Planned Aussie gas deal with HK firm stokes fears

A general view of the skyline of Hong Kong, on Sept 21, 2018.
A general view of the skyline of Hong Kong, on Sept 21, 2018.PHOTO: AFP

MPs and experts worry about Chinese investments in potentially sensitive assets

The proposed takeover of Australia's largest gas network by a Hong Kong-based firm has sparked security concerns and led to renewed debate about allowing investment from Chinese companies in potentially sensitive assets.

In a move that could further inflame tensions with Beijing, some Australian MPs and security experts have urged Canberra to block the A$13-billion (S$12.8-billion) takeover of APA Group by Hong Kong's Cheung Kong Infrastructure (CKI) Holdings .

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A version of this article appeared in the print edition of The Straits Times on October 04, 2018, with the headline 'Planned Aussie gas deal with HK firm stokes fears'. Print Edition | Subscribe