China planning to BUY struggling Virgin Australia

by Avi Yemini

At least three Chinese government-owned airlines want to buy Virgin Australia after a refused bailout by the Australian government.

China Southern Airlines, China East Airlines and Air China are all in discussions about acquiring the struggling airline.

The Wuhan virus has decimated the aviation industry.

Experts warn of mass Chinese asset buyouts as more industries become desperate.

More to follow.

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