PUBLISHED ON FEB 28, 2021 04:04 PM IST
Data from the Australian National University released Sunday showed direct investment plunged to US$800 million last year, from US$2.05 billion in 2019.
Reuters | By Reuters | Posted by Amrutha Kosuru
UPDATED ON SEP 21, 2020 02:16 PM IST
The Swedish state-owned company told Reuters it would not enter into any new contracts at the Australian site to support Chinese customers after its current contract expires. However, it did not disclose when the lease runs out.