This veritable army of technicians has been projecting increasingly higher five-year earnings growth, on average, since early 1995, according to I/B/E/S, a Wall Street research firm that compiles these estimates for the S&P 500. In January 1995, the analysts projected five-year earnings to rise on average by about 11 percent annually.
The facts, however, show that, even though Chinese investment in Australia has increased in recent years, it currently accounts for only a very small share of foreign capital invested in Australia. Australian Bureau of Statistics (ABS) data indicate that, at the end of 2008, Australian assets owned by Chinese entities stood at around $ billion.