Arab Today, arab today chinese investment in australia growing and diversifying
Last Updated : GMT 14:57:14
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: 

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 Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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