Chinese investment in Australia plunges 61% in 2020


Source: thesundaily.my thesundaily.my

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Chinese investment in Australia plunges 61% in 2020 01 Mar 2021 / 09:30 H. Bottles of Australian wine are seen at a store selling imported wine in Beijing, China, in November 2020. China has since imposed dumping tariffs on Australian wine and barley, and restricted the unloading of Australian coal at Chinese ports. – REUTERSPIX SYDNEY: Chinese investment in Australia fell by 61% in 2020 to the lowest level recorded by the Australian National University (ANU) 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...