Finance Minister Chrystia Freeland recently touted this year’s foreign direct investment performance but issues remain with business investment and productivity
As China can no longer offer investors a premium on returns to justify the risk of dealing with the Chinese Communist Party, money will keep leaving the country, accelerating U.S.–China decoupling; yet the decoupling will happen on U.S. terms and not to the liking of Chinese leader Xi Jinping, according to an analyst.
Mr Joyce told the Australian Financial Review (AFR) the review board was overweight with investment bankers, who had a vested interest in selling assets overseas.
Prime Minister Stephen Harper’s team in China negotiated a deal to protect Canadian investment there, but some question its value given the regime’s indifference to the rule of law.