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Australia targets Indian investment to develop remote north amid China tensions

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SYDNEY (REUTERS) - Australia's government aims to boost investment from India to develop its remote north, seen as a front door to lucrative Asian markets, amid concerns that tighter regulatory oversight and diplomatic tensions with Beijing will curb Chinese spending.. Read more at straitstimes.com.

SYDNEY - Australia's government aims to boost investment from India to develop its remote north, seen as a front door to lucrative Asian markets, amid concerns that tighter regulatory oversight and diplomatic tensions with Beijing will curb Chinese spending.

"It is a more volatile environment and a totally different playing field than what we had five years ago," Mr Canavan told The Australian newspaper, in comments confirmed by government officials contacted by Reuters. Australia's relationship with China has been strained in recent years amid Canberra's allegations that Beijing is meddling in its domestic affairs.

China's foreign ministry denied involvement in any hacking attacks and said the internet was full of theories that were hard to trace.

 

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