china

You should care about Chinese investment in Australia

KPMG says “Chinese investment in Australia declined 10 percent during 2013 against an overall global increase in Chinese outbound investment. The Chinese investment profile is changing. For the first time in 2013 Chinese investment in Australia was not concentrated in the mining sector. We experienced a shift towards a larger number of smaller to medium sized deals and a larger share of private Chinese investors.
One of the important key insights for SME’s is greater private Chinese investor activity, which means that there are more Chinese investors out there looking for businesses and other assets in Australia.

This KPMG report is well worth a read.

Key insights:

  • Chinese Overseas Direct Investment for 2013 (USD 9.1 billion) fell 10 percent from 2012.
  • Australia dropped to a viagracanadapharmacybest second priority destination behind the USA for accumulated global Chinese ODI (since 2005).
  • Greater diversification of Chinese investments by industry in 2013 with commercial real estate the big winner with 20 transactions.
  • Overall downward trend for new mining investments continued in 2013.
  • Victoria is the number 1 Australian state for Chinese investment.

Read more and download the report here