{"id":119744,"date":"2021-01-12T14:48:35","date_gmt":"2021-01-12T07:48:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-chinese-firm-pulls-out-of-us230-million-bid-for-australian-builder-probuild\/"},"modified":"2021-01-12T16:06:44","modified_gmt":"2021-01-12T09:06:44","slug":"china-australia-relations-chinese-firm-pulls-out-of-us230-million-bid-for-australian-builder-probuild","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-chinese-firm-pulls-out-of-us230-million-bid-for-australian-builder-probuild\/","title":{"rendered":"China-Australia relations: Chinese firm pulls out of US$230 million bid for Australian builder Probuild"},"content":{"rendered":"<p>&#013;<br \/>\nState-owned China State Construction Engineering Corporation has dropped its bid for the Australian builder of the tallest residential tower in Sydney, Probuild, after indications that Australian Treasurer Josh Frydenberg would block the deal on national security grounds.Probuild\u2019s South African parent company, Wilson Bayly Holmes\u2013Ovcon (WBHO), said in a statement that China State Construction Engineering Corporation had walked away from its unsolicited proposal to pay a reported A$300 million \u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3117392\/china-australia-relations-chinese-firms-pulls-out-us230\" target=\"_blank\">China-Australia relations: Chinese firm pulls out of US0 million bid for Australian builder Probuild<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; State-owned China State Construction Engineering Corporation has dropped its bid for the Australian builder of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119744","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v9m","jetpack-related-posts":[{"id":119273,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-us58-5-million-sydney-property-deal-halted-by-chilling-effect-on-foreign-investments\/","url_meta":{"origin":119744,"position":0},"title":"China-Australia relations: US$58.5 million Sydney property deal halted by \u2018chilling effect\u2019 on foreign investments","date":"November 19, 2020","format":false,"excerpt":"\r A group of Chinese investors has withdrawn its bid to purchase a A$80 million (US$58.5 million) office tower in Sydney after the Australian Foreign Investment Review Board (FIRB) delayed approval of the deal for eight months.Analysts conceded that while the large backlog of foreign investment reviews since scrutiny was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tax-rebates-entreaties-by-australian-states-fall-on-deaf-ears-as-chinese-home-buyers-await-a-thaw-in-ties\/","url_meta":{"origin":119744,"position":1},"title":"China-Australia relations: tax rebates, entreaties by Australian states fall on deaf ears as Chinese home buyers await a thaw in ties","date":"January 9, 2021","format":false,"excerpt":"\r Chinese homebuyers, the fifth-biggest group of foreign investors in Australian property in 2019 before relations went into a deep freeze, are turning their backs on the tax rebates and other entreaties offered to lure them back, as they stay on the sidelines to await for a thaw in bilateral\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-amid-rift-chinese-investors-cant-resist-australian-farmland\/","url_meta":{"origin":119744,"position":2},"title":"China-Australia relations: amid rift, Chinese investors can\u2019t resist Australian farmland","date":"August 24, 2021","format":false,"excerpt":"\r Stable returns and a growing demand for food and other agricultural products in China are likely to spur Chinese investment in Australian farmland, according to analysts.As of March, returns on investment in this sector had risen 8.46 per cent year on year, with income contributing 5.15 per cent and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tech-firms-snub-australian-office-market-amid-beijings-spat-with-canberra-over-trade-covid-19-handling\/","url_meta":{"origin":119744,"position":3},"title":"China-Australia relations: tech firms snub Australian office market amid Beijing\u2019s spat with Canberra over trade, Covid-19 handling","date":"June 8, 2021","format":false,"excerpt":"\r Australia\u2019s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-china-and-australia-trade-barbs-on-coronavirus-and-racism-property-market-joins-list-of-casualties\/","url_meta":{"origin":119744,"position":4},"title":"As China and Australia trade barbs on coronavirus and racism, property market joins list of casualties","date":"June 23, 2020","format":false,"excerpt":"\r The fraying relations between Beijing and Canberra are likely to worsen the Australian real estate market that relies on Chinese money for its recent vigour. For a start, the cost may be to the tune of A$715 million (US$494 million) by one estimate.The row over a host of issues,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86962,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-logistics-specialist-goodman-aces-hong-kong-firms-with-us350m-bid-for-tuen-mun-site\/","url_meta":{"origin":119744,"position":5},"title":"Australian logistics specialist Goodman aces Hong Kong firms with US$350m bid for Tuen Mun site","date":"May 2, 2018","format":false,"excerpt":"\r Goodman HK Investments, a subsidiary of Australia-based Goodman Group, bagged a large plot in northwestern Hong Kong for HK$2.75 billion (US$350.3 million), the first logistics site the government put on tender in five years which surprisingly did not attract a single Chinese e-commerce behemoth. Westlink Investments, a unit of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119744"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119744"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119744\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}