Planned Aussie gas deal with HK firm stokes fears

MPs and experts worry about Chinese investments in potentially sensitive assets

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

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'. Subscribe