Researchers from the Australian National University say Chinese investment in the country in 2019 declined by nearly half.
Chinese investment in Australia almost halved in 2019, new data released Monday, September 14, showed, as relations between the two countries deteriorated.
The steep fall far outpaced a global decline in China's overseas ventures of 9.8% last year, reflecting the bilateral political tensions, Drysdale said. The country has barred Chinese telecoms giant Huawei from being a major player in its 5G rollout owing to concerns about its relationship with state security agencies, a decision that riled Beijing.
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