Chinese investment in Australia plunged last year as tensions worsened

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Trade ties between Australia and China worsened over the past year as the two countries became mired in a diplomatic dispute. Now it appears those problems, and the pandemic, are also hitting investment.

Sydney

Chinese investment in Australia plunged to just over 1 billion Australian dollars in 2020, down 62% from the previous year, according to a report released Monday by the Australian National University's Chinese Investment in Australia Database.That's also down nearly 94% from a peak of 16.5 billion Australian dollars in 2016, according to the study. The countries are big economic partners in Asia Pacific.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Poor Australia has no any power, but self-conceit.

Trade ties between australia and

Coronavirus is the Bio-weapon

Good, China doesn't need 'trade relations' it can ' trade' with itself...more than enough people...sorry slaves there.

The time is always right to do what is right. Now is the time to make real the promises of democracy. many DVlottery winners (2017 to 2020) who have been DAMAGED by P.P9645 Muslimban ACLU adc NILC MuslimAdvocates NIAcouncil chantaladasilva OmarJadwat

We are 19 year old dedicated artists from Chicago we just came out with our 2nd visual “2HEADEDGOAT” on YouTube🐐🐐🔥click link and support you won’t be disappointed at all💫Stay Blessed🙏🏾

Fear not Australia 🇦🇺 over here in America we have a saying when it comes to China “Anything they can do we can do better” let the CCP keep their rusty junk ....customer lost and no deal to be had!

Because of Australia's series of anti-China actions, China just stopped importing minerals and agricultural products from Australia. What did China do wrong ?

Made $30k last week on $GME, so I am giving away $100 to anyone who follows and retweets, first 20 DM’s

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités