Chinese Investment in Australia Plummets Amid Tensions


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Chinese Investment in Australia Plummets Amid Tensions By Reuters February 28, 2021 09:07 AM Share on Facebook Share via Email Print this page FILE - A man films the harbor foreshore on his mobile phone ahead of New Years Eve in Sydney, Australia, Dec. 31, 2020. SYDNEY - Chinese investment in Australia fell by 61% 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 ($783 million) of Chinese investment in 2020, consisting...