News Snapshot:
Chinese investment in Australia has collapsed, falling 61% in 2020, according to new data from researchers at the Australian National University. The university’s Chinese Investment in Australia database recorded just more than $1bn of investment in Australia in 2020, down from $2.6bn in 2019 and well short of the peak of $16.5bn in 2016. The drop follows a 47% decrease in 2019. Australia has had strained economic relations with China since its call for the World Health Organisation to gain weapons inspector style powers in April 2020 was promptly followed by threats of a consumer boycott by China . Australian...
