Australian Union Warns Against Trade Agreement With China

Law360, New York (October 24, 2013, 5:25 PM EDT) -- The Australian Manufacturing Workers Union on Thursday criticized Australian Prime Minister Tony Abbott's push to establish a free trade agreement with China, saying free trade with China would harm Australian manufacturers.

Abbott has recently pushed to sign the Trans-Pacific Partnership and establish free trade with China, saying that Chinese investment would uplift the Australian economy, create jobs and increase government revenue. Critics of the partnership said that Chinese ownership of Australian agriculturists and drugmakers would drive up prices for basic necessities and open Australian companies to foreign...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.