Australia’s geographic proximity, wealth of attractive assets, political stability and predictable legal environment make it an attractive destination for China outbound investment.
In 2009 China became Australia’s second-largest source of foreign direct investment and Australia’s single largest export destination. China’s Ministry of Commerce has predicted that China’s foreign direct investment will reach a record US$100bn in 2011.
We have already seen significant investment in the mining, energy and resources sectors but China outbound investment is diversifying, with food, agriculture, chemical and technology sectors becoming desirable targets for outbound investment from China.
Mallesons’ China Outbound team is at the forefront of these developments, advising clients in a number of industries on their investments into Australia.
Mallesons provides strategic legal advice to clients throughout Asia and has extensive experience advising Chinese companies pursuing investment opportunities in Australia.
Our team of partners assists Chinese investors throughout the region on financing, negotiating, structuring and securing regulatory approvals for transactions in a number of industries.
We have nine offices across Australia, Hong Kong, Beijing, Shanghai and London. Our unified approach across all of our centres ensures consistency of legal excellence and seamless client service, including a co-ordinated bilingual service.
Our team works together closely to provide our clients with specialist advice tailored for the particular needs of their transaction, location and industry.
Mallesons has extensive experience in the project management of multi-jurisdictional transactions.
We have established good working relationships with top law firms and local counsel across a wide range of areas internationally and are currently engaged on, or have completed work in a number of jurisdictions throughout Asia.