Crazy rich Asians: Chinese investors pour $40billion into Australia in just four years with almost half of the money coming from Beijing-backed companies

Chinese investors have injected $40.4 billion into Australia in the past four years
Figures are according to the new Chinese Investment in Australia Database
New South Wales and Victoria were the biggest beneficiary investment areas
Investment was at its peak in 2016 before it plummeted to $8.9 billion in 2017

Chinese investors have injected $40.4 billion into the Australian economy in the past four years, despite a sudden slump last year, a newly launched public database has revealed.

The Chinese Investment in Australia Database, the first extensive public register tracking the flow of Chinese foreign investment into Australia, was unveiled on Monday.

Compiled by the East Asian Bureau of Economic Research at the Australian National University in Canberra, the database aims to help provide a better understanding of 'who' is undertaking investment activity.

http://www.dailymail.co.uk/news/article-6250821/Chinese-investors-pour-40billion-Australia-four-years-half-Beijing-companies.html

Of the 262 transactions made, 222 involved a privately-owned investor and 70 per cent were worth under $100 million.

Of the $40.4 billion poured into Australia by Chinese investors between 20I4-17, almost half ($19.2 billion) came from Chinese government-backed companies, according to the figures.

In 1851 Chinese investors collected most of the wheel barrows and filled them with gold and cabbages at bargain prices eat in or take way. British subjects grabbed hundreds of tons of gold and today some Australians invest $84bn in UK which invests $83bn in Oz which seems a bit circular but that's finance.

Hi Philip,

Not sure if Australia is entirely - "for sale?"
But some of it certainly appears to be.

And -

It certainly looks like it at first glance when travelling
around Melbourne and seeing all the apartment buildings
(little boxes) going up thanks to "Chinese money."

And then seeing how many homes have "for lease," signs up.
again thanks to "Chinese money."

Thanks for alerting us to the first extensive public
register tracking the flow of Chinese foreign investment into
Australia. The database was compiled by the Asian Bureau
of Economic Research at the ANU in Canberra. And the data
base aims to provide a better understanding of who is
undertaking investment activity.

Professor Peter Drysdale, Project Leader, has called on
Australia to be "clear-eyed" about investment.

He has stated that - "Rather than close off Chinese
investment in infrastructure, both countries need to frankly
sit down and talk about how to manage the risks."

"There is a strong appetite for infrastructure investment
funds and it can't all be sourced domestically. China is
the largest source of new capital in international markets
by a significant margin."

NSW and Victoria (according to the Daily Mail) were by far
the biggest beneficiaries of investment, while mining, real-
estate, and transport were the key investment areas.

We're told that the investors' investments accounted for 42
per cent of total recorded investment activity.

Do we need Chinese investment? Apparently we do.
However, could we at least set certain rules and regulations
that would protect too many "eyesores" from springing up
within out urban areas - and could we also protect our
prime agricultural land from being sold off as well to
foreign investors?

We can make up our own figures , everyone's lying.

https://dfat.gov.au/trade/resources/investment-statistics/Pages/statistics-on-who-invests-in-australia.aspx

Ireland invests more than 1/3 that China did last year. Bitcoin and Dreamworld Oil Casino probably do it by money-laundering through Putin Opera House Cricket.

Well yes I too am concerned, however we must not ignore a truth, the Chinese will never own Australia, the Japanese will not sell it to them.
Few western country,s are not facing the very same problem.
World trade and opening our market to others is a basic side effect of? capitalism.
And the idiotic thought we can forever have sustainable growth in all thing.
Close the door? if we want to become a Banana Republic

Can't blame the Chinese. They couldn't do it without the help of our greedy, corrupt politicians who could put a stop to it any time they wanted. I've always believed that Australia's worst enemies are its political class. Australian politicians seem to be working, not for us, but for foreigners. It's all about globalisation and a global elite intent on picking the eyes out of sovereign nations, and bugger the locals.