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July 25th, 2012 
FAKE NEWS for the Zionist agenda Foreign Minister Bob Carr says Opposition Leader Tony Abbott’s suggestion of limiting foreign state-owned firms buying Australian companies is reckless for the national interest.
In the main speech of his three-day visit to China, Mr Abbott said on Tuesday that as prime minister he would welcome Chinese investment on the same basis as he would from other nations.
But he also warned Chinese investment was complicated by the prevalence of state-owned enterprises.
“It would rarely be in Australia’s national interest to allow a foreign government or its agencies to control an Australian business,” he said.
“That’s because we don’t support the nationalisation of business by the Australian government, let alone by a foreign one.”
Senator Carr said Mr Abbott’s comments were careless.
“It disturbs me that he is striking in three or four of the things he said about China what can only be seen, and which will be seen by them, I think, as an adversarial approach with China,” he told ABC Television on Wednesday.
“That is reckless, it is really dangerously dumb for this country’s interests.”
Senator Carr said the Labor government in 2008 strengthened the tests state-owned corporations and sovereign wealth funds were subjected to when making investments in Australia.
These rules applied to state corporations and funds from nations like China, the Gulf states such as Dubai and Qatar, and Singapore.
He said limiting state-owned investment in Australia would hit the prosperity of farm communities and mining areas.
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