Episode

World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 34

The latest business and finance news from around the world from the BBC

Website

Australia Blocks Chinese Power Purchase

August 11th, 2016

Episode 799 of 892 episodes

Australia is in global terms China's neighbour, and they are firm trading partners. But it seems that partnership has limits. Australia's finance minister has blocked a bid by the State Grid Corporation to get a 50.4% controlling stake in Ausgrid. The deal was worth a reported $7.5 billion. We talk to Hans Hendrishke, Professor of Chinese Business and Management at the University of Sydney. Meanwhile, we also look into modern day slavery. If you thought slavery was a thing of the past, you may be surprised to know it still affects millions of men, women and children around the world. The BBC investigates the trade. Photo Credit: Jeremy Piper/Bloomberg via Getty Images

Featured Podcast

Listen