Australian billionaire turns to China for virus fight equipment

Australian billionaire Andrew Forrest has spent more than a decade feeding China’s steel-making boom — now he is leveraging his ties there to source medical supplies for the battle against the coronavirus Down Under.

A first aircraft loaded with the products is scheduled to leave Shanghai on Wednesday bound for Perth and the logistics effort is being supported by Fortescue Metals , the iron ore supplier founded by Forrest in 2003, which wins more than 90% of revenue from China and shipped its first cargo in 2008.

Playing nicely into the hands of China

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