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Politics, profits compete in flow of Chinese investment

The party is well and truly over when it comes to Chinese residential property buyers investing in Australia, reduced to a gathering for friends and family only.

Gold Coast apartment buildings
Yuhu Group Australia's Jewel on the Gold Coast exemplifies the type of property previously popular with Chinese buyers. Photo: Shutterstock

The party is well and truly over when it comes to Chinese residential property buyers investing in Australia, reduced to a gathering for friends and family only. 

A prolonged slump in interest from China's real estate buyers has become increasingly evident since relations between the two countries have grown increasingly tense.

For the first time since Chairman Mao’s era as China’s leader, this week marked the first time Australia had no journa…