Why Australians concerned about China’s investment surge?

According to Brian Wilson, Chairman of Australia’s Foreign Investment Review Board, China now is Australia’s largest two way trading partner with China, but investment from China makes up only 4 percent of Australian total foreign investment.

And Wilson says it’s natural for Australians to be concerned about some other country that is starting to come up the investment curve, saying quote: “And then in the 1980s and early 1990s there was a lot of concern about Japanese investing in Australia and now of course over the past 6 or 7 years there has been concern about China investing in Australia.”

According to him, Australia is a large economy with a small population, and the government has the phrase open for business which is really saying they welcome foreign investment.

And Wilson says it is a win-win model as well.