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CANBERRA jordan spizike australia , Sept. 26 (Xinhua) -- The Chinese investment mogul behind the vetoed 285 million U.S. dollar bid for Australia's largest pastoral land holding said he had "given up" the dealing with Australia, urging the government not to "close the door" on foreign money.


Charles Liu, founder and chairman of billion dollar company HAO Capital, told local media on Monday that the MalcolmTurnbull's government's "protectionist" attitude toward Chinese and foreign investment would continue to discourage investors from taking their money there.


Liu, who has invested in Australia for 20 years air jordan spizike australia , said the process surrounding the failed bid for pastoral company S. Kidman and Co. was reminiscent of the "unfortunate trend" of closing the door on Chinese money by other Western nations.


"(The government) should have made clear at the beginning (of the Kidman & Co. bidding process) -- if that were the case - that a Chinese bid would not be acceptable," Liu told The Australian newspaper.


"If this is the attitude of the Australian government, one has to totally give up on the Kidman deal."


He added that Australia's previous Tony Abbott-led federal government which put together the historic China-Australia Free Trade Agreement (ChAFTA) "was quite supportive, and then came the change of the administration".


Liu said Australia seemed to be heading down the same path as other Western nations which have been hesitant to fully embrace a global marketplace and economy, adding that his concerns were shared by "many people in China".


"This is an unfortunate trend developing in Western countries today jordan 9 retro australia , with de-globalization and xenophobia, populism and protectionism on the march," Liu said.


"Domestic politics in the West, including in Australia, is increasingly heading in that direction the massive change under way in countries' ethnic composition."


"It's unfortunate that entrepreneurial and hardworking Chinese people get caught up in this negativity air jordan 9 australia , everyone being lumped together."


Liu said Australia should continue to embrace Chinese money as "there aren't so many people with deep pockets any more except the Chinese".


"If people take a positive attitude, then an overwhelming amount of business can be done," he said.

China's leading new-energy carmaker BYD announced Tuesday that it will build a monorail transit system in the Philippines.[Photo: people]

SHENZHEN, Aug. 22 (Xinhua) -- China's leading new-energy carmaker BYD announced Tuesday that it will build a monorail transit system in the Philippines.


The Shenzhen-based company said the 20-km monorail would be put into operation in the city of Iloilo by 2019.


BYD designed the system, named Yungui (meaning Cloud Rail) jordan 8 retro australia , and is capable of making the trains, laying the rail, constructing stations and setting up the communication system on its own, the company said.


The cost and other details of the project were not revealed.


BYD said its trains were designed to run at maximum 80 km per hour. The system will cost much less than a conventional metro system.


Last October, BYD's first monorail debuted in Shenzhen and many other smaller Chinese cities have ordered it since air jordan 8 australia , the company said.


Liu Xueliang, BYD's sales manager for the Asia-Pacific region, said the company was also in talks with the Iloilo government to introduce new energy buses and cooperate with local universities to train transport professionals.






A worker pour sand into the sandbox of a locomotive at the Pyramid South station, north of Pretoria, South Africa jordan 7 retro australia , on July 27, 2017. 305 of the 554 locally assembled locomotives have been delivered to South Africa since October 2012 when the South Africa state rail company Transnet contracted the Chinese Zhuzhou Electric Locomotives Company under the Chinese locomotive manufacturer CRRC to supply first 95 locomotives. In March 2014, the two sides sighed a new contact including the supply of other 459 locomotives. In an interview with Xinhua at the Africa Rail 2017 conference and exhibition held in Johannesburg on June 14, 2017, Thamsanqa Jiyane air jordan 7 australia , Chief Advanced Manufacturing Officer of Transnet, said that "the Chinese have brought a new kind of partnership where they impart skills for our future use on our own." Wang Guojun, General Manager of CRRC South Africa, told Xinhua that several thousand jobs have been created directly or indirectly for South Africa because of the cooperation.(XinhuaZhai Jianlan)






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