The Chinese overseas investment frenzy caused fear in the hearts of most Australians, according to a recent poll. Australia, considered to be in the frontline of Chinese targeted investment, might be allowing too many investments from the Asian tiger. The poll was conducted by the Lowy Institute.
Fifty-seven percent of the respondents thought that there was little regulation on the Chinese international investments on Australia, a fact which strikes investors down under with uneasiness.
The outbound Chinese investments have grown into Aus$77.22 billion last year alone, according to the Dragon Index, the first to track Chinese overseas investment across the globe. The Dragon Index was made by A Capital, a private equity company based in Brussels.
Chinese investments on the land down under are commonly placed in the sectors of mining, and oil and gas. The recent trend shows that China is following the rest of the world's strategy - investing into a plethora of sectors such as agriculture, real estate, aerodynamics, solar energy, among others.
"Australians recognize the economic value of Chinese investments but are wary of their provenance and the poor transparency of Chinese state-run companies," noted Kerry Brown from the University of Sydney's China Studies Center.
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