2018 was a year of uncertainty in global economic affairs amidst slower global growth, decline of global foreign direct investment (FDI) and general apprehension about worsening conditions for international business. Preliminary UNCTAD figures confirm concerns about deglobalisation. Global foreign direct investment (FDI) in 2018 declined by 19 percent to USD 1.2 trillion, down from USD 1.5 trillion in 2017. The downturn in global FDI has affected most developed countries. Europe experienced the sharpest decline in total inbound FDI with 73 percent, whilst the US experienced an 18 percent decrease.
Australia has done comparatively well with a 39 percent increase in total global inbound FDI from all foreign companies.
These are among the key findings of the latest Demystifying Chinese Investment in Australia (April 2019) report by KPMG and The University of Sydney Business School, analysing Chinese outbound direct investment into Australia in calendar year 2018. The report also incorporates the bi-annual Chinese Investors in Australia Survey – providing insights into the perceptions of the Australian investment climate by Chinese investors.
We are proud to share with you the full report series, Demystifying Chinese Investment in Australia.