasing pressure on the economy and the start of the university year.
The RCEP pact, which has taken eight years to negotiate, surpasses the Trans-Pacific Partnership (TPP) in scale after the United States pulled out of that agreement under the Trump Administration. "The real benefits here are two-fold — one is for our farmers and exporters, they get a more common set of rules across all 15 nations," Senator Birmingham said on Sunday.
PRESIDENT Xi’s Communist Party has extended its reach deep into suburban Australia, effectively silencing dissidents and ensuring Beijing’s international agendas are enforced.
Growing concerns about...