Report on 2015 China Council for the Promotion of International Trade (CCPIT) Survey Results: An Australian Perspective

In recent years, Chinese companies have faced increased media exposure over their international investment activities as well as their growing presence in global outward investment markets. This is in stark contrast to the relatively small scale of overseas direct investment (ODI) flows in 2002, the year in which China’s ‘stepping out’ strategy was launched. Now, it is widely recognised that China is experiencing a rapid transition from the ‘world workshop’ and ‘capital receiver’ to being a major source of foreign capital. According to Chinese Ministry of Commerce (Mofcom) statistics, China is now a net exporter of capital, with ODI flows reaching US$145.67 billion in 2015, with actual use of foreign capital amounting to US$135.6 billion in the same year. Consistently ranked as the first or second largest recipient country of accumulative Chinese investment, Australia has re