Reaction to Chinese investment challenges Australia's open investment regime

Australia is the largest single ultimate destination for Chinese direct investment, and though Australia is a relatively small economy, it is likely to remain one of China's largest foreign investment destinations for a while to come. At the same time, the scale and pace of growth in Chinese direct investment has led to populist reactions that have challenged the open investment regime in Australia and, in particular, raised policy questions about whether investments by state-owned enterprises (SOEs) need to be treated differently from private investment. By Peter Drysdale, Australia National University.