Australia's brave new world for Chinese investors

One of the biggest impediments to Chinese investment in Australia has been China's own regulator, but recent developments suggest that the heavy-handed approach is about to change.

Just about every PowerPoint presentation on investing in Australia for Chinese investors starts with slides on the Foreign Investment Review Board, says Andrew Michelmore, chief executive of the Chinese owned MMG, a Melbourne-headquartered international mining company.

FIRB is the favourite whipping boy for Chinese investors who decry discrimination and nativists who don’t like the idea of China buying up tracts of farmland or mines in this country. 

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