Gas hikes burn China’s investment presence

Poor Australian energy decisions look to be forcing an operational rethink by at least one large Chinese company that could directly hit Julia Gillard’s electorate.

While Julia Gillard was in Beijing to forge a closer relationship with China, in another part of the city executives and directors of a major Chinese company headed by the legendary Ren Jianxin were facing an Australia-China decision that could cost many thousands of Australian jobs and change the face of our nation.

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