Chinese investment in Australia fell 36 percent to AU$1.34 billion in 2023, compared to AU$2.1 billion in 2022, with healthcare overtaking mining as the key industry. It was the second lowest year in investment value “since 2006, and the joint-lowest year in number of investment transactions with just 11 transactions (the same as 2021) recorded across the year.” These are among the key findings of the Demystifying Chinese Investment in Australia (April 2024) report released recently by KPMG Australia and The University of Sydney. The report analyses Chinese Overseas Direct Investment (ODI) into Australia “for the ... (full story)