Oct 08, 2018 06:21 PM

China Investment Down Under Plunges as Relations Sour

Photo: IC
Photo: IC

*Chinese investment in Australia dropped by 40% last year, following years of rapid growth, while broader outbound investment from the country as a whole fell by just 19%

*Bilateral relations have soured, with suspicion in Australia of Chinese investments and Beijing's political influence on the nation unlikely to dissipate under the new government in Canberra

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