The Chinese community in Australia
Chinese migration to Australia dates back to the Australian gold rush of the 1850s and 60s, however, exclusionary migration policies up until the 1970’s restricted migration from China for some time. Since then, immigration from China has increased steadily and Chinese migrants now represent Australia’s third largest migrant group after the UK and India. The 2016 Australian census showed that Mandarin was the second most common language spoken at home in Australia, and Cantonese came in fourth. The Australian Chinese community also includes a significant proportion of the international students from China choosing to study in Australia.
Chinese investment in Australia
Although foreign investment in Australia still comes primarily from its traditional trade partners, the United States and the United Kingdom, Chinese investment has been increasing in recent years. The bulk of Chinese investment in Australia goes toward commercial real estate and agribusiness. In New South Wales alone, real estate investment from China totaled almost 1.25 billion Australian dollars, which accounted for around a half of all Chinese real estate investment in the country. By comparison, in 2019 the import value of Australian food products to China displayed yet another year on year increase, totaling more than two billion U.S. dollars.