Chinese company plans to build $39 billion city on Australia's doorstep - News Summed Up

Chinese company plans to build $39 billion city on Australia's doorstep


Photo / APA Chinese company plans to build a city on Australia's doorstep in a move set to inflame tensions between Beijing and Canberra. A Chinese company has approached the Papua New Guinea (PNG) government with a proposal to build a $39 billion city just kilometres from Australia's sea border, according to leaked documents obtained by The Australian. It comes after a Chinese company last year signed a memorandum of understanding to build a $200m industrial fishing complex on Daru. "Scott Morrison should explain what he knows about the 'New Daru City' proposal," she said. But independent senator Rex Patrick said any Chinese presence on Australia's doorstep would be harmful to its national interest.


Source: New Zealand Herald February 05, 2021 23:26 UTC



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