ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
International relations

China pulls back from Australian investment as relations sour

Canberra's infrastructure security push may lower the tally further

China's Landbridge Group signed a 99-year lease for the strategically important Darwin Port in Australia's Northern Territory in 2015, sparking concerns about Chinese influence over national interests.   © Reuters

SYDNEY -- Chinese investment in Australia decreased for the first time in four years last fiscal year and may drop even more as the government in Canberra tightens its guard against China's influence on key infrastructure.

Approved Chinese investment reached 38.8 billion Australian dollars ($29.1 billion) in the year ended June 2017, the Foreign Investment Review Board said Tuesday -- down 18% on the year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more