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Chinese investors may own less than 1 per cent of Australian farmland, but the true level is not known because it is hidden behind a corporate veil, according to a new report that offers support to the establishment of a formal register of foreign land ownership in Australia. A joint report by accountants KPMG and … Continue reading
China‘s state-owned companies may be deterred from investing in Australia because they are being treated unfairly, a Chinese business leader says. Chairman of the China Chamber of Commerce in Australia, Hu Shanjun, said Australia was still a popular place for Chinese groups to invest, but that could change. Mr Hu, who also heads the Bank … Continue reading
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