Part 2/6:
Property Deals Near Ports of Strategic Importance
The Australian newspaper reports that Wang Yong Xin is connected to property transactions at both the Kembla and Newcastle ports—sites designated as potential submarine bases under Australia's strategic partnership with the United Kingdom and the United States, known as the Orcas agreement.
Port Kembla Deal
Mr. Wang's son, Wang Jong Dong, who serves as the director of Port Kembla Group, purchased the former copper smelter site at Port Kembla in January. Initially, Wang Jong Dong claimed the purchase was motivated by business interests in green energy projects. Despite these claims, the connection to a prominent figure with alleged links to the Chinese Communist Party has raised concerns about national security implications.