Australian bias against Chinese investment

Changes in Australia's foreign investment regime have drawn concerns in both China and Australia.

Australia's parliament passed new rules on foreign investment on Nov 24, which lowered the benchmark for Chinese investment into agriculture from 252 million Australian dollars ($184 million) to 15 million Australian dollars.

In other words, all Australia-bound Chinese investments in the agricultural sector which exceed 15 million Australian dollars are now subject to review and approval from Australia's Foreign Investment Review Board.