6 days ago
Chinese firms purchase land near ports shortlisted for AUKUS submarine bases
Companies tied to Chinese businessman Wang Yongxin have bought land near two Australian ports shortlisted for AUKUS submarine bases.
The sites at Port Kembla and Newcastle were flagged by Defence in 2023 for future nuclear submarine facilities.
The Australian reveals Mr Yongxin is linked to China's Communist Party, raising national security concerns.
It's unclear if the Foreign Investment Review Board reviewed the deals.
The government has not commented on the purchases.
