News Snapshot:
Read more 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. The leader of the database project, ANU professor Peter Drysdale, said there was no single explanation for the precipitous decline. 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. The drop in Australia has been much sharper, partly because the mining boom —...
