A new report has shown that Chinese investment in Australia surged 11.7 percent last year to over 15 billion Australian dollars.

 

一份新报告显示，2016年中国在澳大利亚的投资超过150亿澳元，增长11.7%。

 

The report by the auditing¹ firm - KPMG - and the University of Sydney shows a record 103 deals were signed with Chinese companies in 2016, with 76 percent of those reached with private firms.

 

The report found that commercial real estate remained the largest sector², attracting 36 percent of Chinese investment.

 

Since 2007, Australia has attracted a total of 90 billion U.S. dollars in new Chinese investment -- second only to the U.S. with more than 100 billion dollars.

 

For more on this, the Beijing Hour's Paul James spoke³ earlier with John Ross, Senior Fellow with the Chongyang Institute for Financial Studies at Renmin University.

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