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Chinese investment has decreased but the communist superpower still controls major Australian assets after buying up infrastructure, land and water
[Daily Mail, Where America Gets Its News] - China's massive buy-up of Australia has stalled as tensions rise between nationsStricter rules have turned cash tap off but China still owns vast tracts of nation
- Beijing has spent $153billion buying Australian firms since global financial crisis
- Australian water, milk, energy, real estate, port and mines are Chinese-owned
- Spending by Chinese companies has shrunk by almost one-thirtieth of its peak
Posted by: Skidmark 2022-04-29 |
