Australia and China - Feb 3

After last year's signed free trade agreement between Australia and China, the Australian economy will be receiving approximately US $130 billion a year from the Chinese. Chinese investors are especially interested in Australian ports, mines, and roads. China will be also receiving needed agricultural products and environmental protection technology from Australia. This agreement between the two countries is known as China's largest oversea investment program. It looks as if China is taking full advantage of the free trade between the countries and is looking towards capitalizing on the opportunity. This is a move by the Chinese that reflects their growing economic relations with its neighboring countries.

Source: Xinhua Net