Chinese investment in Australia plummeted by more than 61 percent in 2020, according to new data from Australian National University (ANU). It follows the continual downward trend of Chinese investment in Australia since the 2015-16 financial year.
The university’s Chinese Investment in Australia (CHIIA) Database reported that the total investment in 2020 added up to just over AU$1 billion ($775 million), down from $2.6 billion in the previous year. It was also generated by only 20 deals.
