Chinese companies claim they are ‘treated unfairly’ by Australia 

China‘s state-owned companies may be deterred from investing in Australia because they are being treated unfairly, a Chinese business leader says.
Chairman of the China Chamber of Commerce in Australia, Hu Shanjun, said Australia was still a popular place for Chinese groups to invest, but that could change.
Mr Hu, who also heads the Bank of China in Australia, said the Australian government remained suspicious of Chinese companies, especially state-owned enterprises, and it showed in their policies.
“Some new policies we think they are not very fair for Chinese investors,” Mr Hu said.
“They have certain limitations, especially for government-owned companies.”
“I think it is a bit unfair and also hurts Chinese investors’ feelings,” said Mr Hu, who spoke to AAP outside the Australia China Minerals Investment Summit in Darwin on Tuesday.
One example was that Chinese government-owned businesses had to seek approval even to rent an apartment, whereas other groups didn’t need to, Mr Hu said.
“If the Australian government has limitations and has restrictions, we will go to other countries to look for opportunities,” he said.
He said there were options for mining companies wanting to invest their money, noting major commodities such as iron ore, coal and copper could also be found in South Africa or Latin America.
The China Chamber of Commerce in Australia represents about 220 Chinese businesses who invest in Australia, including many state-owned companies.
Source: https://craighill.net/2013/05/22/chinese-companies-claim-they-are-treated-unfairly-by-australia/

7 Comments Add yours

  1. Lyn says:

    Poor Diddums!! Snakes do not change their natures

    Like

  2. Lyn says:

    BULL S…. they are bullies and buy their way in to the highest level of power – look at Andrew Rob former Minister for Trade who signed FTAs which compromise our future – sold out by people purporting to represent out interests – who can we trust to have the ethics and values that built our beloved country?

    Like

  3. Cher says:

    Oh diddums! Go and invest elsewhere then. We don’t want you turning out country Chinese. You don’t assimilate- go away.

    Like

  4. Mike says:

    If You Don’t Like It Then Piss Off

    Like

  5. trueblue says:

    F off and go buy in Saudi

    Like

  6. Stopsellingassets says:

    Good Australia is not for sale you already own enough land and corporations, the Australian government should be try to buy assets not fucking sell them, it’s a disgrace!

    Like

  7. William Morrison says:

    Oh well if you don’t like our way just pack your bags and go back to where you come from

    Like

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