Chinese direct investment in Australia : public reaction, policy response, investor adaptation
AbstractChinaâ€™s overseas direct investment (ODI) in Australia has attracted adverse public reaction, similar to the reaction to Japanese investment in the late 1980s. Publicly aired concerns focus on Chinese ODI which is predominantly from state-owned enterprises and is perceived as a risk to Australiaâ€™s control over its wealth-creating assets. This perception is exacerbated by a lack of understanding of the institutional environment within which Chinaâ€™s state owned investors operate and the scale of investment. The current Australiaâ€”China investment relationship has involved an awkward interaction between public reaction, policy response in Australia, and adaptation by Chinese investors and institutions. Adaptation by Chinese investors has seen increased attempts to gain local legitimacy but has also potentially diverted largescale resource investments to other resource rich countries such as Guinea and Mongolia. Resolution of this reaction, response and adaptation process will require a deeper bilateral policy dialogue and increased investment transparency from state-owned investors and the related institutions on both sides.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series EABER Working Papers with number 23342.
Date of creation: Oct 2012
Date of revision:
Contact details of provider:
Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org
More information through EDIRC
Chinese ODI in Australia; state owned investors; public perception of Chinese investment in Australia; public reaction; policy response; investor adaptation; Australiaâ€”China investment relationship;
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Wilson Au-Yeung & Alison Keys & Paul Fischer, 2012. "Australia-China: Not just 40 years," Economic Roundup, Treasury, Australian Government, issue 4, pages 7-41, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong).
If references are entirely missing, you can add them using this form.