Chinese investment in Australia plunges

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Chinese investment in Australia collapsed by more than 61 per cent in 2020, new figures show. 9News

collapsed by more than 61 per cent in 2020, according to new figures from the Australian National University .The ANU

"It reflects the effects of COVID but also more scrutiny of foreign investment by the Australian government, particularly that from China." In 2020, a huge 86 per cent of Chinese investment in Australia originated from Chinese companies already established in Australia. Dr Shiro Armstrong, director of the East Asian Bureau of Economic Research where CHIIA is based, said this is a pattern that intensified in 2019 when 91 per cent of new Chinese investment was sourced from within Australia.China suspended barley imports from Australia's biggest grain exporter last year amid diplomatic and trade tensions.

 

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China is the most scummiest place on earth

In that case, a lot of houses that are no longer being boughtwow, lift a stone to drop it on Australia 's own feet. When the investment from China reduces sharply, what will Japan's(and other Asian countries') investors think? justiceon5march InternationalStudentsAustralia

Good

They shouldn't be allowed to invest anymore and all previous ones void with how they've treated us the last few years

We don’t need China’s investors

If we really are so opposed to China, the only effective means of weakening them is to stop buying Chinese products. Seek out products made elsewhere. Tell companies you would buy their product if it wasn’t made in China. Moneytalks

How much Aus Investment is allowed in China? 🤔

Watch new investor and crypto videos for beginners on YouTube

The Chinese Vulture not flying so well

Good

Good...because we can't own 1 square inch of their land

It’s time to create new commercial and trade relationships that are built on a foundation of trust and respect. Win win for both.

9NewsSyd They’ll just invade is and steal everything

Not enough. They are NOT real investments of the good wills. They are actual CCP infiltration.

One word = good

Now is the time, Australians should wake up and say NO We dont want any business with china, we have alot of resources here in aus, alot of people to work, please boom our economy put money in our economy and open business here

Best outcome we could have

A greater majority of the Australian public don’t want Chinese investment ! Certainly not on the scale that has been happening !

Good

Good

Then who’s buying all the houses/realestate?🤬🤬

Because they have already bought everything 🤷‍♂️

9NewsSyd Good!

Chinese Investment? Are you kidding me?

What do you expect from a US puppet govt that expounds vitriol upon the fine nation of China at every opportunity all to maintain the US bogeyman paranoid head trip

Australia will recover without chinese clowns

China still has DictatorDan in their pocket trying to sell out Victoria to the CCP. He needs to be stopped.

Thats bad for 😆australia not china. 🇨🇳❤️👍⭐

KerryAnnSmith1 not bad news...we can adjust.. WE OURSELVES

Good now hopefully they will stop buying the country from under us too

You mean land bank?

Still not enough, prefer its drops to 100%

Beijing is very angry, and the consequences for Canberra are serious. The Monison government should deeply reflect on its foreign policy towards China. This is the consequence of Canberra acting as a gatekeeper for the White House.

That is good for investment firms based in the U.S.A and the U.K. China cannot copy the technology the west invents if it hasn't been invented.

Who do you blame for that?

The Australian government must deeply reflect on its foreign policy towards China. Follow the White House's baton to develop their economies. They can only ask for hardships, as long as the innocent Australian people bear responsibility for their stupid and wrong actions.

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Chinese investment in Australia plummets amid trade strikesChinese investment in Australia hit a six-year low last year as bilateral tensions escalated and the Morrison government imposed tighter restrictions on foreign asset purchases | nickbonyhady nickbonyhady Exporters are going out of business because the incompetent Morrison has no diplomacy skills nickbonyhady Good nickbonyhady Sovereignty is important. We don’t want Australia becomes another Cambodia that only kowtows to China.
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Chinese investment in Australia plummets amid trade strikesData shows Australia received just over $1 billion of Chinese foreign direct investment last year, dramatically down from $16.5 billion in 2016. china There is this virus going around that has stopped people flying in. Might have heard of it 🤦‍♂️🤦‍♂️ Good. Progress at last, although off the back of Covid so not a lot of credit to government Or alternately... Australia sold less of its land to a foreign govt that doesn’t play by the rules. Sounds good to me
Source: theage - 🏆 8. / 77 Read more »