Chinese investment nearly halved last year


Source: campaspenews.com.au campaspenews.com.au

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Parliament House behind an Australian and a Chinese flag (file image) - AAP 1 of 1 5370537724001 Chinese investment in Australia nearly halved in 2019 from the year before, new analysis shows. The Australian National University's Chinese Investment in Australia database shows the funding decreased by more than 47 per cent, from $4.8 billion in 2018 to $2.5 billion last year. According to the data - collated since 2014 - Chinese investment has dropped for three consecutive years since peaking at $15.8 billion in 2016. The researchers say Chinese overseas investment was lower across the board last year, but Australia's...