Many rural and agribusiness in Australia are in strive – lacking capital for equipment upgrades and infrastructure developments, and having to battle the effects of long periods of draught. Sadly for many small and medium sized family entities there is simply no way out. Ferngrove Wines is a success story benefiting from Chinese foreign direct investment and there are many more. “The Australian government welcomes foreign investment. It has helped build Australia’s economy and will continue to enhance the wellbeing of Australians by supporting economic growth and prosperity.” (Source: Australia’s Foreign Investment Policy). The readings and statistics given earlier show the extent and pace of Chinese investment in Australia and the level of trade and business between the 2 countries. Yet, Chinese direct investment is not welcome by all. Controversies, scepticism, and political wrangling over Chinese direct investments in Australia are broadcasted frequently in the popular media in one form or another. Here is an interesting debating topic:
“Australians should welcome and accept all direct foreign investments.” Would you prefer to be on the affirmative or opposition side? Jot down a few points on the side that you would like to be on.