Beijing has warned Australia against continuing the discrimination against Chinese companies seeking to invest in Australia, saying it could jeopardise Astralia's future role in China's growth.
Australia recently banned Chinese firm Huawei from working on the National Broadband Network (NBN).
Chinese Ambassador to Australia, Chen Yuming, said that Australia has nothing to fear from China’s rise and urged Canberra to allow more investment, reported The Australian Financial Review.
“We believe what Huawei has received in Australia does not equal fair treatment and the accusations against Huawei are unfounded,
“I would say like all investors from other countries Chinese companies investing in Australia all want a secure, open, transparent and non-discriminatory environment for their business investment.
"We call on the Australian side at the official level and of course the Australian public to adopt a more objective view on Chinese companies and Chinese investment coming to Australia and to more warmly welcome Chinese companies doing business in Australia.
“I believe the current stock of Chinese investment in Australia is not too much. We need more Chinese investment and co-operation ... and many Chinese companies have the positive desire to further pursue growth and development in Australia,
“But they want to invest in a country with a good environment for overseas investment and good conditions for overseas investors.” Chen said according to the AFR.
