Chinese investment in Australia plummets 47% in a year as diplomatic tensions rise

Researchers have found Chinese investment in Australia has fallen at a much faster rate than in other countries

Chinese investment in Australia has plunged almost 50% in a year, a new analysis has found, as souring relations between Canberra and Beijing contribute to a rapid fall in investor confidence.

Australian National University researchers found Chinese investment in Australia had fallen for the third consecutive year, dropping from $4.8bn to $2.5bn between 2018 and 2019.