Australian-Built Submarine Estimated At $2.9 Billion Each

BEIJING— Building 12 submarines in Australia would cost around AUS$41 billion ($34.2 billion), according to a previously undisclosed estimate now revealed by the government in Canberra, which refers to the former Labor administration’s planned construction program as mythical. The figure is even...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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