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China in 'protectionist' battle for Australian power network

Companies from China and Hong Kong have until Thursday to convince Australia to sell them its largest electricity network - Ausgrid.

China's State Grid corporation and Cheung Kong Infrastructure of Hong Kong are after a controlling stake.

The Australian government blocked the deal in a preliminary decision last week, citing national security.

But as Phil Mercer reports from Sydney, protectionist politics may be at play.

Watch more reports on Asia Business Report's website

  • 18 Aug 2016
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