Australia, China deal still on
NZPA-AAP Melbourne Bloodshed and chaos in China have not deterred an Australian Stock Exchange second-board company Just Australian China Holdings from entering a joint venture trading operation with a Chinese Government authority. Just Australia’s chairman, Mr Peter Just, said yesterday the China Import and Export Commodity Inspection Corporation would take a 70 per cent stake in the joint venture, which will inspect Chinabound cargo in Australia to reduce or eliminate clearance delays when the cargo was landed. Just Australia will hold the remaining 30 per cent. Mr Just said that he had considered postponing the venture because of the current political turmoil in China, but felt it was too important. Mr Just doubted the Chinese Government would retreat from its ten-year-old policy of economic liberalisation since the country had benefited from foreign exchange and had improved its balance of payments.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19890608.2.132.31
Bibliographic details
Press, 8 June 1989, Page 32
Word Count
145Australia, China deal still on Press, 8 June 1989, Page 32
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in