| 21.09.2016 - Chinese fund takes 20% of $7.3bn Melbourne port |
| The Australian state of Victoria has leased the port of Melbourne for $7.3bn (A$9.7bn) to a consortium led by the Queensland Investment Corporation (QIC), which also includes a Chinese sovereign wealth fund. The sale price agreed was A$3.9bn higher than the original estimate for the deal, and was greeted by Daniel Andrews, the premier of Victoria, as “a A$9.7bn vote of confidence in the Victorian economy”.............................................Full Article: Source |