Last year the Australian government barred the State Grid Corp of China and Hong Kong billionaire Li Ka-shing’s Cheung Kong Infrastructure Holdings from buying a majority stake in power network Ausgrid on security concerns. Photo: Reuters

Chinese investment in Australia surges 11.7pc as deals hit record US$11.5b

Record 103 deals signed with Chinese companies in 2016, with 76pc of those reached with private firms

TOP PICKS

Last year the Australian government barred the State Grid Corp of China and Hong Kong billionaire Li Ka-shing’s Cheung Kong Infrastructure Holdings from buying a majority stake in power network Ausgrid on security concerns. Photo: Reuters
READ FULL ARTICLE