Eagerness to invest Down Under is rising
By Jiang Xueqing | China Daily | Updated: 2014-10-14 07:28
Investment | Jiang Xueqing
Direct financial connections between China and Australia are few, but they are set to increase in coming years because there is already a strong bilateral trade relationship between the two countries, Paul Bloxham, chief economist for Australia and New Zealand at HSBC Bank Australia Ltd, told China Daily.
In 2013, the Chinese mainland and Hong Kong together accounted for 3.4 percent of total foreign investment in Australia. The mainland itself represented only 1.3 percent of foreign investment in Australia, although this was up from 0.3 percent 10 years earlier.
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