China says its Belt and Road Initiative opens the door to a new and prosperous relationship with the world's emerging economic superpower. So why is WA so reluctant to sign up?
More and more countries are choosing to ink agreements with China on its trillion-dollar Belt and Road initiative, but what are countries actually agreeing to when they sign on?
Recently its WA chapter hosted a lunch at the Perth Convention and Exhibition Centre sponsored by WA mining billionaire Andrew Forrest's Fortescue Metals Group, with politicians and WA businesspeople among those in attendance. Visiting Chinese academics, coordinated by Perth's Chinese consulate, and several pro-China WA business representatives spent several hours spruiking the BRI and explaining how WA businesses could invest in existing BRI projects overseas, even if the Federal Government hasn't signed up.
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