Report: In 2022, China ’s investment in Australia has increased but still lower than

A report released by KPMG and the University of Sydney Business School showed that China increased its investment in Australia last year, the first annual growth since 2016, but it is still much lower than the historical level.

According to the Wall Street Journal, this report shows that China's investment is mainly aimed at iron ore, gold and lithium mineral projects, and investment in commercial real estate has further shrunk.

Australia is trying to repair the relationship with China.During the crown disease epidemic, the Australian government demanded an investigation on the source of crown diseases, which angered the Chinese government.Coronary virus was first discovered in China.

In 2022, China's total investment in Australia was 1.42 billion US dollars (below, about 1.894 billion yuan), which was more than doubled from US $ 585 million in 2021, but it was far below 2011By 2017, about $ 10 billion in investment.In 2008, in the Australian mining investment boom, Chinese companies' investment was as high as 16.20 billion US dollars.

The report states: "2022 is better than 2021, but it is still the second year of China's investment since 2007, showing that the low valley has not yet gone."The total direct investment last year increased by 2.8%, and it was gradually recovering from the trough from 2019 to 2020.

The report also wrote that as the Chinese economy rebounded from the strict epidemic prevention and control of the Chinese economy for nearly three years, "coupled with Australian -China -China bilateral relations tended to stabilize, some Chinese investors may consider it again in Australia in Australia.Investment opportunities ".

China is also likely to need more energy and commodities in the Chinese economy to rebound from the outbreak.At the beginning of the year, China canceled the informal ban on Australian coal and agreed to take measures to resolve trade disputes with Australia in barley.

However, according to the Chinese University of Commerce and Management of the University of Sydney Business School, Hans Hendrischke, the University of Sydney Business School, said that Australia's stricter investment review and the Chinese government's concerns about capital escape mayBecome a major obstacle to investing in full recovery.