There were big falls across most sectors in 2019, including real estate, mining and manufacturing. Investment in agriculture collapsed but picked up slightly in both the construction and finance sectors.
Chinese companies are increasingly focused on developing markets and Beijing is trying to stem the flow of capital offshore, with foreign direct investment from China dropping globally by almost 10 per cent in 2019.which brought heavy flows of investment from ChinaBut Professor Drysdale said Chinese investors were also turning away from Australia because of new regulatory barriers thrown up by the Government.
There have been a series of intense political controversies over Chinese investment in Australia in recent years, and the Federal Government has intensified its scrutiny of foreign investment more broadly.WatchCan the big miners avoid being caught in the new cold war between Australia and China? The biggest transaction recorded by CHIIA in 2019 was the Mengniu Dairy Company's acquisition of infant formula maker Bellamy's Australia for $1.5 billion.
Good.
A welcome news in these shitty times... We are saved from becoming a commie vassal state...
Maybe prev investment was viewed as a strategic pathway to political interference by the CCP
Why do we rely so heavily on China. I’m sure there are plenty of other markets. Surely Australia must know the writing is on the wall. China is very good mimicking goods that were once sold out of Paris.
Hey, let’s sell them Tasmania. They can easily plonk a couple of hundred million there. Then we can start up a new AFL team.
Best news I've heard this year
Good, DecouplefromChina
Encouraging Australians to be less reliant on what is sometimes cheap goods from China who pay their workers a pittance has to be a good thing right?
Australia is a great country but essentially is a quarry with iron ore & coal to sell to the world. China buys this stuff and lines the vaults of Twiggy and Gina. The rest of this is showmanship and posturing with Donald pulling the strings.
excellent news we need less china not more china auspol
So how will you pay back the biggest defecit in our history now. And all because of a racist ideology that can't accept difference.
Good, now cancel the lease on our northern ports, send them packing. Ban them from buying up Australian properties, private homes etc. Plenty of other investors to deal with.
Yeah but for all their threats they can’t kick our iron ore habit. And stop selling them lithium, it’s the ONLY thing that can can their defence systems.
Dan Andrews Govt. doing a great job of paving the way for complete Chinese investment/ownership of the State of Victoria it would seem.
Oh dear, it appears like the rift between China and Australia is growing wider by the day . If world peace is an objective, that is getting farther and farther away from human civilization.
Ppl be like... Arghhh they are buying us out and will own Australia one day!!!! Then they are like arghhhhh they are not giving us money anymore!!! Damn you Dan Andrews I'm sure your the reason we can't breath underwater...
sighs...this translates to layoffs and bankruptcies. our current government just had to get us involved in their stupid political games.
The CCP controls ALL mineral imports to China. They won't stop iron ore tho it has slowed (Wuhan virus). They need it for their continued economic rescue. More housing they don't need.
Good we don’t want commie money
We can do with the trade relations but don't need Chinese buying up our assets.
Perpetrated by none other than the madman Trump
There is no distrust of the Chinese people. There is only distrust of the Chinese government, which is a lying, murderous tyranny.
good. Maybe we can have the same rules against CCP as they do to us. Just being fair and equal. Not racist just fairness
Did they actually build anything new or just takeover existing enterprises? Oh right, apartments.
Good. Keep the robber away.
It’s ok just print more money and China can get fucked!!
Good!
Foreign investment = foreign ownership. When you add the malicious attitude the CCP holds towards anyone who isn't themselves I really can't see this being a bad thing. Everyone's scared of change but the current state of things isn't perfect either.
Good. There's plenty of friendly money out there to come and invest, particularly in mining...less China, the better imho...they don't share our values...
Never mind. Sick of them buying up our country . Goodbye Chinese investors
the 'sad' fact is Australia's economy is so much reply on China especially the mineral... Ozzies been trying to find substitution however there's no another China...forget about ccp, value, democracy... can our gov say NO to money?
Clearly, there is nothing else to report from ABC news.
The Australian government are fools if they want to stop foreign investment especially from China, which just happens to bring in billions into the Australian economy Am i wrong 🤔🤒🤧
We should never done business with a communist regime which oppresses its own people. We were complicit with essentially a slave owner.
abctv need their fkn balls ripped out after havin' dutton and co. on earlier... The quiet ppl already see it. It is only 'the rupert lackeys' that are perpetuating the political ideals of the paper boy; as he continues to push one-eyed agendas w/o regard for humanity
Let’s keep it to us selling them goods and services. Sell the milk, not the cow!
Wonder if the govt is concerned about the impact and damage that their nativity and lack of political wisdom has caused to farmers and industry. No commentary on this aspect by ABC news or political commentary who have joined Murdoch media in protecting LNP and our PM
Be good if people would stop referring to 'property speculation' as 'investment'.
Australia is a resilient and lucky country. Already prosperous when China was still dirt poor. So, no need to worry abt their investment. Remember last year when poor Chinese tourists flew to Melbourne to beg on the street?
Great! Foreign investment is good, but we don’t need it from a brutal, totalitarian, genocidal and islamophobic communist dictatorship
Good riddance
Good. Let’s buy back our country.
CCP investment comes at a high price.
Good. Invest on countries that can speak and think for themself. Invest countries that media doesn't controled by US. Even NZ is a better country to trade for food, Simandou is better for iron ore.
Well done liberals
That is fine. We will still survive and will come up by hard work. No need money from people bullying us. It may hurt but this is for greater good in long term.
Hopefully they’ll stop buying Australian land outback
Good. Clean out time!!!!
The investment from China was only ever in the assets an same sovereign nation would not allow generally and only without strong controls and protections. No loss just an opportunity for Australia to invest in its sovereign wealth. Create real jobs rather than a population ponzi
They already own Aus especially half of Sydney. They’ll keep buying what they want when they want. So much 💰💰 to spend.
Bazinga!!!
Good news. What normal mum and dad can lease a port for 99 years? Bogus investor, sent by CCP.
Perfect
Many Chinese businesses not being approved by Australian foreign investment board. Don't hear this side of the story in the media. Wonder why? SBS 9NewsAUS FinancialReview china auspol
Please save the children of Victorian. Some have stopped talking, some are self harming and some have already pasted 😪, not all will survive! The lockdown is unethical and immoral, do no harm!! Help before its too late! It is not ok to harm children even if under treat.
China talks about distrusts? It's the ultimate back-stabber.
Good to away from the control n infiltration of the communist
Serves them right
Chinese investment (excluding HK) was 1.8% in 2019 while Mathias Cormans homeland Belgium was 9%. Us dopey Australians are being mislead big time.
There's a good reason why the cost of housing is so high, it's this investment.
Good. F off ccp
There is nothing left to invest in as China already fully owns OZ. 🤷♀️
Whoo Hoo.🥳🎉
Please don't make any investment with China anymore, because China has lost too many resources in Australia. China has too many resources in Australia, and we are passive and threatened. Stop all investments in China.
China will only invest in Australia when it is financially beneficial to do so. They are waiting on our economy to collapse.
Should drop house prices a bit
Good, I am so over the Chinese ‘strong arm’ 💪 approach over its relationship with AUS ....let’s discover a way to prosper, grow & move forward without China 🇨🇳 by our side .... 🙏
What did you think was going to happen? China would just put up with the racist bullying
Good.
Good. Predatory investment is not worth having. Better to welcome investors from democratic countries.
Trust⁇ 🇨🇳 China COLONIZED Australia.
good. they can keep their money.
Whatever investing China has been doing in Australia is ultimately to benefit China before Australia
ScottMorrisonMP You did it!!! Well done mate
Good
Not between the countries Between Morrison/Trump and China