Beijing companies’ investments boost Sydney’s economy

Global Business

A new report stated trade between Australia and China is providing a boost to the Australian economy. The Australia Chinese Business Council said it’s helping to create jobs and opportunities for even more business growth between the two countries.

CCTV America’s Greg Navarro filed this report from Sydney.

Beijing companies\' investments boost Sydney\'s economy

Beijing companies\' investments boost Sydney\'s economy

A new report stated trade between Australia and China is providing a boost to the Australian economy. The Australia Chinese Business Council said it's helping to create jobs and opportunities for even more business growth between the two countries. CCTV America's Greg Navarro filed this report from Sydney.

Highlights:

  • A few years ago, marketing consultant Marcus Rubenstein saw a growing need among Chinese companies with an eye on investing in Australia. It the genesis for his company, Red Door , which helps Chinese companies market themselves to an Australian audience.
  • A new report by the Australia China Business Council said the average Australian household is prospering as a result of a growing China-Australia relationship.