China's real estate investment in Australia is still not meet the demand for a year

    According to the U. S. "the Wall Street Journal (blog, micro blog)" website reported on April 11, Australia's foreign investment review board (FIRB) released annual report shows that ended in the year ending in June 30, 2015, China is one of the Australian real estate industry's largest investors, approved investment of 240 billion Australian dollars (US $18 billion) is three times of the amount of investment in the United States, is six times the size of Singapore.
   China's investment in the amount of investment compared to the 12 billion Australian dollar 2013-2014 fiscal year increased significantly. At that time, China surpassed the United States for the first time to become the largest foreign investor in the Australian real estate industry. Foreign investment in Australia, most of the need to obtain government approval.
According to one of China's most popular international real estate portal home network (juwai.com) search data. Australia is now the second largest target market for Chinese real estate investors, second only to the United States.
The RC network chief said executive Charles Pita, Chinese investors on the real estate a lot of pent up demand is still not satisfied.
   He said that since 2012, the total real estate investment in foreign countries in Australia, China's share of less than 1/10 rose to more than 1/4. He said that in the future there will be ups and downs, but there is no doubt that the long-term trend is upward.
He added that this is very important, because it shows that those who claimed that Chinese investment is plummeting bearish Chinese people shallow insights.
Australia's real estate market after China's second largest investor is the United States, FIRB approved investment amount of 7 billion Australian dollars, followed by Singapore, for the 3 billion 800 million Australian dollars.
China is Australia last fiscal year approved the total investment in the country ranked first in the country, a total of 47 billion Australian dollars, including tourism, manufacturing, agriculture and mineral exploration and other fields.
British "Financial Times" web site on April 11 daily Tao said that Australia in the 2014-2015 year approved the $240 billion from China's real estate investment, increase one times more than the previous year, reflecting even down the Chinese economy, Chinese demand for overseas real estate is still soaring.
   Australia's FIRB weekend released figures also show that approved investment in Australia's agricultural, financial and manufacturing investment in China has increased. China is Australia's largest foreign investor, approved a total of 46 billion 500 million Australian dollars, almost two times in the United States ranked second (25 billion Australian dollars). Foreign investment last year approved a total of 194 billion Australian dollars, higher than the 167 billion Australian dollars in the last year by the end of 2014 6.
China's investment in the United States and Europe is at a record high, highlighting the growing importance of Beijing in supporting global economic growth and as a source of foreign investment.
The data seem to suggest that concerns over China's capital inflows are likely to be too weak due to the slowdown in China's economic growth, tighter capital controls and tighter regulatory scrutiny in Australia.
However, economists cautioned that the data as of the end of 6 in 2015, missed the recent slowdown in foreign investment in Australia's real estate. In addition, not all approved transactions will be truly realized.
"There is evidence that the Chinese authorities are attempting to implement informal or de facto control of the people who are trying to transfer their money offshore. The move may be affecting, "said Sol Essyk, an independent economist," which is likely to be one of the reasons for the recent data show that the new apartment building has declined sharply in the past 6 months. Banks have tightened lending requirements for all investors, which is likely to be a factor, too."