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Analysis: Investment vs. national interest

No-one expects business to apply a national interest test when it comes to making money but, in the case of Chinese investment in Australia such a test must be applied until China changes its ways.

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Comments

Perth
I agree with Brian Wilson It is totally naive on the part of pro-China lobby in Australia to favour Chinese business (though it is state controlled)investment in Australia without giving thoughts to the final repercussions. Although the Australian government and FIRB should have strict rules and clear guidelines on foreign investment, serious thought should be given to secondary processing facilities in Australia which will not only bring employment in Australia but profits will be shared by Australian companies. See what is hapening to the LNG market. Although there is a rule of 15% of exploration to be supplied in the domestic market, but is it really followed in its true sense? Foreign investment is good but should be handled very carefully

Perth
I would hope our politicians read your articles!

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