Chinese investment in Australian infrastructure assets: accounting for local public preferences

Laurenceson, J; Bretherton, H; Burke, PF; Wei, E

Chinese investment in Australian infrastructure assets: accounting for local public preferences

Laurenceson, J

Bretherton, H Burke, PF

Wei, E

Permalink

Publication Type:: Journal Article
Citation:: China Economic Journal, 2019, 12 (1), pp. 77 - 92
Issue Date:: 2019-01-02

Open Access

Copyright Clearance Process

Recently Added
In Progress
Open Access

This item is open access.

Adobe PDF

Download Accepted Manuscript VersionAdobe PDF (450.09 kB)

View on publisher's site

View statistics

Full metadata record

Field	Value	Language
dc.contributor.author	Laurenceson, J https://orcid.org/0000-0002-3991-0082	en_US
dc.contributor.author	Bretherton, H	en_US
dc.contributor.author	Burke, PF https://orcid.org/0000-0003-0978-0237	en_US
dc.contributor.author	Wei, E	en_US
dc.date.available	2020-05-25T19:07:07Z
dc.date.issued	2019-01-02	en_US
dc.identifier.citation	China Economic Journal, 2019, 12 (1), pp. 77 - 92	en_US
dc.identifier.issn	1753-8963	en_US
dc.identifier.uri	http://hdl.handle.net/10453/134968
dc.description.abstract	© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group. Chinese investment in Australian infrastructure assets can bring economic benefits for both countries. However, it can also create domestic political challenges. This is because Australian public support for foreign investment in infrastructure is limited. In order to better inform public policy and firm decision-making in both China and Australia, this paper undertakes a choice modelling analysis of original survey data to determine the drivers of local public preferences. The Australian public is found to be more concerned by the share of foreign ownership an investment will bring rather than the fact it is from China. Accounting for these preferences, such as through the recruitment of local partner companies, will facilitate Chinese investment in Australian infrastructure, and potentially, greater bilateral engagement on the Belt and Road Initiative. The Australian case might also offer wider lessons for Chinese investment in infrastructure assets abroad.	en_US
dc.relation.ispartof	China Economic Journal	en_US
dc.relation.isbasedon	10.1080/17538963.2018.1543792	en_US
dc.rights	info:eu-repo/semantics/openAccess
dc.title	Chinese investment in Australian infrastructure assets: accounting for local public preferences	en_US
dc.type	Journal Article
utslib.citation.volume	1	en_US
utslib.citation.volume	12	en_US
utslib.for	1402 Applied Economics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (International)
pubs.organisational-group	/University of Technology Sydney/DVC (International)/Australia-China Relations Institute
pubs.organisational-group	/University of Technology Sydney/Faculty of Arts and Social Sciences
pubs.organisational-group	/University of Technology Sydney/Faculty of Arts and Social Sciences/FASS Faculty Administration
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Marketing Discipline
pubs.organisational-group	/University of Technology Sydney/Strength - ACRI - Australia China Relations Institute
pubs.organisational-group	/University of Technology Sydney/Strength - BIDA - Business Intelligence and Data Analytics
utslib.copyright.status	open_access	*
pubs.issue	1	en_US
pubs.publication-status	Published	en_US
pubs.volume	12	en_US

Abstract:

© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group. Chinese investment in Australian infrastructure assets can bring economic benefits for both countries. However, it can also create domestic political challenges. This is because Australian public support for foreign investment in infrastructure is limited. In order to better inform public policy and firm decision-making in both China and Australia, this paper undertakes a choice modelling analysis of original survey data to determine the drivers of local public preferences. The Australian public is found to be more concerned by the share of foreign ownership an investment will bring rather than the fact it is from China. Accounting for these preferences, such as through the recruitment of local partner companies, will facilitate Chinese investment in Australian infrastructure, and potentially, greater bilateral engagement on the Belt and Road Initiative. The Australian case might also offer wider lessons for Chinese investment in infrastructure assets abroad.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/134968