"We expect overall Chinese FDI in Australia to remain subdued in the coming year," said Doug Ferguson, report co-author, and head of Asia & international markets for KPMG Australia.
SYDNEY: Chinese investment to Australia more than halved in 2019 and it would continue to fall this year due to the coronavirus outbreak and negative perceptions around government screenings of such inflows, says a report by KPMG and the University of Sydney.
The number of deals fell 43% to 42 for the year ended Dec. 31, while investments fell 62% to $2.4 billion.
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