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the visit by China's Premier to Australia might bring Smiles in front of the cameras but Sky News can reveal Beijing has been hatching a defense plan that could leave our government with egg on its face for almost a year the labor government has avoided helping an Australian defense firm acquire a major South American missile manufacturer we can now reveal a Chinese letter sent last week shows Beijing has entered negotiations effectively turning the issue into a national security risk a letter from the Chinese government to the Brazilian defense minister sent last week and written in Portuguese the letter which Sky News has acquired reveals how a massive Chinese state-owned defense company ninko seeks to buy South America's Cash strapped weapons manufacturer aab brass outsmarting Australia along the way it is extraordinary I guess it's sporting equivalent of an own goal extraordinary says frustrated CEO Travis frd because his company defex has been practically begging our government to lend at the $70 million needed to close the roughly $200 million deal to buy up aab brass for the life of me I cannot understand why we wouldn't do this if China with all of its industrial power can see the value in acquiring aab brass the CEO doesn't understand why the Australian government can't also see it by making a small investment we gain greater capability to defend ourselves camera support would allow the Aussie company to construct Advanced Rockets missiles and Hardware in South America and back here in Victoria at a bargain price for our ADF it's one of those rare opportunities where there is no downside for for Australian government asking to meet the CEO sent this email to the defense industry Minister Pat Conroy last week only to be told the minister is unable to offer you a meeting at this point in time as the front runner def fentex has a week left to close the deal to stop China swooping in we've attempted to get support for the last 18 months um 18 months of no Headway and now at the last minute uh we have China stepping in and taking the price frustrated we found the CEO at Singapore airport on route to a world trade show hoping to convince a European government to step up and prevent the intellectual property falling into beijing's hands if Australia won't act it just doesn't make any sense former Senator re Patrick fears the longrange weapons would upgrade China's Arsenal and could end up being used against us in a conflict over Taiwan it's now turned into an opportunity for China which is not in our national interest they get to Jump Ahead uh for a very small price the people at home it's about their sons and daughters so prime minister please heed my call this is a vital issue for Australia's national defense and a vital issue for our sovereignty as all agree we have entered the most dangerous phase since World War II