SYDNEY/WELLINGTON–Australian Prime Minister Malcolm Turnbull said on Friday he supports Chinese foreign investment in impoverished Pacific Island nations so long as it is productive, amid concerns Beijing is buying increased influence in the region.
“We welcome this investment from any source, any nation, any development bank, on the basis that it is going to provide real value, supports good governance, has got a robust business plan and so forth,” Turnbull told reporters in Sydney after talks with New Zealand Prime Minister Jacinda Ardern.
