Clive Palmer’s dangerous Chinese misstep

The maverick MP’s legal stoush with China’s CITIC Pacific is tarnishing Australia’s image in the eyes of our most important trading partner, and things could get messier after July 1.

Clive Palmer, the federal member for Fairfax and a mining billionaire, used to be Beijing’s best friend in Australia. Back in 2011, he infamously called the Foreign Investment Review Board a “racist” body that discriminated against Chinese investors. “They’ve brought in things like the FIRB in Australia, which is an outstanding racist legislation designed to slow Chinese growth and it is a national disgrace,” he said.

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