Seminar Recording - The Sustainability of Chinese Investment in Australia

The Centre for Contemporary Chinese Studies Special Seminar Series on Chinese State-Owned Enterprises began in 2017 with a talk on 'The Sustainability of Chinese Investment in Australia', by the head of Sydney Business School's Australia China Business Network and Chair of the Business and Economics cluster at the University of Sydney's China Studies Centre, Professor Hans Hendrischke.

Watch the seminar through our Vodcast Playback

Chinese outbound direct investment in Australia has become a political and geo-strategic issue as national interest and national security concerns compete with business interests for public support. Based on analysis of the trajectories of Chinese ODI in Australia over the past decade, including pre-investment motivations, industry characteristics, entry strategies, and post-entry integration, Professor Hans Hendrischke will argue that it is imperative to separate strategic and economic fundamentals and depoliticise the foreign investment debate. He concludes that the regulatory regime needs clarity and transparency as well as the right of government to make strategic decisions. Formal adjustments to the approval process alone will not make Chinese ODI in Australia sustainable. The crucial point is to improve host country post entry integration and Chinese investors’ corporate governance.

Professor Hendrischke leads the University of Sydney Business School’s Australia China Business Network and chairs the Business and Economics Cluster in the University’s China Studies Centre. He works on business institutions and entrepreneurship in China. He leads a research project with KPMG which publishes annual reports on Chinese outbound direct investment in Australia and thought leadership reports on Australia China business relations. Professor Hendrischke has co-authored the 2014 Australia China Trade Report for the Australia China Business Council and co-edited China's Economy in the 21st Century: Enterprise and Business Behaviour (with Barbara Krug).