As many of us see our hard earned assets whittled away, it is interesting to ponder that overseas buyers are being deterred from buying on the ASX. Below are URL's to some recent news items about the FIRB blocking Sino (and others) interests investing in ASX resource stocks. Earlier this week I saw a news item which was more explicit about the Chinese complaints re the FIRB but can not find it now. Does anyone have a URL for it ? I think just after these articles.
http://www.theaustralian.news.com.au/story/0,25197,23923000-643,00.html China faces mining investment curbs Matthew Stevens | June 26, 2008
http://www.news.com.au/story/0,23599,23930488-462,00.html Swan welcomes foreign money By Stephen McMahon June 27, 2008
OXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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