Reported on September 17, according to Australia's new fast network, due to concerns about the mining boom will end, and Commercial Bank of China (ICBC), the world's largest banks, one of Australia's resources industry is reduced loans and increase investment in agriculture.
 
Han Ruixiang, general manager of Industrial and Commercial Bank of China branches in Sydney, Australia, said: "As a commercial bank, we realize that we need for diversification of investments in areas outside the resource industry, we are beginning to expand their business to agriculture, which is a development strategy. we should not only concentrate on one area, mining may be a recession. "
 
According to reports, since the first branch opened in Sydney in four years, ICBC has reached 40 billion borrowing scale. In Melbourne and Perth have operations at, and plans at the addition of an operator in Brisbane.
 
Han Ruixiang believe, in view of the withdrawal of European banks in Australia, will play a more important role in the Bank of China in Australia.



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