It has emerged that over the weekend that Chinese billionaire Huang Xiangmo has resigned as chairman of the Australian Council for the Promotion of the Peaceful Reunification of China. The council has attracted controversy amid the debate on foreign influence in Australian politics because of its staunch support of the Chinese government’s policies on Tibet and Taiwan.
On its website, the Council stated that the “The five star red flag is fluttering in the wind” in regards to Huang’s service.
He attracted widespread media attention when he complained in the Chinese media that Australian politicians treated Chinese business people as cash cows, and later paid a bill for Labor Senator Sam Dastyari.
Huang’s resignation comes at a time when the Turnbull government is set to introduce a new law on agents of foreign influence that is likely to prohibit any covert influence activities and require organisations to register.