Chinese investment in Australia plummets in 2020 amid tensions

Source: South China Morning PostChinese investment in Australia fell by 61 per cent in 2020 to the lowest level recorded by the Australian National University in six years, coinciding with a worsening diplomatic dispute.The annual tracking study from the university’s East Asian Bureau of Economic Research recorded A$1 billion (US$783 million) of Chinese investment in 2020, consisting of real estate (45 per cent), mining (40 per cent) and manufacturing (15 per cent) deals.The fall was bigger than the 42 per cent decrease in…Read More

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