Chinese investment in Australia falls 62% in 2020


Source: bdnewstimes.com bdnewstimes.com

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Chinese investment in Australia falls 62% in 2020 দ্বারা WhatsApp Chinese investment in Australia plunged to just over 1 billion Australian dollars ($775 million) in 2020, down 62% from the previous year, according to a report released Monday by the Australian National University’s Chinese Investment in Australia Database. That’s also down nearly 94% from a peak of 16.5 billion Australian dollars ($12.8 billion) in 2016, according to the study. The countries are big economic partners in Asia Pacific. China, the world’s second biggest economy, was Australia’s largest trading partner in 2018, with trade between the two valued at 215 billion...