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Australia Reviewing Asset Sales After Obama Discusses China Buy

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Australia is reviewing rules for selling state-owned infrastructure to foreigners after the Obama administration raised concerns that Chinese investors had bought a port in the northern city of Darwin where U.S. Marines are based. The government is consulting with states and territories on future asset sales, after the Northern Territory last month approved leasing the Port of Darwin to China’s privately-owned Landbridge Group, Treasurer Scott Morrison said Thursday. President Barack Obama and Prime Minister Malcolm...

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