China may bankroll Adani's Carmichael mine, statements show

Move raises suggestions that any Australian government loan to Adani could effectively be subsidising the Chinese government Adani’s proposed Carmichael coalmine may end up being bankrolled by the Chinese-state-owned enterprise China Machinery Engineering Corporation (CMEC), according to public statements.The statements raise questions about the role of any potential Australian government loan through the Northern Australian Infrastructure Facility (Naif) or Efic, since it could, in effect