Could Australia's Tougher FDI Review Put Off Further Chinese Investment? | Economy Watch

Economy Watch:

"In response to recent Chinese interest in infrastructure assets, the Australian government is under pressure to tighten its foreign investment review framework on national security grounds.

So far, the changes have been measured. The Treasurer has made the sale of state government-owned critical infrastructure assets to privately owned foreign companies subject to review by Treasury’s Foreign Investment Review Board (FIRB). David Irvine, former Director-General of the Australian Security Intelligence Organisation (ASIO) and a former ambassador to China, was also appointed to FIRB to boost its capacity to provide national security advice to the Treasurer."



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