China, Australia ink $41 billion gas deal

China and Australia have signed an energy deal worth more than $40 billion — the largest trade deal ever between the two nations. The deal comes after tensions rose between the Asia-Pacific powerhouses over recent Chinese bids for Australian commodities companies and the arrest of an Australian Rio Tinto executive in Shanghai. In Tuesday’s deal, China will receive liquefied natural gas from the Gorgon Gas Field off Australia’s west coast