Aussies set to get more Chinese capital

A free-trade deal between Beijing and Canberra is making it easier for Chinese companies and individuals to acquire assets in Australia.

Aussies set to get more Chinese capital

A recently minted but not yet ratified free trade deal between China and Australia should accelerate an already powerful trend of Chinese investment into Australian assets, by cutting red tape and making approvals easier.

Under the FTA, acquisitions of up to A$1.1 billion by private companies will no longer need approval by Australia’s Foreign Investment Review Board FIRB, which advises the Treasurer and the government. Currently, any deal valued over A$252 million must...

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