Most likely this story is a plant by the Trade Minister, Simon Crean, who does not carry out his daily ablutions without first leaking something to the media. It is all to do with him negotiating a free trade agreement, and the mining deals were merely being used as pawns. Which is why Ferguson stepped in to protect his territory.
Besides in yesterday's follow-up article in the Oz it was explicitly stated that JV's were the way to go.
And the final point - does not Shell hold a bunch of Woodside shares? - if a Chinese company even looked at Woodside sideways Shell would swoop.
AED Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held