Australians Nervous Over China Investment

Article Excerpt

BY ENDA CURRAN
SYDNEY—Most Australians think the government is allowing too much Chinese investment, a poll suggests, even as ownership of local assets by the nation’s biggest trading partner remains relatively small.
In the Lowy Institute poll, 57% said they were concerned over Chinese buying of assets from farmland to listed companies. The institute surveyed 1,002 Australian voters in March.
Foreign Investment Review Board data show Chinese investment accounted for less than 3% of overseas investment into Australia in 2011. Still, China was the third-biggest source of foreign investment …
Continue reading article with pop up player

Read the original: Australians Nervous Over China Investment