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Down Under
Chinese investment has decreased but the communist superpower still controls major Australian assets after buying up infrastructure, land and water
2022-04-29
[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

#4  Thank you, BB
Posted by: Frank G   2022-04-29 20:08  

#3  /\ If you have an opportunity to link up with author and collector Dave George, give him my best.

Carvings from the Veldt.
Posted by: Besoeker   2022-04-29 17:41  

#2  FWIW - I'm now in Sydney for a 3 year assignment. The ChiComm issue is front n center here on many levels...
Posted by: Bangkok Billy   2022-04-29 16:54  

#1  Wouldn't it frost their balls if the Aussies nationalized those resources?
Posted by: Abu Uluque   2022-04-29 12:34  

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