Hong Kong (CNN) A Chinese billionaire and political donor has called Australia a "giant baby" after it revoked his permanent residency amid concerns over China's growing foreign influence.

Property developer Huang Xiangmo on Monday told the Chinese state-run Global Times newspaper that the incident had hugely impacted his personal life.

"Three generations of my family have lived in Australia for seven years," he told the tabloid. "Apart from me, all those in the family is Australian citizens ... Australia is their home."

Australian media reported last week that the tycoon was refused permission to stay in the country partly due to concerns over his ties to the Chinese government

Since 2012, Huang has made donations to both of Australia's main political parties. He has also been pictured with high-ranking politicians including former Prime Minister Malcolm Turnbull.

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