Australia & China sign deals worth over $8.73 billion
Australia and China signed commercial agreements on Monday worth more than A$10 billion ($8.73 billion), mostly covering mining and energy-related projects and including funding for projects already announced.
The formal signings were witnessed by visiting Chinese Vice-President Xi Jinping, regarded as heir apparent to China's President Hu Jintao. Xi is on a four day visit to Australia with a large delegation of business executives and officials.
(Reporting by Mark Bendeich; Editing by Ed Davies)
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