Tokyo | Growing global Chinese investment is largely bypassing Australia, as Beijing seeks more strategic opportunities in South-East Asia and other emerging economies that do not have close ties with Donald Trump’s administration.
Chinese investment in Australia through mergers and acquisitions increased 41 per cent to $US862 million ($543 million) last year, compared to 2023. But the level was still the third lowest since 2006, and remains 95 per cent below the 2008 peak of $US16.2 billion, according to a new KPMG and the University of Sydney research report.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
