![]() ![]() ![]() These are among the key findings of the Demystifying Chinese Investment in Australia (July 2021) report released today by KPMG and the University of Sydney. Privately owned enterprises accounted for 62 percent of investment value and 85 percent of deal numbers, outweighing state-owned investment. The only other state to receive investment was Queensland, with one percent. Reflecting continuing investment in the mining sector, Western Australia received the second highest proportion of Chinese investment, at 26 percent, followed by Victoria with 24 percent. New South Wales continued to attract the lion’s share of Chinese investment, with just under half (49 percent) at $1.246 billion of total investment. There was no investment recorded in renewable energy, energy (oil and gas), or infrastructure. The services sector accounted for 21 percent of investment, with food & agribusiness (4 percent) and healthcare (1.3 percent) also represented. Mining was the largest sector recipient with 37.6 percent of total Chinese investment, followed closely by commercial real estate, which accounted for 36.1 percent of investment. Professor Hans Hendrischke, report co-author ![]()
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