I thought it was quite explicit about China and basically the same as what AH told me. Everything has come to a dead halt as the Government is not giving them the approvals they need, they are not alone - many other Australian companies reported difficulties with regulators while the diplomatic spat was going on. Things have thawed recently, although who knows after the recent APEC meeting.
China moves slowly at the best of times and trying to establish a private market model would not be easy.
At least it is not totally dead, but I would be forgetting about it for the moment.
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