Arab Today, arab today chinese investment in australia growing and diversifying
Last Updated : GMT 12:56:43
Arab Today, arab today
Arab Today, arab today

Chinese investment in Australia growing and diversifying

Arab Today, arab today

Arab Today, arab today Chinese investment in Australia growing and diversifying

Chinese investment in Australia
BEIJING - Xinhua

Chinese investment in Australia last year returned to positive growth and is rising strongly with a record number of deals bringing Chinese investors into new industries, according to a Monday report by KPMG Australia and The University of Sydney.

Mega deals, with seven involving 500 million Australian dollars (AUD) or more during the year, helped bring the total value of investment to 15.09 billion AUD (11.1 billion U.S. dollars), a 32.9-percent increase from the previous year in USD terms (or a 59.5-percent increase in AUD), according to the report.

It was the second highest inflow year for new Chinese investment into Australia, behind the previous peak driven by investment in the mining sector in 2008. On the international stage, Australia maintained its position as the second largest recipient of aggregated Chinese direct investment between 2005 and 2015, behind the United States.

In Australia, commercial real estate remained dominant for the second year in a row, accounting for 45 percent of the total investment volume. There was also significant investment in renewable energy and health, and long-awaited growth in agriculture and agribusiness investment.

Chinese investors also moved into new geographical territory, with the Northern Territory receiving over AUD 565 million in investment for the first time. New South Wales (NSW) remained the top destination for investment, attracting 49.3 percent of the national total.

"Following two years of moderately declining Chinese investment, the resurgence of interest and diversification by Chinese companies in 2015 is a strong endorsement of the attractiveness of Australia's economy. Alongside continued interest in the NSW and Victorian commercial real estate sectors, there has been activity and major deals in renewables, agribusiness and, for the first time, healthcare," said report co-author, Doug Ferguson, Head of KPMG Australia's Asia and International Markets in a press release.

"Our research has also shown that, for Chinese companies looking to expand internationally, Australia is seen as a strong first port of call. As China embarks upon its next Five Year Plan and continues to develop as a leading global economy, Australia is poised to profit as one of its major trading partners," said Hans Hendrischke, Professor of Chinese Business & Management at the University of Sydney Business School.

"All Chinese investors we interviewed held a highly positive medium-long term view of Australia and are looking to increase their investments in Australia," Hendrischke added.

Source: 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese investment in australia growing and diversifying Arab Today, arab today chinese investment in australia growing and diversifying

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese investment in australia growing and diversifying Arab Today, arab today chinese investment in australia growing and diversifying

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday