Demystifying Chinese investment in Australia: June 2020

Doug Ferguson and Helen Zhi Dent introduce a report on Chinese investment into Australia in 2019, produced by KPMG and The University of Sydney.

Despite record bi-lateral trade between China and Australia, which was up 21 percent to AUD 235 billion in the 2018-2019 financial year, Chinese investment in Australia fell 58.4 percent from AUD 8.2 billion in 2018 to AUD 3.4 billion in 2019. The number of deals was down 43 percent, from 74 in 2018 to 42 in 2019.The biggest transaction was Mengniu Dairy Company’s acquisition of Bellamy’s Australia Limited for AUD 1.5 billion, a deal which accounted for 43.7 percent of total Chinese investmen...

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Authors: Doug Ferguson, Helen Zhi Dent

Published Date: 10 June 2020