Australia: Chinese investment important to economy
April 30, 2008
- Australian Treasurer Wayne Swan said on Wednesday Chinese investment has a role to play in the Australian economy.
The Australian government welcomed foreign investment and did not discriminate in terms of the source country, Swan told the Skynews.
“Chinese investment has got a role to play in this country but we’ve made it very clear when it comes to foreign investment from Chinese government entities that we will apply our national interest criteria as we do in all other cases.
“We think it’s important that investment is competitive, that investment is non-strategic, and that investment is in our national interest”, he said.
(Source: Shanghai Daily)
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