2017年CRI Chinese investment in Australia surges 11.7 percent（在线收听）

Chinese investment in Australia reaches 15 billion Australian dollars in 2016. [Photo: sina.com]

A new report has shown that Chinese investment in Australia surged 11.7 percent last year to over 15 billion Australian dollars.

The report by the auditing firm - KPMG - and the University of Sydney shows a record 103 deals were signed with Chinese companies in 2016, with 76 percent of those reached with private firms.

The report found that commercial real estate remained the largest sector, attracting 36 percent of Chinese investment.

Since 2007, Australia has attracted a total of 90 billion U.S. dollars in new Chinese investment -- second only to the U.S. with more than 100 billion dollars.

For more on this, the Beijing Hour's Paul James spoke earlier with John Ross, Senior Fellow with the Chongyang Institute for Financial Studies at Renmin University.