In 2017, it was reported that Australia is the third-most popular destination for Chinese to invest wealth offshore, with a 7% increase in Chinese private wealth flowing into Australia while interest in the top two investment destinations, Hong Kong and the United States, fell by 18% and 3%, respectively. In 2017 there were 1.6 million high-net-worth Chinese (with at least 10 million Chinese yuan to invest) and 24 per cent of the 3,000 wealthy Chinese surveyed had private investments in Australia. Migration was one of the top three reasons for Chinese investment offshore.
In 2017 it was reported that Australia is the third-most popular destination for Chinese to invest wealth offshore, !with a 7% increase in Chinese private wealth flowing into Australia while interest in the top two investme!nt destinations, Hong Kong and th?e United States, fell by 18% and 3%, respectively. In 2017 ther.e were 1.6 million high-net-worth Chinese (with at least 10 million Chinese yuan to invest) and 24 per cent of the 3,000 wealthy Chinese surveyed had private investments in Australia. Mig.ration was one of the top th,ree reasons for Chinese investment offshore.