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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

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Posted by: Frank G   2022-04-29 20:08  

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