The Wild Wild East 19 September 2018

Property

Chinese apartment developers build big in Melbourne

Australia China Business Review, 10 Sep. 2018

Property developers backed out of China and Hong Kong are pushing on with some of Melbourne’s biggest residential projects, amid declining investor activity and high levels of supply.

https://www.acbr.com.au/chinese-apartment-developers-build-big-melbourne

 

Australian real estate ranks second only to the US for Chinese property investors

The New Daily, 11 Sep. 2019

Last year Chinese investors poured a massive $US17.4 billion ($24.5 billion) into Australian real estate, according to a new report.

https://thenewdaily.com.au/money/property/2018/09/11/foreign-investment-real-estate/

 

CHINA’S POLY GROUP TO BEGIN BUILDING A$300M SYDNEY TOWER

MINGTIANDI, 14 Sep. 2018

Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction company Watpac to begin construction of its A$300 million office tower in central Sydney, according to the Australian local media.

https://www.mingtiandi.com/real-estate/outbound-investment/china-poly-hires-contractor-to-begin-sydney-project/

 

Glorious Sun shines on $28m office sales

SMH, 15 Sep. 2018

A Hong Kong conglomerate which owns the Jeanswest brand in Australia has ramped up its local property holdings, gaining control of two suburban offices worth $28 million.

https://www.smh.com.au/business/companies/glorious-sun-shines-on-28m-office-sales-20180913-p503lb.html

  

 

Currency & Financial

The Aussie Is Increasingly Tied to China Risks, BNY Mellon Says

Bloomberg, 12 Sep. 2018

The link between Australia’s dollar and China’s stock market is now the tightest in more than a decade, illustrating the risks for the exchange rate as China decides how to respond to U.S. trade threats, according to Bank of New York Mellon Corp.

https://www.bloomberg.com/news/articles/2018-09-12/the-aussie-is-increasingly-tied-to-china-risks-bny-mellon-says

 

Proposed China tax changes alarm Australian business

AFR, 12 Sep. 2018

Shanghai | Proposed changes to China's taxation system which will make it easier to tax foreign employees' offshore income have alarmed Australian businesses operating in the world's second-largest economy. They warn the reforms will make it harder to attract talented executives to the country.

https://www.afr.com/news/world/asia/proposed-china-tax-changes-alarm-australian-business-20180912-h159t0

 

The Australian dollar's pain is very much the economy's gain

Reuters, 13 Sep. 2018

SYDNEY (Reuters) - The Australian dollar is paying for the sins of others as investors short the commodity-exposed currency to 2-1/2-year low as a hedge against risks to global trade, China and emerging markets.

https://www.reuters.com/article/us-australia-economy-dollar/the-australian-dollars-pain-is-very-much-the-economys-gain-idUSKCN1LT0P6

  

 

Agriculture

Australia’s salmon exports to China drop; Chile’s surge

Under Current News, 13 Sep. 2018

SHANGHAI, China -- The CEO of Australian salmon farmer Tassal Group blamed a drop in Australia’s fresh Atlantic salmon exports to China on the Asian country’s demand for large-sized fish, which Australia lacked in the first half of this year.

https://www.undercurrentnews.com/2018/09/13/australias-salmon-exports-to-china-drop-chiles-surge/

 

CHINA’S MOST POPULAR BY THE GLASS WINE IS FROM AUSTRALIA

The Drinks Business, 14 Sep. 2018

The most popular red wine by the glass poured on-premise at hotels and restaurants in China’s capital Beijing is produced by Australia’s De Bortoli Wines, a survey by global wine analytics experts MiBD Markets has found.

https://www.thedrinksbusiness.com/2018/09/chinas-most-popular-by-the-glass-wine-is-from-australia/

 

 

Resources

Australia's Port Hedland iron ore shipments to China rise nearly 10 percent in August

Reuters, 10 Sep. 2018

SYDNEY (Reuters) - Iron ore shipments to China from Australia’s Port Hedland terminal rose nearly 10 percent in August from a month earlier, port data released on Monday showed.

https://www.reuters.com/article/us-australia-iron/australias-port-hedland-iron-ore-shipments-to-china-rise-nearly-10-percent-in-august-idUSKCN1LQ06A

 

 

Retail & Tourism

Daniel Zhang: The Man behind Tmall Global

The Australian, 11 Sep. 2018

Alibaba CEO Daniel Zhang will succeed Jack Ma as chairman when Ma steps down next year.

https://www.theaustralian.com.au/business/opinion/the-man-behind-tmall-global/news-story/6e2b8bf7bf0b1aaf4d6f6a435ccd6fa0

 

Daigou specialist AuMake adds dairy supplements to product mix

Australia China Business Review, 14 Sep. 2018

Retail distribution group AuMake International has added dairy supplements to its portfolio of goods tailored for Chinese consumers, after taking a half stake in manufacturer Herbsmart.

https://www.acbr.com.au/daigou-specialist-aumake-adds-dairy-supplements-product-mix

 

Bvlgari to Open at Sydney in Another Australian Airport First

Jing Daily, 11 Sep. 2018

Editor’s note: Australia, in particular, the city of Sydney, has long been one of the most popular travel destinations among China’s luxury shoppers. According to Tourism Australia, there were more than 1.4 million Chinese tourist arrivals in the 12 months ending June 2018, up 12.9 percent year-on-year, accounting for nearly 16 percent of total tourist arrivals in the period. This story originally appeared on The Moodie Davitt Report, our content share partner. 

https://jingdaily.com/bvlgari-sydney-airport/

 

DHL ECOMMERCE MAKE IT EASIER TO SHIP FROM AUSTRALIA TO CHINA

Post & Parcel, 14 Sep. 2018

DHL eCommerce has partnered with AuMake, an ASX listed retailer connecting Australian suppliers directly with Chinese consumers, to enable quality deliveries direct from Australia to China, starting today. AuMake’s growing database of over 80,000 members will now be able to ship direct to China with DHL eCommerce Parcel International Direct shipping solution, a high quality and affordable tracked solution with fast transit times of 5-7 days.

https://postandparcel.info/98178/news/dhl-ecommerce-make-it-easier-to-ship-from-australia-to-china/

 

 

Education

China-Australia collaboration wins international award

Xinhua, 13 Sep. 2018

SYDNEY, Sept. 13 (Xinhua) -- The Torch Innovation Precinct at Australia's University of New South Wales (UNSW), which is based on a Chinese model, has taken out a top international education award for best Public/Private Partnership at a ceremony in London last week.

http://www.xinhuanet.com/english/2018-09/13/c_137465171.htm

 

 

China Domestic

Concerns missing Chinese actor Fan Bingbing has fallen foul of authorities

The Guardian, 12 Sep. 2018

Concerns have intensified that one of China’s most famous actors, Fan Bingbing, who has not been in public for months, may be in trouble with the authorities after she came last in a ranking of social responsibility among celebrities.

https://www.theguardian.com/world/2018/sep/12/concerns-missing-chinese-actor-fan-bingbing-has-fallen-foul-of-authorities

The Wild Wild East 12 September

Property

iProsperity check in at Pullman

The Australian, 5 Sep. 2018

Specialist adviser to high-net-worth Asians, iProsperity Group, has paid about $200 million buying Melbourne's Pullman on the Park in the ...

https://www.theaustralian.com.au/business/property/iprosperity-check-in-at-pullman/news-story/8fee9c5c5a70627ee23706f8b9ccda2f

 

Chinese buyers spent $24BILLION on Australian real estate last year – making up three quarters of all foreign property buyers

Daily Mail, 7 Sep. 2018

Chinese buyers spent $24billion on Australian real estate during the last year, making them by far the largest group of foreign purchasers.

https://www.dailymail.co.uk/news/article-6141905/Chinese-spent-24BILLION-Australian-real-estate-year-three-quarters-foreign-buyers.html

 

Australians’ home loans size grow despite falling property prices

Domain, 7 Sep. 2018

Property prices may be falling but that hasn’t stopped Australians taking out larger loans, including first-home buyers.

https://www.domain.com.au/money-markets/australians-home-loans-size-grow-despite-falling-property-prices-20180907-h15306-762460/

 

 

Currency & Financial

Australia a winner from emerging market turmoil

AFR, 4 Sep. 2018

Turmoil in emerging markets is proving to be a source of support for the Australian economy, as traders take the well-trodden path of selling the Australian currency to reflect heightened risk aversion.

https://www.afr.com/markets/australia-a-winner-from-emerging-market-turmoil-20180904-h14wyr

 

Chinese property investment drops amid taxes, tighter credit

The Australian, 6 Sep. 2018

Chinese property investment in Australia has fallen sharply after new rules to deter cross-border deals were introduced locally and offshore.

https://www.theaustralian.com.au/business/property/chinese-property-investment-drops-amid-taxes-tighter-credit/news-story/00cea891d60f9319e92e18e016ebce76

 

How China, trade and domestic worries are encouraging Aussie dollar bears

Market Watch, 6 Sep. 2018

Trade spats, worries about China’s economic growth and domestic concerns remain bearish headwinds for the Australian dollar, which has been one of the worst performing developed market currencies of 2018. And the tide is unlikely to turn soon, analysts say.

https://www.marketwatch.com/story/how-china-trade-and-domestic-worries-are-encouraging-aussie-dollar-bears-2018-09-06

 

 

Agriculture

China's 'Kardashians' market Aussie wine

The Australian, 6 Sep. 2018

Two social media stars dubbed the "Kardashians of China" are the face of a new Australian wine industry campaign aimed at young Chinese wine drinkers.

https://www.theaustralian.com.au/news/latest-news/chinas-kardashians-market-aussie-wine/news-story/216c5b3f6c39df233f66719a281acd97

 

Foreign investors are making a play for Mclaren Vales tightly held wine real estate

Adelaide Now, 7 Sep. 2018

LOCAL families and winery operators have tightened their hold on McLaren Vale’s prime vineyard and winery real estate in recent years, but savvy foreign investors are zeroing in on the region as industry confidence soars.

https://www.adelaidenow.com.au/business/sa-business-journal/foreign-investors-are-making-a-play-for-mclaren-vales-tightly-held-wine-real-estate/news-story/caa1d7dc5fc28b790bb9f44e1cba8331

 

 

Resources

Solar farms and export hub in pipeline as NT Airports undergoes $300m expansion

ABC Online, 7 Sep. 2018

Northern Territory Airports will undergo a $300 million expansion in what is set to become the Northern Australia Infrastructure Facility's (NAIF) largest investment to date.

http://www.abc.net.au/news/2018-09-06/$300-million-nt-airport-expansion-funded-under-naif-loan/10207178

 

 

Retail & Tourism

Interview: Chinese tourists among "best prepared" in world: UN tourism body director

Xinhua, 30 August 2018

MADRID, Aug. 30 (Xinhua) -- Chinese tourists are among the "best prepared" tourists in the world and have no "barriers" when it comes to traveling abroad, said a United Nations official.

http://www.xinhuanet.com/english/2018-08/30/c_137431302.htm

 

Online Festival to Drive Sales of Australian Wine in China

Power Retail, 7 Sep. 2018

A new partnership between Alibaba and Wine Australia will give local products an edge in China’s upcoming Global Wine and Spirits Festival.

https://www.powerretail.com.au/pureplay/online-festival-drive-sales-australian-wine-china/

 

Safety, seafood and drinking tap water: what attracts Chinese tourists to Sydney

SMH, 8 Sep. 2018

On a trip mixing business and pleasure, David Seeto prefers a private yacht to sail Sydney’s Harbour.

https://www.smh.com.au/national/nsw/safety-seafood-and-drinking-tap-water-what-attracts-chinese-tourists-to-sydney-20180908-p502kv.html

 

 

Education

'Give foreign students longer visas' says Universities UK

BBC, 4 Sep. 2018

The international director of Universities UK, Vivienne Stern, has called for a new visa to be created that would allow foreign students to get work experience in the UK for two years after they've graduated.

https://www.bbc.co.uk/news/av/education-45408737/give-foreign-students-longer-visas-says-universities-uk

 

Top of the class: Girls and overseas-born students are Australia's most motivated

The Australian, 10 Sep. 2018

Girls are more motivated than boys to do well at school, while students born overseasare significantly more achievement-orientated than those ...

https://www.theaustralian.com.au/national-affairs/education/top-of-the-class-girls-and-overseasborn-students-are-australias-most-motivated/news-story/04a8da31d07b8a84030334ae77aa7056

 

 

China Domestic

Jack Ma to outline succession plans as China's tech titans face new challenges

AFR, 9 Sep. 2018

Shanghai |Jack Ma is one of the few Chinese entrepreneurs well known on the global stage.

https://www.afr.com/news/world/asia/jack-ma-to-outline-succession-plans-as-chinas-tech-titans-face-new-challenges-20180909-h154sa

 

The Wild Wild East 05 September

Property

Foreigners underpin Melbourne's land boom

AFR, 28 August 2018

Immigrants are underpinning Australia's largest house and land market, with more than 65 per cent of second-quarter greenfield land sales in Melbourne to buyers born outside Australia, figures from consultancy Oliver Hume show.

https://www.afr.com/real-estate/foreigners-underpin-melbournes-land-boom-20180828-h14lqt

 

Westpac first big Australia lender to raise mortgage rates

Business Times, 29 August 2018

[SYDNEY] Westpac Banking Corp raised its key mortgage rate, the first of the nation's biggest banks to decide passing on higher funding costs is worth the risk of further reputational damage.

https://www.businesstimes.com.sg/real-estate/westpac-first-big-australia-lender-to-raise-mortgage-rates

 

Sydney, Melbourne office markets head to peak on hot offshore demand

The Australian, 31 August 2018

Two of Australias best known office blocks have been put up for sale this week, Sydneys Chifley Tower and the new development around ...

https://www.theaustralian.com.au/business/property/sydney-melbourne-office-markets-head-to-peak-on-hot-offshore-demand/news-story/7df961ab23d852c248f0bfd0df1818a8

 

 

Currency & Financial

Australian shares fall on fear U.S.-China trade fight to worsen; NZ down

Reuters, 31 August 2018

Aug 31 (Reuters) - Australian shares fell on Friday, as investors feared an escalation in U.S.-China trade frictions and sold telecom shares that advanced a day earlier on a merger deal announced by TPG and Vodafone’s Australian unit.

https://www.reuters.com/article/australia-stocks-close/australian-shares-fall-on-fear-us-china-trade-fight-to-worsen-nz-down-idUSL3N1VM2ZB

 

Northern Territory seeks to woo China on business visit

AFR, 31 August 2018

While the federal government has taken a guarded position when it comes to Chinese investment in Australia, the Northern Territory says it will welcome the nation's biggest trading partner with open arms.

https://www.afr.com/news/policy/foreign-investment/northern-territory-seeks-to-woo-china-on-business-visit-20180831-h14rvj

 

Bubs Australia Ltd (ASX:BUB) shares climb higher on China deal

The Motley Fool, 31 August 2018

After a slow start to the day, in afternoon trade the Bubs Australia Ltd (ASX: BUB) share price has pushed higher.

https://www.fool.com.au/2018/08/31/bubs-australia-ltd-asxbub-shares-climb-higher-on-china-deal/

 

Virgin investor HNA cuts debt, eyes more asset sales

AFR, 02 Sep. 2018

Even though HNA has managed to reduce one of China's biggest debt piles by selling off dozens of assets, the embattled Chinese conglomerate will probably need to get much slimmer before regaining the trust of investors.

https://www.afr.com/news/world/asia/virgin-investor-hna-cuts-debt-eyes-more-asset-sales-20180902-h14tza

 

 

Agriculture

Tariff elimination to boost Australian cherries in China, says importer

Fresh Fruit Portal, 31 August 2018

Australian cherries are set to benefit from the elimination of tariffs in the Chinese market from the start of next year, according to one importer.

https://www.freshfruitportal.com/news/2018/08/31/zero-tariff-to-boost-australian-cherries-competitiveness-in-china-says-importer/

 

Barossa Valley vineyards and wineries attract Chinese investors ...

Adelaide Now, 31 August 2018

Chinese investors have splashed out close to $37 million on Barossa ... swathes of prime real estate across the state's premier wine regions.

https://www.adelaidenow.com.au/business/sa-business-journal/chinese-investors-have-splashed-out-close-to-37-million-on-barossa-valley-real-estate/news-story/5120d89f7ba0f478e68c757e78da96aa

 

 

Resources

Coronado Coal prepares for $1b IPO

The Australian, 28 August 2018

US private equity firm Energy and Minerals Group (EMG) is planning an A$1 billion initial public offering of Australia's Coronado Coal, two people with knowledge of the plan say.

https://www.theaustralian.com.au/news/latest-news/coronado-coal-prepares-for-1b-ipo/news-story/6c2859ebb3ba0c7f11865b897245423b

 

 

Retail & Tourism

UPDATE 2-Australia's Blackmores profit jumps as China-direct strategy boosts sales

Reuters, 28 August 2018

SYDNEY, Aug 28 (Reuters) - Australian vitamin maker Blackmores Ltd said on Tuesday annual net profit jumped nearly a fifth, sending its shares up the most in 10 months, as a strategy of sidestepping Chinese shopping agents and selling direct to the mainland paid off.

https://www.reuters.com/article/blackmores-results/update-2-australias-blackmores-profit-jumps-as-china-direct-strategy-boosts-sales-idUSL3N1VI5ML

 

Steps to Register a WeChat Official Account Under an Overseas Business Entity

China Skinny, 28 August 2018

Tencent recently made a change that allows overseas business to set up their own WeChat Official Account(s) to reach mainland Chinese WeChat users. It doesn’t allow WeChat Pay or APIs yet, but it has the core WeChat features. 

http://www.chinaskinny.com/blog/register-overseas-wechat-account/

 

UPDATE 2-China sales approval delay hits Australia infant formula firm Bellamy's outlook

Reuters, 29 August 2018

SYDNEY, Aug 29 (Reuters) - Infant formula maker Bellamy’s Australia Ltd warned that a delay in securing a permit to sell directly in Chinese shops would slow revenue growth for as long as two years, denting a dramatic turnaround at the one-time market darling.

https://www.reuters.com/article/bellamys-results/update-1-bellamys-australia-swings-into-profit-warns-of-china-slowdown-idUSL3N1VJ68U

 

Tourism provides launch pad for business growth in China

SMH, 03 Sep. 2018

Creswick Woollen Mills has been a Victorian family business for more than 70 years, but these days the company is looking to China to drive its growth.

https://www.smh.com.au/business/small-business/tourism-provides-launch-pad-for-business-growth-in-china-20180830-p500mz.html

 

 

Education

Chinese students treated as cash cows at Australian universities

AFR, 29 August 2018

Australian universities have failed to properly integrate Chinese students into campus life, treating them as a commodity to raise revenue, a problem likely to hurt future international enrolments.

https://www.afr.com/news/policy/education/chinese-students-separated-from-university-life-20180828-h14mtx

 

 

China Domestic

Man Charged $5,850 for Haircut Becomes China’s Latest Meme

Sixth Tone, 31 August 2018

When 18-year-old real estate agent Wu Zhengqiang walked into a salon in Hangzhou on Tuesday, he expected to get a haircut. What he didn’t expect was a bill of nearly 40,000 yuan ($5,850), or for the experience to turn him into a top-trending meme on Chinese social media.

http://www.sixthtone.com/news/1002852/man-charged-%245%2C850-for-haircut-becomes-chinas-latest-meme

The Wild Wild East 29 August

Property

Chinese buyers high-rolling back to Australia

Asia Times, 20 August 2018

Chinese investors are returning to Australian property assets after a one-year hiatus as an investment sanctuary from rising US-China trade tensions

http://www.atimes.com/article/chinese-buyers-high-rolling-back-to-australia/

 

Property investors face double blow as prices, yields slide

AFR, 22 August 2018

With property prices in the major cities on the slide, investors may turn to a trusted measure of value to consider their investments – the rental yield.

https://www.afr.com/real-estate/sagging-rents-could-be-the-last-straw-for-property-prices-20180821-h1494t

 

Chinese developer set to proceed with townhouse plans for South Geelong super site

News.com.au, 24 August 2018

A MELBOURNE-based Chinese developer is set to go ahead with approves plans for 28 townhouses on a massive site next to South Geelong Railway Station.

https://www.news.com.au/finance/real-estate/melbourne-vic/chinese-developer-set-to-proceed-with-townhouse-plans-for-south-geelong-super-site/news-story/c1e661aab133c170293738433591a0a8

 

 

Currency & Financial

Australia can ride out a weaker currency as politics turns ugly

Financial Times, 24 August 2018

A potential challenge to the leader of the ruling party, the threat of a looming election, a political climate fuelled by anti-immigration sentiment and a weaker currency — ingredients that may have investors instinctively thinking about the UK but are instead being played out in Australia.

https://www.ft.com/content/f9da8e4c-a6d3-11e8-8ecf-a7ae1beff35b

 

New Australian PM Has History of Blocking Chinese Investment

Caixin, 24 August 2018

(Beijing) — Australia has a new prime minister, Scott Morrison, a conservative that in recent years has blocked several Chinese investments, with observers saying that Canberra is likely to continue to take a tough stance on China.

https://www.caixinglobal.com/2018-08-24/new-australian-pm-has-history-of-blocking-chinese-investment-101318546.html

 

Investors wait on Morrison for market cues

The Australian, 26 August 2018

Australians will wait to see what Scott Morrison has to say on financial policy before investing their money, with an expected flat open to share market trading this week.

https://www.theaustralian.com.au/news/latest-news/investors-wait-on-morrison-for-market-cues/news-story/53c72596b4dca23a8fd9d891dc9b41ba

 

Chinese ride-share company makes $1 billion investment

9News, 26 August 2018

China's largest ride-hailing firm Didi Chuxing is looking to expand into Australia after investing US$1 billion in its auto-services business.

https://www.9news.com.au/videos/world/cjl9xr0wv001f0is5xuoj5bp3/chinese-ride-share-company-makes-1-billion-investment

 

 

Agriculture

Chinese access drives Aussie stonefruit

Fruitnet, 22 August 2018

Australia's stonefruit exports are expected to continue on an upward curve in marketing year 2018/19 as demand for the fruit in China continues to increase.

http://www.fruitnet.com/produceplus/article/176428/chinese-access-drives-aussie-stonefruit

 

How China’s Distrust in Chinese Products Benefits Australia

Money Morning, 25 August 2018

In Australia, we’re lucky that when we go to the supermarket, butcher, fishmonger, market — the list goes on — we don’t usually have to second guess or be concerned that we’re not actually getting what we asked for.

https://www.moneymorning.com.au/20180825/how-chinas-distrust-in-chinese-products-benefits-australia.html

 

 

Resources

Western Australia junior gets 'conerstone' funding from Chinese battery manufacturer

Mining.com, 22 August 2018

Cassini Resources, which is trying to advance a nickel-copper-PGE sulphide deposits and gold in Western Australia, received a US$3.09 million placement from Chinese lithium-ion battery materials manufacturer, Guangzhou Tinci Materials Technology.

http://www.mining.com/western-australia-junior-gets-conerstone-funding-chinese-lithium-ion-battery-manufacturer/

 

 

Retail & Tourism

Tourism Australia Enters Strategic China Partnerships

Travel Trade Daily, 21 August 2018

Tourism Australia signed two strategic deals in China with Cathay Pacific Airways and Mafengwo.com, described as one of the top Chinese digital travel platforms.

https://traveltradedaily.com/asia-pacific-bit-of-news/item/5176-tourism-australia-enters-strategic-china-partnerships

 

China’s online giant Alibaba’s warning to laggard Australian retailers

News.com.au, 21 August 2018

IT IS one of the fastest growing retailers in the country, and Chinese goliath Alibaba has a dire warning for its rivals.

https://www.news.com.au/finance/business/retail/chinas-online-giant-alibabas-warning-to-laggard-australian-retailers/news-story/f2ff115e6b71e46f5ea3c020e9232966

 

A2 Milk more than doubles profit as baby formula sales skyrocket in China and Australia

Finance.nine.com.au, 22 August 2018

An explosion in Chinese and Australian demand for New Zealand-made baby formula has https://traveltradedaily.com/asia-pacific-bit-of-news/item/5176-tourism-australia-enters-strategic-china-partnerships ($177.9 million).

https://finance.nine.com.au/2018/08/22/12/50/aa2-milk-more-than-doubles-profit-as-baby-formula-sales-skyrocket-in-china-and-australia

 

 

Education

New $8m investment boosts UNSW-China innovation partnership

UNSW Sydney Newsroom, 23 August 2018

The agreement will support 10 major technological innovation projects undertaken by UNSW researchers and Chinese institutes.

https://newsroom.unsw.edu.au/news/science-tech/new-8m-investment-boosts-unsw-china-innovation-partnership

 

 

China Domestic

Burying ‘One Child’ Limits, China Pushes Women to Have More Babies

The New York Times, 11 August 2018

BEIJING — For decades, China harshly restricted the number of babies that women could have. Now it is encouraging them to have more. It is not going well.

https://www.nytimes.com/2018/08/11/world/asia/china-one-child-policy-birthrate.html

The Wild Wild East 22 August

Property

Top Chinese property website says if anyone has been driving up house prices, 'it’s your rich dad and uncle, not rich Chinese'

Interest.co.nz, 15 August 2018

Top Chinese global property portal Juwai says the foreign buyers ban legislation passed in New Zealand on Wednesday is "neither wise nor useful" and if anybody has been driving up house prices in this country "it’s your rich dad and uncle, not rich Chinese".

https://www.interest.co.nz/property/95354/top-chinese-property-website-says-if-anyone-has-been-driving-house-prices-it’s-your

 

Australian property industry turns to India to supplement falling Chinese investment

Domain, 17 August 2018

The amount of Chinese cash which once poured into Australian property has about halved, leaving developers and agents scrambling to recapture the record volumes of investment.

https://www.domain.com.au/news/australian-property-industry-turns-to-india-to-supplement-falling-chinese-investment-20180817-h144l7-758736/

 

Melbourne and Gold Coast house and land projects suffer in Ausin China collapse

AFR, 17 August 2018

House and land projects in Melbourne and south-east Queensland are allegedly some of the projects where settlements are lost, following the collapse of residential project marketer and sales agency Ausin's Chinese offices on Thursday.

https://www.afr.com/real-estate/melbourne-and-gold-coast-house-and-land-projects-suffer-in-ausin-china-collapse-20180817-h1443g

 

 

Currency & Financial

Chinese government pushes developer to sell out Sydney project

AFR, 15 August 2018

The Chinese government has tapped apartment developer HPG, a subsidiary of Chinese conglomerate Hailiang, to divest its overseas investments, as pressure to claw back capital in China mounts.

https://www.afr.com/real-estate/chinese-government-pushes-developer-to-sell-out-sydney-project-20180814-h13y6c

 

No blacklist, says foreign investment chief

The Australian, 15 August 2018

Foreign Investment Review Board chief David Irvine has delivered a strident defence of Australia’s foreign investment regime and insists there is no “blacklist” targeting certain countries amid concerns about Chinese investment.

https://www.theaustralian.com.au/national-affairs/no-blacklist-says-foreign-investment-chief/news-story/f9243ff90ae15c62d3733075bbbe4848

 

Australian Dollar Suffers Collateral Damage in Trade War

Bloomberg, 16 August 2018

Investors have brushed aside Australia’s world-beating economic growth to make its currency the whipping boy of the trade war.

https://www.bloomberg.com/news/articles/2018-08-15/aussie-becomes-no-1-collateral-damage-in-fallout-from-trade-war

 

Agriculture

Australia’s sheepmeat exports to China saw the largest ever start to the year

Foodmag, 16 August 2018

Strong demand from China, coupled with tight supplies in New Zealand, have been key contributors to the record Australian trade lamb prices in recent weeks.

https://foodmag.com.au/australias-sheepmeat-exports-to-china-saw-the-largest-ever-start-to-the-year/

 

Australia's Treasury Wine toasts record profit, China custom delays ease

Reuters, 16 August 2018

Aug 16 (Reuters) - Australia’s Treasury Wine Estates Ltd , the world’s biggest listed winemaker, posted a forecast-beating record annual profit on Thursday as customs delays in China eased, offsetting sluggish U.S. sales.

https://www.reuters.com/article/treasury-wine-results/update-2-australias-treasury-wine-toasts-record-profit-china-custom-delays-ease-idUSL4N1V65RJ

 

Australia's seafood exports to China spike under new FTA

IntraFish, 17 August 2018

Australian rock lobster and abalone are the biggest species to have benefited from the trade deal -- but more growth opportunities are on the horizon, a new report suggests.

http://www.intrafish.com/marketplace/1556399/australias-seafood-exports-to-china-spike-under-new-fta

 

 

Resources

Goldwind renewable energy giant backs Australia’s first wind power technology test lab

Evwind, 17 August 2018

China’s largest wind energy company Goldwind have partnered the University of New South Wales (UNSW) in Australia to establish the country’s first ever laboratory to test renewable wind technology.

https://www.evwind.es/2018/08/17/goldwind-renewable-energy-giant-backs-australias-first-wind-power-technology-test-lab/64248

 

 

Retail & Tourism

Healthy Nutrition Trends Shake Up Chinese Consumer Market

Financial Times, 07 August 2018

Less than a decade ago, Henan Lotus — the world’s largest producer of monosodium glutamate — bestrode the Asian food market like a colossus, racking up sales worth billions of renminbi as China became the world’s largest consumer of the flavouring.

https://www.ft.com/content/eca4a158-94a5-11e8-b67b-b8205561c3fe

 

Aussie dairy company renews distribution agreement with CSFA Shanghai

Xinhua, 14 August 2018

CANBERRA, Aug. 14 (Xinhua) -- Australia's a2 Milk Company has renewed its strategic arrangement with China State Farm Holding Shanghai (CSFA Shanghai) on Tuesday.

http://www.xinhuanet.com/english/2018-08/14/c_137389180.htm

 

Chinese tourists flood southern hemisphere to escape summer heat

Ecns.cn, 20 July 2018

(ECNS) - High summer temperatures have driven many Chinese tourists to cooler areas around the world, with routes to Australia, Africa and South America becoming increasingly popular.

http://www.ecns.cn/news/cns-wire/2018-07-20/detail-ifywhfmh2714940.shtml

 

Education

Not everyone is celebrating the success of Australia's universities

AFR, 14 August 2018

The Australian university system is highly unusual globally in two key areas: the large size of most universities, and the high proportion of international students, particularly from China, now attending them.

https://www.afr.com/opinion/columnists/not-everyone-is-celebrating-the-success-of-australias-universities-20180813-h13wr6

 

Australia’s hidden asset: Universities are the new wealth of nations

Student International, 16 August 2018

President and Vice-Chancellor of UNSW and Chair of the Group of Eight Universities, Professor Ian Jacobs, addressed the National Press Club in Canberra on Tuesday.

https://www.studyinternational.com/news/australias-hidden-asset-universities-are-the-new-wealth-of-nations/

 

 

China Domestic

How ‘Skr’ Took Over the Chinese Internet

Sixth Tone, 07 August 2018

Hit reality show “The Rap of China” is back with a new Chinese name and the same big-name judge in pop idol-turned-rapper Kris Wu — and the show has continued to attract eyeballs since another of Wu’s trademark catchphrases went viral.

http://www.sixthtone.com/news/1002728/how-skr-took-over-the-chinese-internet

 

The Wild Wild East 15 August

Property

Chinese government developer YMCI selling only one apartment a month

AFR, 08 August 2018

Yunnan Metropolitan Construction Investment Group's much anticipated 3000-apartment project Ovation Quarter in Sydney Olympic Park has flopped, with the group closing one apartment sale a month.

https://www.afr.com/real-estate/ymcis-3500unit-ovation-quarter-in-sydney-olympic-park-struggles-with-sales-20180808-h13oo2

 

Australia's Crown sues to protect casino's Sydney Harbour views

Business Times, 10 August 2018

AUSTRALIAN casino giant Crown Resorts filed a lawsuit on Friday to protect its views of Sydney Harbour from a neighbouring development backed by two of the country's richest families and a Chinese billionaire.

https://www.businesstimes.com.sg/real-estate/australias-crown-sues-to-protect-casinos-sydney-harbour-views

 

Asian buyers snap up Woolworths at sold-out commercial property auction

AFR, 12 August 2018

Asian investors have snapped up two Woolworths supermarkets in Melbourne's eastern suburbs for more than $33 million on yields well below 5 per cent.

https://www.afr.com/real-estate/commercial/investment/asian-buyers-snap-up-woolworths-at-soldout-commercial-property-auction-20180810-h13tf2

 

 

Currency & Financial

Australia Holds Key Rate as Central Bank Sounds Caution on China

Bloomberg, 07 August 2018

Australia held its interest rate at a record low as the central bank delivered a more sobering take on the global economy.

https://www.bloomberg.com/news/articles/2018-08-07/australia-holds-key-rate-as-prospect-of-hikes-remains-distant

 

Australian dollar frets on China outlook as RBA meets

The Business Times, 07 August 2018

[SYDNEY] The Australian dollar treaded water on Tuesday as the country's central bank held a policy meeting against the background of rising Sino-US trade tensions and unease over global growth.

https://www.businesstimes.com.sg/banking-finance/australian-dollar-frets-on-china-outlook-as-rba-meets

 

Virgin's HNA offloads Radisson stake

The Australian, 12 August 2018

Virgin Australia's Chinese shareholder, HNA, has sold the Radisson Hotel Group as part of ... The US Committee on Foreign Investment in the United States, the ...

https://www.theaustralian.com.au/business/property/virgins-hna-offloads-radisson-stake/news-story/0d1a7e645583c5e44eb3ff5304fedbe5

 

 

Agriculture

Cracking down on fake steak with invisible, trackable beef barcodes

AFR, 10 August 2018

You can Shazam a song: what if you could Shazam your steak? Well, before too long, it will be possible to point your smartphone at a premium cut of Australian beef, fire up an app and …voila! Up comes the meat's entire back story including where it was raised, what it ate and when and where it was processed.

https://www.afr.com/lifestyle/food-and-wine/cracking-down-on-fake-steak-with-invisible-trackable-barcodes-20180810-h13t3n

 

Australia's Capilano Honey gets US$138m bid from consortium

The Business Times, 13 August 2018

[SYDNEY] Australia's Capilano Honey Ltd said on Monday a consortium of China-focused Wattle Hill RHC Fund and Roc Partners agreed to buy the company for A$189.8 million (S$189.6 million).

https://www.businesstimes.com.sg/consumer/australias-capilano-honey-gets-us138m-bid-from-consortium

 

China’s dairy demand: Huge growth and NPD being seen across all sectors

Lester Wan, 18 July 2018

The China dairy market has been growing rapidly across categories in the past two years, with the market buoyed by changing consumer tastes and extensive new product development.

HTTPS://WWW.FOODNAVIGATOR-ASIA.COM/ARTICLE/2018/07/09/CHINA-S-DAIRY-DEMAND-HUGE-GROWTH-AND-NPD-BEING-SEEN-ACROSS-ALL-SECTORS

 

 

Resources

PetroChina, Qatar holding advanced talks on LNG supply deals: sources

Reuters, 08 August 2018

BEIJING (Reuters) - PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.

https://www.reuters.com/article/us-china-qatar-gas/petrochina-qatar-holding-advanced-talks-on-lng-supply-deals-sources-idUSKBN1KT112

 

 

Retail & Tourism

AuMake and Pure Nutrition to develop A1 & A2 milk powder formula for the daigou market

Small Caps, 07 August 2018

AuMake has signed a supply agreement with Pure Nutrition to develop an exclusive range of AuMake owned brands of A1 and A2 milk powder formula products, specifically tailored for the Chinese market.

https://smallcaps.com.au/aumake-pure-nutrition-a1-a2-milk-powder-formula-daigou-market/


Airbnb hits wall with China Great Wall promotion

Yahoo News, 09 August 2018

BEIJING (Reuters) - U.S. short-term rental service Airbnb Inc has hit a wall with its newest marketing scheme in China, after regulators objected to a promotion offering sleepovers on the Great Wall of China.

https://finance.yahoo.com/news/airbnb-hits-wall-china-great-wall-promotion-061706007--finance.html

 

Food Revolution Group looks to China’s daigou market for sales and product expansion

Small Caps, 13 August 2018

Food processing company The Food Revolution Group (ASX: FOD) will expand its existing product range and look to harness the commercial opportunity created by China’s growing consumer sales.

https://smallcaps.com.au/food-revolution-group-china-daigou-market-sales-product-expansion/

 

 

Education

AUSTRALIAN AND CHINESE UNIVERSITIES LAUNCH JOINT MASTERS DEGREE IN WINE

The Drinks Business, 10 August 2018

With China’s growing ambition to develop its domestic wine industry, the country’s leading university Shanghai Jiao Tong University, is looking to Australia, the second biggest source of its wine imports, for technical and viticultural guidance.

https://www.thedrinksbusiness.com/2018/08/australian-and-chinese-universities-launch-joint-masters-degree-in-wine/

 

 

China Domestic

It’s Complicated: Chinese Millennials and Marriage

Sixth Tone, 04 August 2018

Getting hitched isn’t what it used to be.

http://www.sixthtone.com/news/1002717/It’s%20Complicated:%20Chinese%20Millennials%20and%20Marriage/

 

The Wild Wild East 08 August

Property

Sydney housing stress highest on record, as rental pressure hits

ABC Online, 31 July 2018

Whether you have a mortgage, are renting, or are trying to get into the property market, Sydneysiders are Australia's most stressed about housing, a new report shows.

http://www.abc.net.au/news/2018-07-31/sydney-housing-pressure-hits-record-as-rents-skyrocket/10055064

 

Foreign buyers retreat from housing market

The Australian, 03 August 2018

Foreign investment into Australian residential property is dropping due to a range of factors ranging from increased foreign buyer fees and ...

https://www.theaustralian.com.au/business/wealth/foreign-buyers-retreat-from-housing-market/news-story/8d1b44c120790d6fa47f6610e866ee43

 

Meet the property high flier showing potential buyers Melbourne from a chopper

Domain, 03 August 2018

If you are ever wandering around Melbourne’s salubrious suburbs and hear a chopper buzzing overhead, look up and wave, it’s probably Jamie Mi. The high-flying, Beijing-born real estate agent takes her potential Asian buyers into the skies to absorb the views. When she’s not selling landmark property, Mi, a former journalist, can be found creating abstract art works  and snuggling up beside Bear, her trusty Staffordshire terrier.

https://www.domain.com.au/news/meet-the-property-high-flier-showing-potential-buyers-melbourne-from-a-chopper-20180803-h12r0l-756397/

 

Currency & Financial

IJF STRIKES DEAL WITH CHINESE FURNITURE GIANT

Adelaide Now, 29 July 2018

ADELAIDE-based commercial joinery company IJF Australia has attracted a multimillion dollar investment from one of China's biggest furniture ...

https://www.adelaidenow.com.au/business/sa-business-journal/ijf-australia-has-attracted-investment-from-chinas-zbom-cabinets/news-story/5225e216120b6cb3cdc6e244501416bb

 

WHY A FALLING YUAN RAISES ECONOMIC JITTERS IN AUSTRALIA

South China Morning Post, 05 August 2018

The weaker the yuan, the less Chinese have to spend – and that spells trouble everywhere from Australia’s property and tourism markets to its exports of iron ore and coal

https://www.scmp.com/week-asia/geopolitics/article/2158248/why-falling-yuan-raises-economic-jitters-australia

 

$A wins respite as China defends the yuan

ABC Online, 05 August 2018

The Australian dollar had a firmer tone on Monday as Chinese efforts to steady its yuan helped stem speculative selling, at least for now.

https://www.news.com.au/finance/business/breaking-news/a-wins-respite-as-china-defends-the-yuan/news-story/ea2d8a99d9127f0ee289224e337225e1

 

 

Agriculture

Manuka creating some China buzz

The Australian, 30 July 2018

The upcoming Manuka Honey sale by Pacific Equity Partner is looming as a critical test of overseas interest, especially from Chinese investors ...

https://www.theaustralian.com.au/business/dataroom/manuka-creating-some-china-buzz/news-story/e8cb3b616eb7f252906d58bf8b7d8612

 

Aussie beef prices rise as China loses appetite for US meat

Nikkei Asian Review, 02 August 2018

TOKYO -- Wholesale prices for Australian beef have surpassed those for U.S. imports here, a side effect of the Washington-Beijing trade war that has steered Chinese consumers toward products from Down Under. 

https://asia.nikkei.com/Economy/Trade-War/Aussie-beef-prices-rise-as-China-loses-appetite-for-US-meat

 

 

Resources

Australian trade surplus swells as China sucks up resources

Reuters, 02 August 2018

SYDNEY (Reuters) - Australia’s trade surplus blew past expectations in June as exports to China boomed to their second highest on record, a sign the commodity-leveraged country was weathering the early stages of Sino-U.S. tariff hostilities.

https://www.reuters.com/article/us-australia-economy-tradefigures/australian-trade-surplus-swells-as-china-sucks-up-resources-idUSKBN1KN0CS

 

 

Retail & Tourism
The incredible rise of Pinduoduo, China’s newest force in e-commerce

Tech Crunch, 27 July 2018

From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for the right group of customers.

https://techcrunch.com/2018/07/26/the-incredible-rise-of-pinduoduo/

 

Missed Connections: Why Chinese Tourists Feel Left Out Overseas

Sixth Tone, 30 July 2018

The Chinese National Team might not have qualified for the 2018 FIFA World Cup, but that doesn’t mean the country lacked for representation in Russia this June. According to early estimates 100,000 Chinese fans descended on the host nation to watch the world’s best soccer teams duke it out, and were the second-biggest buyers of official World Cup hospitality services — including premium stadium seating, catering, and ground transportation — after only Russian fans themselves.

http://www.sixthtone.com/news/1002702/missed-connections-why-chinese-tourists-feel-left-out-overseas

 

Westwin Publishes First Report on Chinese Cross-border Consumption -- Presenting New Global Picture of Chinese Consumers

PR Newswire, 31 July 2018

SHANGHAI, July 31, 2018 /PRNewswire/ -- Chinese consumers are displaying a growing preference for global brands: overseas spending by Chinese consumers reached almost US$200 billion (US$199.52) in 2017, according to a study published by Westwin, a leading marketing and consulting firm that focuses on cross-border business. The report, co-produced with a leading independent third-party research firm, gives a unique and interesting insight across three categories of Chinese consumer, highlighting the changing nature of the Chinese society, economy and ever-expanding cross-border trade.

https://www.prnewswire.com/news-releases/westwin-publishes-first-report-on-chinese-cross-border-consumption----presenting-new-global-picture-of-chinese-consumers-300688966.html

 

 

Education

What foreign investors are learning from China’s education sector

The Investor, 01 August 2018

Schools in China offering Western-style education are becoming a must-have for parents looking to give their children a leg-up in a global world.

https://www.theinvestor.jll/news/china/alternatives/what-foreign-investors-are-learning-from-chinas-education-sector/

 

Rethinking the place of the Chinese student at Australian universities

AFR, 05 August 2018

The growth in Chinese student enrolments in Australian institutions of higher education offers a once-in-a-lifetime opportunity to build strategic ties in the region. But recent debate suggests that political and business leaders don't necessarily appreciate the nature of the economic opportunity.

https://www.afr.com/news/policy/education/rethinking-the-place-of-the-chinese-student-at-australian-universities-20180801-h13exb

 

 

China Domestic

China Box Office: 'Hello Mr. Billionaire' Wins Second Weekend With $66 Million

Hollywood Reporter, 06 August 2018

Despite a controversy surrounding its leading lady and suggestions of a boycott, the comedy, loosely based on 'Brewster's Millions' kept up its dominance at the box office.

https://www.hollywoodreporter.com/news/china-box-office-hello-mr-billionaire-wins-second-weekend-66-million-1132280

The Wild Wild East 01 August 2018

Property

Chinese Hilton owners look to double money on Gold Coast flagship

AFR, 23 July 2018

The five-star Hilton Hotel in Surfers Paradise is for sale – with a price tag of about $80 million – after its Chinese based investors decided to sell out.

https://www.afr.com/real-estate/chinese-hilton-owners-look-to-double-money-on-gold-coast-flagship-20180723-h130ms

 

iProsperity targets Pullman on the Park hotel in Melbourne

The Australian, 25 July 2018

The Chinese-backed private equity and property firm has rapidly earned the ... Ranked among the top-10 hotel owners in Australia, iProsperity controls a ...

https://www.theaustralian.com.au/business/property/iprosperity-targets-pullman-on-the-park-hotel-in-melbourne/news-story/006ec78f53f941cb38bb770978b9e181

 

Yuan's fall could drive Chinese property investment in Australia

The Australian, 29 July 2018

The falling yuan could prompt Chinese nationals to invest more in offshore assets such as Australian real estate as a hedge against depreciation risk, according ...

https://www.theaustralian.com.au/business/property/yuans-fall-could-drive-chinese-property-investment-in-australia/news-story/6bd0a2add2419102116710d761dfd300

 

 

Currency & Financial

Big four banks up the ante to entice favoured borrowers

AFR, 24 July 2018

The big four banks are offering cash back, discounts and other lucrative incentives in a bid to boost business and shareholder returns as well as fight fierce competition from smaller lenders.

https://www.afr.com/real-estate/big-four-banks-up-the-ante-to-entice-favoured-borrowers-20180723-h131dw

 

Shanghai’s business elite experience WA opportunities

Australia China Business Review, 26 July 2018

A high-powered delegation of Shanghai’s business elite has touched down in Western Australia, to discover investment opportunities in the fields of agriculture, education, tourism and the resources sector.

https://www.acbr.com.au/shanghais-business-elite-experience-wa-opportunities

 

IJF Australia has attracted investment from China's ZBOM Cabinets

The Advertiser, 29 July 2018

ADELAIDE-based commercial joinery company IJF Australia has attracted a multimillion dollar investment from one of China's biggest furniture manufacturers on ...

https://www.adelaidenow.com.au/subscribe/news/1/index.html?sourceCode=AAWEB_WRE170_a_GGL&mode=premium&dest=https://www.adelaidenow.com.au/business/sa-business-journal/ijf-australia-has-attracted-investment-from-chinas-zbom-cabinets/news-story/5225e216120b6cb3cdc6e244501416bb&memtype=anonymous

 

 

Agriculture

Chinese demand drives Australian wine exports to record high

Xinhua, 25 July 2018

CANBERRA, July 25 (Xinhua) -- Australian wine exports have hit a new record high with China remaining the most lucrative market.

http://www.xinhuanet.com/english/2018-07/25/c_137347301.htm

 

Australia's agriculture minister hails 'good friend' China

Reuters, 26 July 2018

BUENOS AIRES (Reuters) - Australia is working to increase its meat exports to China, its agriculture minister told Reuters in an interview on Wednesday, describing the Asian giant as “a good friend” despite recent trade tensions between the two nations.

https://www.reuters.com/article/us-australia-trade/australias-agriculture-minister-hails-good-friend-china-idUSKBN1KG01Y

 

 

Resources

Iron ore set for price crash in second half, warns RBC

The Australian, 25 July 2018

If the forecast comes true, it will also impact federal and West Australian tax and ... The main risks to the bearish RBC forecasts are that the Chinese property ...

https://www.theaustralian.com.au/business/mining-energy/iron-ore-set-for-price-crash-in-second-half-warns-rbc/news-story/d017542fd22384ed58e194d2135a45ac

 

 

Retail & Tourism

Why a brand new Aussie skincare company is only making their products available to Chinese women

Daily Mail, 28 July 2018

A skincare brand that is owned by Australians and produced down under has made the strategic move to sell outside the Australian market.

http://www.dailymail.co.uk/femail/article-6001749/Why-brand-new-Aussie-skincare-company-making-products-available-Chinese-women.html

 

CHINESE INTERNATIONAL TRAVEL MONITOR 2018

Hotels.com, July 2018

The report is based on research involving Chinese international travelers, combined with proprietary data from Hotels.com and other research. 

http://www.citmhotels.com/assets/download/Hotels.com%20CITM%20Report%202018_ENG.pdf?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180724_m146381458_20180725+-+1&utm_term=Chinese+International+Travel+Monitor+2018

 

Many Chinese consumers ready to boycott US goods in trade war

Financial Times, 17 July 2018

A majority of Chinese consumers would be prepared to boycott US goods in the event of a trade war with Washington, a survey has found, .

https://www.ft.com/content/18ced918-89c7-11e8-bf9e-8771d5404543

 

 

Education

International students must be protected from exploitation

The Australian, 25 July 2018

The vexed issue of international student workplace exploitation is attracting a great deal of attention.

https://www.theaustralian.com.au/higher-education/international-students-must-be-protected-from-exploitation/news-story/2b0442a37db9ecd29f4c78424217de76

 

 

China Domestic

'2018 Sing! China' attracts more talented grassroots singers

Shine.cn, 27 July 2018

The new episode of the reality competition show “2018 Sing! China” will feature performances from more gifted grassroots singers.

The Wild Wild East 25 July

Property

Another hindrance’ for already-weak market: Westpac stops SMSF home lending

Domain, 16 July 2018

Westpac has sent another shiver through an already-anxious Australian property market by announcing it will no longer lend to self-managed super funds wanting to invest in residential property.

https://www.domain.com.au/money-markets/westpac-stops-smsf-home-lending-another-hindrance-for-alreadyweak-market-20180716-h12qmr-752549/

 

AUSTRALIA BIDS TO BE TOP DESTINATION FOR CHINESE PROPERTY INVESTORS

JLL The Investor, 17 July 2018

Australia is closing in on the United States to become the primary destination for Chinese offshore capital as domestic regulation forces Chinese investors diversify their strategies.

https://www.theinvestor.jll/news/australia/others/australia-bids-to-be-top-for-chinese-investment/

 

Developers look to non-bank lenders

SMH, 21 July 2018

More development projects and property investments are being financed by non-bank lending as banks crimp their loan books in the face of regulatory pressures.

https://www.smh.com.au/business/companies/developers-look-to-non-bank-lenders-20180719-p4zshq.html

 

 

Currency & Financial

Australia, NZ dollars dip on China slowdown worries

Reuters, 16 July 2018

SYDNEY, July 16 (Reuters) - The Australian and New Zealand dollars eased slightly on Monday on news China had posted weaker-than-expected industrial production for June, raising fears of a slowdown there.

https://www.reuters.com/article/australia-forex/australia-nz-dollars-dip-on-china-slowdown-worries-idUSL4N1UC1MK

 

Reserve Bank focuses on household debt risks

ABC Online, 17 July 2018

High levels of household debt fuelled by record low interest rates and easy access to finance are particularly prominent in Australia's real estate market, the Reserve Bank has warned.

http://www.abc.net.au/news/2018-07-17/reserve-bank-focuses-on-household-debt-risks/10003436

 

ANBANG SAID LOOKING TO SELL $10B IN OVERSEAS PROPERTIES AND MORE ASIA REAL ESTATE HEADLINES

Mingtiandi, 22 July 2018

With HNA’s clearance sale still in full force, another of China’s high profile cross-border players is getting ready for its $10 billion end of season promotion. The mainland’s biggest developer also continues to grab 

https://www.mingtiandi.com/real-estate/crelist/anbang-said-looking-to-sell-10b-in-oversea-properties/

 

 

Agriculture

Alpacas from Australia help China’s poverty alleviation

Global Times, 15 July 2018

A unique effort at poverty alleviation is underway in China's Shanxi and Gansu provinces as companies are importing alpacas from Australia to help local farmers dramatically increase their income.

http://www.globaltimes.cn/content/1110938.shtml

 

PepsiCo and Select Harvests target China with Lucky brand nut deal

Just Food, 19 July 2018

PepsiCo has signed a deal with Select Harvests to distribute the Australian firm's Lucky brand nuts, seeds and blends in China.

https://www.just-food.com/news/pepsico-and-select-harvests-target-china-with-lucky-brand-nut-deal_id139687.aspx

 

 

Resources

Coal still king as export sales soar for Yancoal

The Australian, 22 July 2018

Chinese-backed Hunter Valley coalminer Yancoal Australia says export sales of thermal coal have soared as it takes on additional production from its recently ...

https://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a_GGL&mode=premium&dest=https://www.theaustralian.com.au/business/mining-energy/coal-still-king-as-export-sales-soar-for-yancoal/news-story/def249222a769426d6fabc72d53b7b27&memtype=anonymous

 

 

Retail & Tourism

Chinese visitors boost tourism spending

Daily Mail, 18 July 2018

Cashed-up Chinese visitors to Australia have helped boost spending by international tourists by six per cent to a record $42.3 billion.

http://www.dailymail.co.uk/wires/aap/article-5966789/Chinese-visitors-boost-tourism-spending.html

 

AuMake’s Burwood Daigou Hub leads

Inside Retail, 18 July 2018

Daigou company AuMake has released its June quarterly report today showing the company’s overall sales and gross profit have continued to lift, despite a seasonal decline with less Chinese tourists visiting Australia over the winter period.

https://www.insideretail.com.au/news/aumakes-burwood-daigou-hub-leads-201807

 

Douyin to give tech giants a run for their money

Ecns.cn, 19 July 2018

Upstart short-video app Douyin is going viral.

http://www.ecns.cn/business/2018-07-19/detail-ifywhfmh2713286.shtml

 

 

Education

Aussie company and uni aiming to improve baby formula to sell more to China

Kidspot, 18 July 2018

This comes as tins of formula are still being stripped off the shelves at a rate of knots on our local shores to keep up with the increasing Chinese demand.

https://www.kidspot.com.au/news/aussie-company-and-uni-aiming-to-improve-baby-formula-to-sell-more-to-china/news-story/274b636a47146d830c5a216e633d8b98

 

 

China Domestic

Croatia in Chinese Eyes: War, Goats, and a Bikini-Clad President

Sixth Tone, 20 July 2018

Before the FIFA World Cup, most people in China only knew Croatia as the country where “Game of Thrones” is filmed. But when the Croatian team made the final, they won the hearts of many for their passion and persistence despite eventually losing to France.

http://www.sixthtone.com/news/1002651/croatia-in-chinese-eyes-war%2C-goats%2C-and-a-bikini-clad-president

The Wild Wild East 18 July

Property

Chinese Property Buys in Australia Plummet on Capital Controls

Bloomberg, 9 July 2018

Chinese investment in Australia’s commercial property has plummeted to the lowest level in six years as mainland capital controls bite.

https://www.bloomberg.com/news/articles/2018-07-09/chinese-property-buys-in-australia-plummet-on-capital-controls

 

Australian Tightening of Property Loan Standards Mostly Over

Bloomberg, 11 July 2018

A three-year project to improve Australian mortgage lending standards is almost complete, the results of a stress test are reassuring, and loan rules won’t be tightened much more, the banking regulator said Wednesday.

https://www.bloomberg.com/news/articles/2018-07-11/australia-property-loan-tightening-mostly-done-regulator-says

 

We've done nothing wrong, Country Garden Australia boss says over Maguire tape

AFR, 15 July 2018

The NSW Premier Gladys Berejiklian has added to the pressure on NSW Liberal MP DarylMaguire to resign, as the Australian head of a Chinese property developer who was named as his client   says the company has "zero tolerance" for illegal behaviour.

https://www.afr.com/real-estate/weve-done-nothing-wrong-country-garden-australia-boss-says-over-maguire-tape-20180715-h12pqo

 

 

Currency & Financial

Copper and Aussie dollar highlight China’s slowing economy

Financial Times, 09 July 2018

Copper and the Aussie dollar have been leading indicators of rising concerns about China’s slowing economy and mounting trade tension over the past month.

https://www.ft.com/content/b5111d0c-8127-11e8-bc55-50daf11b720d

 

Trump imposes further $US200 billion tariffs on China, Australian dollar falls

ABC Online, 11 July 2018

The US Trade Representative's office has released a long list of Chinese goods which will be affected.

http://www.abc.net.au/news/2018-07-11/s&p500-wall-street-5-month-high-pepsi-oil-prices/9978574

 

HSBC closes financial advice division in Australia

International Investment, 13 July 2018

HSBC is silently exiting the financial advice sector in Australia after a strategic review in a move which follows three other banks currently in the process of disposing financial planning units in the country.

http://www.internationalinvestment.net/regions/australia/hsbc-closes-financial-advice-division-in-australia/

 

 

Agriculture

A Chinese company is raising money in Australia to develop ‘vegetable meat’

Stockhead, 10 July 2018

A Chinese company is trying to rally Australian investor appetite for Mongolian sheep and “vegetable meat”.

https://stockhead.com.au/health/a-chinese-company-is-raising-money-in-australia-to-develop-vegetable-meat/

 

Australia’s barley shipments to China at 544,143t, up 12pc over May

By Liz Wells, 10 July 2018

Australia shipped 544,143 tonnes of barley to China in May, up from 484,302t in April, according to the latest export data from the Australian Bureau of Statistics (ABS), which puts May exports to all destinations at 746,186t, behind only March at 1 million tonnes in the 2017-18 shipping year.

https://www.graincentral.com/markets/export/australias-barley-shipments-to-china-at-544143t-up-12pc-over-may/

 

 

Resources

Matt Canavan says Nationals are not 'mandating' new investment in coal

The Guardian, 14 July 2018

The resources minister, Matt Canavan, says Nationals are not in the business of “mandating that coal should be definitely invested in”, but are pushing to ensure it is not left out as part of the transition to the national energy guarantee.

https://www.theguardian.com/australia-news/2018/jul/15/matt-canavan-says-nationals-are-not-mandating-new-investment-in-coal

 

 

Retail & Tourism

CHINA TO TAKE OVER AS LARGEST SOURCE OF TOURISTS

Townsville Bulletin, 09 July 2018

TRADE with China will be a focus of James Cook University’s Asian Market Forum, to be held at the university’s Douglas campus Education Central lecture theatre on Friday.

http://www.townsvillebulletin.com.au/remote/check_cookie.html?url=https%3a%2f%2fwww.townsvillebulletin.com.au%2fnews%2ftownsville%2fchina-to-take-over-as-australias-largest-source-of-tourists%2fnews-story%2f3b7591e490c4422b5d325e7a8daf5790

 

China is winning the digital race

The Australian, 10 July 2018

Since 2015, China has been leading in global e-commerce, setting the benchmark for present and future global retailing. This trend shows no signs of slowing. China is expected to be the first global market to hit 631 million online buyers by 2022.

https://www.theaustralian.com.au/business/technology/china-is-winning-the-digital-race/news-story/94a9cc0b318f985cbd09a0059e97f1bf

 

Fifa World Cup: China viewing figures skyrocket as Tencent piggybacks on TV ratings wave

South China Morning Post, 14 July 2018

Russia 2018 has captured the imagination of football fans in China in a manner that perhaps no World Cup has managed before, with Tencent cashing in

https://www.scmp.com/sport/soccer/article/2155256/fifa-world-cup-china-viewing-figures-skyrocket-tencent-piggyback-tv

 

 

Education

Foreign students barred from Australian MP internships over spying fears

The Telegraph, 12 July 2018

Australia has barred foreign university students from interning in MPs’ offices following concerns about alleged Chinese espionage and interference in domestic affairs.

https://www.telegraph.co.uk/news/2018/07/12/foreign-students-barred-australian-mp-internships-spying-fears/

 

 

China Domestic

What Chinese Soccer Fans Are Laughing About

Six Tone, 14 July 2018

Off the field, the FIFA World Cup has inspired endless memes and mirth.

http://www.sixthtone.com/news/1002615/what-chinese-soccer-fans-are-laughing-about

The Wild Wild East 11 July

Property

The high end of the market is leading Australia's property downturn

Business Insider, 2 July 2018

Australia’s median home price fell for a ninth consecutive month in June, led once again by declines in Sydney and Melbourne.

https://www.businessinsider.com.au/australia-property-house-prices-apra-funding-pressures-corelogic-june-2018-7

 

Knight Frank Prime Residential Review shows strong growth in Australia’s top end despite a softening market

Domain, 05 July 2018

The average home owner may be concerned about how the local market is faring but according to a new report, certain sections of Australian property are maintaining their momentum.

https://www.domain.com.au/news/knight-frank-prime-residential-review-shows-strong-growth-in-australias-top-end-despite-a-softening-market-20180705-h1284t-751043/

 

Australian first: NSW government to donate land in Redfern for build-to-rent program

Domain, 06 July 2018

The NSW government will donate about one hectare of prime land in the heart of Sydney to developers to create affordable build-to-rent housing, in an Australian first.

https://www.domain.com.au/news/nsw-government-to-donate-one-hectare-of-land-in-redfern-to-developers-for-first-buildtorent-program-in-australia-20180706-h12c0x-751259/

 

Housing Investment Positive Despite Faltering Sydney Market: RBA

The Urban Developer, 07 July 2018

Dwelling investment is likely to remain at a high level, but much as market commentators have forewarned, New South Wales and Victoria aren’t expected to contribute significantly to growth in the next few years.

https://theurbandeveloper.com/articles/the-housing-market-outlook-rba

 

 

Currency & Financial

Chinese Crypto Trading Platform Huobi Launches in Australia

China Money Network, 06 July 2018

An announcement by Huobi, Chinese crypto currency exchange, said it has started trading cryptocurrency in Australia from July 5. 

https://www.chinamoneynetwork.com/2018/07/06/chinese-crypto-trading-platform-huobi-launches-australia

 

Australian fund loads up on Chinese shares

Business Times, 07 July 2018

A BEAR market, the yuan's worst month since 1994, and a looming US-China trade war all suggest one thing to John Pearce. Buy Chinese equities.

https://www.businesstimes.com.sg/companies-markets/australian-fund-loads-up-on-chinese-shares

 

Millionaire migrants pouring into Australia

SMH, 07 July 2018

The number of millionaires streaming into Australia has surged to 7260 in the past year, new figures show, delivering a multibillion-dollar investment boost as Australia becomes the destination of choice for thousands of the world's wealthiest individuals.

https://www.smh.com.au/politics/federal/millionaire-migrants-pouring-into-australia-20180706-p4zpzm.html

 

 

Agriculture

China’s imported wine market is thriving: and it’s Australian wines that are driving growth

By Rachel Arthur,05 July 2018

The volume of imported still wine consumed in China continues to grow at a double-digit rate: now accounting for almost 40% of still wine sold in the country. And while the biggest volume of imported wine still comes from France, it’s Australian wines that are driving growth, says Wine Intelligence. 

HTTPS://WWW.BEVERAGEDAILY.COM/ARTICLE/2018/07/05/CHINA-S-IMPORTED-WINE-MARKET-IS-THRIVING-AND-IT-S-AUSTRALIAN-WINES-THAT-ARE-DRIVING-GROWTH

 

Australia celebrates over 50 years of wool trade to China

North Queensland Register, 05 July 2018

Today, Australia exports 271 million kilograms of the natural, renewable and biodegradable fibre to China, a sharp rise from pre-1980 when this figure stood at less than 10 million kilograms. 

https://www.northqueenslandregister.com.au/story/5507528/australia-celebrates-over-50-years-of-wool-trade-to-china/

 

Cheese tastes taken to China

Farm Weekly, 08 July 2018

LOCAL cheese manufacturers will have the chance to showcase their products directly to the rapidly expanding Chinese dairy industry thanks to a joint initiative between Monash University and Soochow University in China.

http://www.farmweekly.com.au/news/agriculture/general/news/cheese-tastes-taken-to-china/2757480.aspx

 

 

Resources

Australia's high electricity prices the 'new normal', report says

The Guardian, 01 July 2018

Grattan Institute says problem can be fixed with bipartisan energy and climate change policy that encourages new investment

https://www.theguardian.com/australia-news/2018/jul/01/australias-high-electricity-prices-the-new-normal-report-says

 

'Bulls in a paddock': China-US struggle damaging to Australia, Andrew Robb warns

The Guardian, 02 July 2018

Former trade minister urges Australia to exercise regional influence independent of the two superpowers

https://www.theguardian.com/world/2018/jul/02/bulls-in-a-paddock-china-us-struggle-damaging-to-australia-andrew-robb-warns

 

 

Retail & Tourism

The Appeal of Adventure is Growing for Chinese Tourists

Jing Travel, 03 July 2018

The outbound Chinese market is maturing and increasingly looking to adventure as the means to more deeply experience the world and its many cultural and natural wonders. A May 2018 poll from J. Walter Thompson Intelligence found that 30 percent of Chinese travelers had already taken a trip focused on thrill-seeking or adrenaline-pumping activities, while 45 percent are interested in planning one.

https://jingtravel.com/the-appeal-of-adventure-is-growing-for-chinese-tourists/

 

Penfolds launches Australian-Chinese shiraz-spirit blend

The Advertiser, 03 July 2018

THE company that put South Australia on the world map via our most famous red wine, is set to make another great leap forward with a range of very surprising beverages.

https://www.adelaidenow.com.au/thesourcesa/penfolds-launches-australianchinese-shirazspirit-blend/news-story/f8f7e617fb30a7030e45fc40abb473ee

 

Virgin Australia says it is important to respect China sensitivities

AFR, 03 July 2018

Virgin Australia chief executive John Borghetti says it is important for Australia to respect China's "sensitivities" when managing its relationship with the country's largest trading partner as he outlined plans to further expand the airline's international routes in Asia.

https://www.afr.com/business/transport/aviation/virgin-australia-says-it-is-important-to-respect-china-sensitivities-20180703-h126p6

 

China's debt-laden HNA quits $200 million Australian logistics deal

Reuters, 02 July 2018

SYDNEY (Reuters) - China’s debt-saddled HNA Group Co Ltd canceled its A$280 million ($207 million) purchase of an Australian logistics business on Monday, with the seller citing cashflow problems at the conglomerate among reasons for the deal’s collapse.

https://www.reuters.com/article/us-automotive-hldgs-divestiture-hna/chinas-debt-laden-hna-quits-200-million-australian-logistics-deal-idUSKBN1JS09X

 

China Skinny's Mark Tanner: More to China than major cities

The Australian, 06 July 2018

Australian companies selling into China should look at second and third-tier cities as the big centres like Shanghai and Beijing become ...

https://www.theaustralian.com.au/business/markets/more-to-china-than-major-cities/news-story/f7a0e0c44974bd7d28577bc27618dfd0

 

 

Education

China axes 45 Australian university partnerships as part of global cull

AFR, 06 July 2018

China is axing 45 Australian university partnerships as part of a global cull of its tertiary alliances, which it says is aimed at weeding out under-resourced programs that failed to attract enough students to make them financially viable.

https://www.afr.com/news/world/asia/china-axes-45-australian-university-partnerships-as-part-of-global-cull-20180706-h12ccw

 

 

China Domestic

‘Dying To Survive’: China’s Black Comedy & Social Drama Thrives At Local Box Office

Deadline, 07 July 2018

Dying To Survive, a Chinese black comedy with social drama overtones that we’ve been talking about for the past few weeks as a potential breakout during the July blackout on Hollywood movies, is showing serious signs of life in the Middle Kingdom. What’s more, it’s not the sort of film we’ve seen before during this period, and has spurred debate on serious issues.

https://deadline.com/2018/07/dying-to-survive-china-box-office-social-impact-1202422199/

 

The Wild Wild East 04 July

Property

Chinese developers here to stay, unperturbed by government measures to cool foreign buying

Domain, 25 June 2018

Two of the biggest Chinese developers in Australia say the government’s measures to cool foreign buying won’t hinder their plans to further invest in the country’s apartment market.

https://www.domain.com.au/news/chinese-developers-here-to-stay-unperturbed-by-government-measures-to-cool-foreign-buying-20180625-h11od0-441494/

 

Chinese property buyers facing friendlier tax regimes in 2018-19

Australia China Business Review, 29 June 2018

Chinese property investors eyeing Australian markets are unlikely to face any new foreign buyer taxes in 2018-19, following imposts being put in place or increased in top buying destinations over the past three years.

https://www.acbr.com.au/chinese-property-buyers-facing-friendlier-tax-regimes-2018-19

 

Fancy a sea change? Geelong, Byron Bay, Wollongong lead regional property boom

AFR, 29 June 2018

Nic Cuni decided to move from Melbourne to Geelong a few years ago and hasn't looked back.

https://www.afr.com/real-estate/residential/fancy-a-sea-change-geelong-byron-bay-wollongong-lead-regional-property-boom-20180606-h110qf

 

Foreign Investment in Residential Real Estate Fell 69% Last Year

The Urban Developer, 29 June 2018

The foreign acquisition of Australian assets is affected by a number regulatory, fiscal and monetary “push” and “pull” factors.

https://theurbandeveloper.com/articles/foreign-investment-in-residential-real-estate-fell-69-last-year-

 

Housing investment credit growth has hit an all-time low in Australia

Business Insider Australia, 29 June 2018

Private sector credit figures released by the RBA today provided more evidence that the effect of tighter lending standards is being felt in Australia’s housing market.

https://www.businessinsider.com.au/australian-property-investor-loan-growth-2018-6

 

Currency & Financial

Singapore investment surges as Chinese capital halves: Knight Frank

AFR, 27 June 2018

Soaring appetite from Singaporean investors and a pick-up in capital inflows from Hong Kong, South Korea and Japan more than offset the halving in real estate investment from China last year, Knight Frank figures show. 

https://www.afr.com/real-estate/singapore-real-estate-investment-surges-as-chinese-capital-halves-knight-frank-20180627-h11x4i

 

Investors line up for childcare

The Australian, 27 June 2018

Australia's childcare sector is on the precipice of an investment boom, with a record 101 freehold childcare centres transacting for $404 million

https://www.theaustralian.com.au/business/property/investors-line-up-for-childcare/news-story/cb829300d08ef820314669335d73d038

 

Australian funds to target Asia’s wealthy after new legislation

International Investment, 29 June 2018

Australian investment funds will be allowed to be marketed across Asia through a new so-called passport agreement.

http://www.internationalinvestment.net/regions/australia/australia-funds-to-target-asias-wealthy-after-new-legislation/

 

China's stock market and currency just had one of their worst months on record. Should we worry?

ABC Online, 1 July 2018

The US-China trade conflict will ratchet up another notch this week as rhetoric transitions to action and the US imposes a 25 per cent tariff on a narrow $US34 ($46) billion worth of imports.

http://www.abc.net.au/news/2018-07-01/chinese-currency-stockmarket-just-had-one-worst-months-on-record/9920626

 

Agriculture

Why Australia is not making the most of its China seafood opportunity

AFR, 27 June 2018

Australia's seafood export trade with China is being held back by bureaucratic delays and a blackmarket trade from Hong Kong and Vietnam falsely claiming to be Australian.

https://www.afr.com/news/economy/trade/why-australia-is-not-making-the-most-of-its-china-seafood-opportunity-20180626-h11wh8

 

COFCO to consolidate Australian operations

World Grain, 27 June 2018

MELBOURNE, AUSTRALIA — COFCO International, an agriculture supply chain company based in Hong Kong, said it plans to close its office in Toowoomba, Australia, and consolidate operations to its existing location in Melbourne.

http://www.world-grain.com/articles/news_home/World_Grain_News/2018/06/COFCO_to_consolidate_Australia.aspx?ID=%7BED754DB0-6211-42FA-B2A5-C4B6D001C5ED%7D

 

Chinese meat scientist visiting NSW DPI in Cowra

Cowra Guardian, 01 July 2018

Chinese scientist Dr Yimin Zhang is visiting the NSW Department of Primary Industries (DPI) Centre for Red Meat and Sheep Development near Cowra for six months.

https://www.cowraguardian.com.au/story/5454556/chinese-meat-scientist-visiting-nsw-dpi-in-cowra/

 

Resources

Natural gas pipeline to create up to 350 jobs, but raises questions about foreign investment

ABC Online, 28 June 2018

In the middle of remote Central Australia, work has quietly begun on a 450-kilometre natural gas pipeline owned in part by the Hong Kong-based company that launched a $13 billion takeover of Australia's largest gas network operator earlier this month.

http://www.abc.net.au/news/2018-06-27/natural-gas-pipeline-to-create-350-jobs-foreign-investment-worry/9873154

 

WGC: Australia, US in line to meet Chinese LNG demand

Oil & Gas Journal, 28 June 2018

Future incremental Chinese demand for LNG will be met first from Australia and next by expansions to already approved US plants, Hans Kristian Danielsen, DNV GL Oil & Gas sales director and vice-president for marketing, told Oil & Gas Journal at the World Gas Conference in Washington, DC. Chinese demand growth not met by these two supply sources would fall to greenfield developments in the US, Australia, and elsewhere, Danielsen continued.

https://www.ogj.com/articles/2018/06/wgc-australia-us-in-line-to-meet-chinese-lng-demand.html

 

Retail & Tourism

Perth's beachside skyscrapers win planning approval

Australia China Business Review, 27 June 2018

A new beachside tourism precinct in Perth is set to become reality, after Chinese developer 3 Oceans Property received planning approval for its $450 million, two-tower hotel and apartments project in newly-redeveloped Scarborough.

https://www.acbr.com.au/perths-beachside-skyscrapers-win-planning-approval

 

Seafolly aims to sell Australia's beach lifestyle to China

AFR, 28 June 2018

Private equity-backed Seafolly is looking to China for its next leg of growth, setting up shop on the country's largest cross-border e-commerce platform, Alibaba Group's Tmall Global, next month.

https://www.afr.com/business/retail/clothing-and-accessories/seafolly-aims-to-sell-australias-beach-lifestyle-to-china-20180628-h11zr5

 

Wattle Health Australia expands infant formula empire in mainland China

Small Caps, 29 June 2018

Nutritional products supplier Wattle Health Australia (ASX: WHA) has agreed on a deal with Chinese company Shandong Weihai Port International Trade Co for the supply of Wattle’s conventional cow infant formula range.

https://smallcaps.com.au/wattle-health-australia-infant-formula-mainland-china/

 

Education

Business schools grapple with number of Chinese students

The Australian, 27 June 2018

Chinese students in Australia dominate a range of popular finance and business courses offered by metropolitan univer­sities through a sheer weight of numbers. Often more than eight in 10 students in particular courses are international students, particularly students from China.

https://www.theaustralian.com.au/higher-education/business-schools-grapple-with-number-of-chinese-students/news-story/23ae79ed539bb7e364e01c99ca6d5699

 

China Domestic

Odds of Getting a Beijing License Plate Are Now 1 in 2,031

Sixth Tone, 26 June 2018

Residents of Beijing, China’s often gridlocked capital, now have record low odds of getting a license plate, at 1 in 2,031 for new applicants.

http://www.sixthtone.com/news/1002522/Odds%20of%20Getting%20a%20Beijing%20License%20Plate%20Are%20Now%201%20in%202,031/

 

Chinese star Yunxiang Gao won't flee sex assault charges, lawyer says

The Guardian, 28 June 2018

A woman who says she was sexually assaulted by a famous Chinese actor had been besotted with him on the set of a TV series being filmed in Sydney, the actor’s lawyer told court.

https://www.theguardian.com/australia-news/2018/jun/28/chinese-star-yunxiang-gao-wont-flee-sex-assault-charges-lawyer-says

The Wild Wild East 27 June 2018

Property

The second Asian wave: Macau investors land in Australia with cash to spend

AFR, 20 June 2018

If the year had been 2015, an underbidder of a prized office tower like 187 Thomas Street in Sydney's Chinatown would likely be a cashed-up Chinese or local investor.

https://www.afr.com/real-estate/the-second-asian-wave-macau-investors-land-in-australia-with-cash-to-spend-20180618-h11jks

 

Foreign buyer crackdown misses many property deals, says audit

The Australian, 20 June 2018

Analysis undertaken by the Australian National Audit Office has found the federal governments crackdown on foreign investors in residential ...

https://www.theaustralian.com.au/business/property/foreign-buyer-crackdown-misses-many-property-deals-says-audit/news-story/73325b1e1f47746b113e4c1f4aceb5d3

 

China's Aqualand takes 15pc stake in real estate agency McGrath

The Australian, 20 June 2018

The most recent deal will see Aqualand take a 15 per cent stake in listed real estate agency McGrath as well as a board seat. 

https://www.theaustralian.com.au/business/chinas-aqualand-takes-15pc-stake-in-real-estate-agency-mcgrath/news-story/6bc4826cff0e0b2feb9e2c24ec065e8f

 

Investor lending falls almost $100 billion in 12 months as property market softens

ABC Online, 22 June 2018

The steady strangulation of investors in the property market has intensified with the outstanding value of interest-only loans falling by almost $100 billion over the past year.

http://www.abc.net.au/news/2018-06-22/investor-lending-strangled-falling-16pc-over-the-year/9898244

 

Currency & Financial

Australian dollar sinks to one-year low, Wall Street dips on US-China trade war concerns

ABC Online, 19 June 2018

The Australian dollar sank to a one-year low, as US-China tensions continue to fester and base metal prices slid.

http://www.abc.net.au/news/2018-06-19/australian-dollar-1-year-low-wall-street-dips-us-china-trade-war/9884836

 

McGrath shares are soaring after property developer Aqualand takes a 15% stake

Business Insider Australia, 20 June 2018

Property development and investment group Aqualand Group has made a $10.7 million strategic investment in ASX-listed real estate agent McGrath.

https://www.businessinsider.com.au/mcgrath-aqualand-strategic-stake-2018-6

 

Fears about rollover of interest-only loans in Australia

News.com.au, 21 June 2018

FOR years a property boom in Australia has been partly fuelled by the growth of interest-only loans but this is coming to an end, sparking fears of a “nightmare scenario”.

https://www.news.com.au/finance/fears-about-rollover-of-interestonly-loans-in-australia/news-story/88416ef076eb77e3fdbd0227647697ad

 

Agriculture

Growth Farms offers investors a slice of Australian farmland

By Beef Central, 20 June 2018

Specialist agricultural asset manager Growth Farms Australia this week launched an innovative investment trust that will buy agricultural land and lease it to primary producers. Farm leasing is a well-established model in the US and other markets, and Growth Farms Australia says it also has strong potential in the local agricultural sector.

https://www.beefcentral.com/property/growth-farms-offers-investors-a-slice-of-australian-farmland/

 

Record shipment of alpaca fleece to China signals new industry for Australia

ABC Online, 24 June 2018

Record volumes of alpaca fleece are being shipped to China in what is hoped will set the industry up as a major new arm of Australian agriculture.

http://www.abc.net.au/news/2018-06-24/record-shipment-of-alpaca-fleece-to-china-signals-industry-shift/9890826

 

Australia’s wool industry to celebrate 50 year-plus China partnership

By Sheep Central, 25 June 2018

AUSTRALIA’S wool industry will this year celebrate more than 50 years of successful wool trading and industry development co-operation with China.

https://www.sheepcentral.com/australias-wool-industry-to-celebrate-50-year-plus-china-partnership/

 

Resources

Renewables to account for 90pc of Australian power by 2050: report

SMH, 19 June 2018

A new report forecasts renewable generation will account for more than 90 per cent of Australian power by 2050 as nearly all of the nation’s coal-fired power stations close in the next 30 years, and costs for new build renewables fall compared to coal.

https://www.smh.com.au/business/the-economy/renewables-to-account-for-90-per-cent-of-all-australian-power-by-2050-says-new-report-20180619-p4zmcm.html

 

Retail & Tourism

Australia eyes cosmetics boom as China eases mandatory animal testing

AFR, 22 June 2018

Australian exporters are eyeing China's $60 billion cosmetics market following a breakthrough in efforts to end mandatory animal testing on beauty products, which has prevented many companies from selling products in the world's second-largest economy.

https://www.afr.com/news/world/asia/australia-eyes-cosmetics-boom-as-china-eases-mandatory-animal-testing-20180621-h11pbt

 

Tourism changes needed to make WA China-Ready: report

Australia China Business Review, 25 June 2018

Western Australian tourism operators aren’t doing enough to attract Chinese visitors, according to a new report, which showed small changes to government policy could have a big impact in terms of attracting more tourists.

https://www.acbr.com.au/tourism-changes-needed-make-wa-china-ready-report

 

No wallet, no worries: Australian shops adopt Chinese payment apps

SBS, 24 June 2018

Vicky Yang pays for her groceries, not with cash or card, but by using an app on her mobile phone. 

https://www.sbs.com.au/news/no-wallet-no-worries-australian-shops-adopt-chinese-payment-apps

 

Education

China leads billion-dollar, education-driven Asian land grab in Brisbane

Courier Mail, 24 June 2018

CASHED-up Asian investors and “tiger mums” spent more than $1 billion in a Brisbane property binge last year. Foreign families have flocked ...

https://www.couriermail.com.au/news/queensland/china-leads-billiondollar-educationdriven-asian-land-grab-in-brisbane/news-story/8fcf11cac596b269ec829d51bebda538

 

Chinese property investment soars in Qld as record number of uni students enrol

The Australian, 25 June 2018

Chinese property investment is soaring in Queensland as a record number of students from the country enrol to study in the Sunshine State.

http://www.abc.net.au/news/2018-06-25/chinese-property-investment-soars-in-south-east-queensland/9905558

 

China Domestic

The Many Faces of China’s Soccer Fanatics

The Sixtone, 22 June 2018

SHANGHAI — China isn’t competing in the FIFA World Cup this year — not that you’d know it from the soccer mania that has taken hold of the country.

http://www.sixthtone.com/news/1002499/the-many-faces-of-chinas-soccer-fanatics

The Wild Wild East 20 June 2018

Property

CHINESE INVESTORS NOW AFTER SMALLER, HIGHER-QUALITY REAL ESTATE IN AUSTRALIA: REPORT

Commercial Real Estate, 12 June 2018

Chinese investors and developers are targeting smaller, higher-quality real estate assets in Australia in response to Beijing’s recent restrictions on capital outflows, says a report by KPMG and the University of Sydney.

https://www.commercialrealestate.com.au/news/chinese-investors-now-after-smaller-higher-quality-real-estate-in-australia-report/

 

Borrowers face three-fold increase in property deposits as lenders tighten terms

AFR, 14 June 2018

A typical deposit on a $1 million residential property has nearly tripled from about $50,000 to $150,000 as borrowers commit to tougher standards demanded by regulators, increasing pressure on the Bank of Mum and Dad or unsecured loans to make up shortfalls, lending analysis shows.

https://www.afr.com/personal-finance/borrowers-face-twofold-increase-in-property-deposits-as-lenders-tighten-terms-20180613-h11cwy

 

Westpac shakes up loan book to win back property investors

AFR, 13 June 2018

Westpac, the nation's second-largest lender, is aggressively restructuring its loan book in response to rapidly changing market and regulatory conditions, particularly for property 

Investors.

https://www.afr.com/business/banking-and-finance/westpac-shakes-up-loan-book-to-win-back-property-investors-20180612-h11b4l

 

ING stops lending to expats wanting to buy Aussie property

AFR, 15 June 2018

ING Australia, a division of the global financial giant, is slamming the door shut on expatriate Australians needing finance to buy property here, the second major international bank to cut credit to local borrowers in a week.

https://www.afr.com/brand/special_reports/private_banking/ing-stops-lending-to-expats-wanting-to-buy-aussie-property-20180614-h11eyq

 

Currency & Financial

Crackdown fails to stem tide of Chinese cash

The Australian, 09 June 2018

The amount of cash being brought in from China and declared at the nation’s airports has risen significantly in the past two years, raising questions about whether Beijing’s crackdown on capital flight has investors seeking other ways to move money.

https://www.theaustralian.com.au/national-affairs/immigration/crackdown-fails-to-stem-tide-of-chinese-cash/news-story/c60be048fa4e2d2c375038c8a8199aea

 

Costs of Australia's relationship with China are adding up

AFR, 11 June 2018

Even if it's not yet publicly spelled out, there's a growing difference of opinion between Australia's political and business leadership over China.

https://www.afr.com/opinion/columnists/costs-of-australias-relationship-with-china-are-adding-up-20180611-h1187f

 

This is why Chinese investors are feeling apprehensive about investing in Australia

Business Insider Australia, 12 June 2018

The political debate about Chinese investment, and reports of increasing Chinese influence in politics, has lifted apprehension among investors from China about Australia.

https://www.businessinsider.com.au/chinese-investors-australia-apprehensive-cautious-2018-6

 

Beijing's crackdown on overseas investment has hit Australia hard

Business Insider Australia, 12 June 2018

Chinese investment in Australia dropped 11% to $US10.3 billion ($A13.3 billion) in 2017 as China applied the brakes to foreign investing, according to analysis by KPMG and the University of Sydney.

https://www.businessinsider.com.au/chinese-investment-in-australia-11-2018-6

 

Agriculture

Emerging Chinese market expected to change Australia's northern cattle industry

ABC Online, 12 June 2018

A live cattle exporter believes the Chinese market will change the way cattle producers in northern Australia run their stations.

http://www.abc.net.au/radio/programs/nt-country-hour/china-live-ex/9860940

 

China a growth market for lobster

Queensland Country Life, 15 June 2018

After Beef Week it was a nice change to head to Western Australia in late May and talk to some lobster growers about their industry and their key market, China.

https://www.queenslandcountrylife.com.au/story/5470627/aussie-lobsters-china-bound/?cs=4699

 

GRAPES OF WRATH: DARK CLOUDS FOR AUSTRALIAN WINEMAKERS AS CHINA TIES SOUR

South China Morning Post, 16 June 2018

Set in the rolling green hills outside the Queensland capital of Brisbane, Sirromet Winery has placed big bets on China. Exports of its Australian vintage now make up 30 per cent of its total sales, double what it was five years ago. Such is its popularity that Sirromet is now visited regularly by tourists from mainland China, necessitating the need for dedicated Mandarin speaking guides.

http://www.scmp.com/week-asia/business/article/2151032/grapes-wrath-dark-clouds-australian-winemakers-china-ties-sour

 

AgriFutures Australia targets emerging industries for investment

The Advocate, 17 June 2018

Truffles, quinoa, manuka honey, hemp seed and dairy goat products are just some of the 26 industries highlighted by AgriFutures Australia as priorities, with Tasmania staking a strong claim in their production.

https://www.theadvocate.com.au/story/5470793/tasmanias-stake-in-the-countrys-emerging-agricultural-future/

 

Resources

Yancoal Australia plans US$800m listing in Hong Kong

Business Times, 15 June 2018

ASX-listed Yancoal Australia is planning a dual primary listing in Hong Kong this year which could raise about US$600m-US$800m, according to people familiar with the situation..

https://www.businesstimes.com.sg/energy-commodities/yancoal-australia-plans-us800m-listing-in-hong-kong

 

Retail & Tourism

Bubs Australia continues China push with Alibaba, Deloraine Dairy deal

AFR, 08 June 2018

Bubs Australia is hoping to gain a further foothold in the lucrative Chinese baby formula market after penning a deal with online giant Alibaba Group, as well as local manufacturer Australia Deloraine Dairy.

https://www.afr.com/business/retail/fmcg/bubs-australia-pens-deals-with-alibaba-deloraine-dairy-20180607-h114n9

 

SYDNEY’S GOLDEN AGE FOR LUXURY RETAIL DRIVEN BY TOURISM, YOUNGER CONSUMERS

Commercial Real Estate, 11 June 2018

Tiffany & Co., Bulgari, Prada, Versace, Louis Vuitton … It’s late-night shopping in Sydney’s city centre and the luxury stores are all bustling.

https://www.commercialrealestate.com.au/news/sydneys-golden-age-for-luxury-retail-driven-by-tourism-younger-consumers/

 

Education

Why Chinese women students face problems in Australia

The Australian, 12 June 2018

When Chinese students do meet Australian students, they sometimes get a chilly ... families to focus on education and career and go forth as successful women.

https://www.theaustralian.com.au/higher-education/why-chinese-women-students-face-problems-in-australia/news-story/1c3967a9815fe0c2c12ff21f1654e3af

 

What Chinese students think

The Australian, 13 June 2018

Over 100,000 Chinese are paying top dollar to study in Australian universities. Do they enjoy the experience? Is the cost worthwhile? We asked five graduates to tell

https://www.theaustralian.com.au/higher-education/what-chinese-students-really-think-of-australian-universities/news-story/d3a36519f7e3e48f11a2900ff140d335

 

 

China Domestic

Iceland goalkeeper Hannes Thór has thanked Chinese fans for their support

China News Plus, 19 June 2018

Iceland goalkeeper Hannes Thór #Halldórssonhas thanked Chinese fans for their support for Iceland football on Weibo on Sunday.

https://twitter.com/ChinaPlusNews/status/1008980774484262912

 

200 years of Chinese-Australians: First settler's descendants reconnect with their roots

ABC Online, 10 June 2018

Barry Shying and his grandson Nick have a unique surname, which many people over the years have jokingly said sounds "very Chinese".

http://www.abc.net.au/news/2018-06-10/first-chinese-settlers-descendants-reconnect-with-their-roots/9845804

The Wild Wild East 13 June 2018

Property

Sydney, Melbourne property prices to fall for another 18 months, says CBA

SMH, 23 May 2018

In the space of just 12 months, Australia’s housing market has been turned on its head.

https://www.smh.com.au/business/the-economy/sydney-melbourne-property-prices-to-fall-for-another-18-months-says-cba-20180523-p4zgxr.html

 

Falling house prices just the start of $47 billion foreign buyer bust, experts say

Domain, 1 June 2018

The foreign buyer boom in Australia may be over, but the fallout from a $47 billion drop-off in property investment is just beginning.

https://www.domain.com.au/news/falling-house-prices-just-the-start-of-47-billion-foreign-buyer-bust-experts-say-20180601-h10sm7/

 

Black Diamondz founder Monika Tu makes every second count

In The Black, 1 June 2018

From property to education to networks, nothing beats local knowledge if you’re looking to make a go of it in Australia. Black Diamondz founder Monika Tu has built a business on smoothing the way for high-net-worth Chinese investors and immigrants.

https://www.intheblack.com/articles/2018/06/01/monika-tu-black-diamondz-founder

 

Aussie property: Feng shui the key to boosting value

My Business, 05 June 2018

Demographer and social commentator, Bernard Salt, has said that while Australian homes have been influenced by English, Greek and Italian lifestyles in the past, feng shui could well be the next element to boost a property’s value.

https://www.mybusiness.com.au/finance/4434-aussie-property-feng-shui-the-key-to-boosting-value-2

 

Rich Lister Harry Triguboff warns tighter bank lending hurting property market

AFR, 5 June 2018

Australia's second richest person, Harry Triguboff, has warned bank lending is tightening in response to the royal commission, hurting the property market at a vulnerable time as he hit out at focusing on borrower expenses when determining mortgage approvals.

https://www.afr.com/real-estate/residential/rich-lister-harry-triguboff-lashes-attack-on-the-banks-that-will-affect-us-all-20180604-h10ys6

 

Currency & Financial

Investors look to RBA, GDP for hike guidance

AFR, 3 June 2018

The release of first quarter GDP data and a meeting of the Reserve Bank of Australia will be keenly watched by investors eager for clarity on the trajectory of domestic interest rates after the ongoing strength of the US economy was underlined by a robust jobs report,

https://www.afr.com/markets/equity-markets/local-investors-await-raft-of-data-rba-statement-20180601-h10vmj

 

Will Australia die by the Chinese sword?

News.com.au, 06 June 2018

LIVE by the sword, die by the sword. That’s what they say. In Australia’s case, the sword we’ve lived by has been China. The world’s biggest country has grown rich by feeding on our steel and coal, and we have grown rich alongside it.

https://www.news.com.au/finance/economy/world-economy/will-australia-die-by-the-chinese-sword/news-story/cb1a9462931889f8160966b51cafda08

 

Australia’s economy is going strong, but the fate of its currency is in question

CNBC, 7 June 2018

The Australian economy has gone without a recession for 26 straight years and is still going strong, but the same can't be said about the performance of its currency.

https://www.cnbc.com/2018/06/07/australian-dollar-is-weak-even-as-economy-outperforms.html

 

Agriculture

Foreign investment in agriculture skyrockets with China leading way

The Weekly Times, 5 June 2018

FOREIGN investment in Australian agriculture has skyrocketed to $7 billion, with China the biggest single source.

https://www.weeklytimesnow.com.au/news/national/foreign-investment-in-agriculture-skyrockets-with-china-leading-way/news-story/5ca84eff40c0aaa5d8d480b942730978

 

Australian wine firms press Prime Minister Malcolm Turnbull to visit China after diplomatic row puts a stopper on exports

South China Morning Post, 06 June 2018

Australian winemakers on Wednesday urged Prime Minister Malcolm Turnbull to visit China to resolve diplomatic tensions blamed for trade obstacles that have raised concerns about the future of the nation’s wine export market.

http://www.scmp.com/news/asia/australasia/article/2149534/australian-wine-firms-press-prime-minister-malcolm-turnbull

 

Let’s not point the finger at China, says Trade Minister Ciobo

The Australian, 07 June 2018

Trade Minister Steven Ciobo has declared Australia should not run around “pointing fingers” at individual countries, in an attempt to smooth over tensions with China.

https://www.theaustralian.com.au/national-affairs/lets-not-point-the-finger-at-china-says-trade-minister-ciobo/news-story/6f0b4c485f1731e00e78ce733896eb7c

 

Resources

Rio Tinto inks exploration agreement with China's Minmetals

Reuters, 7 June 2018

(Reuters) - Global miner Rio Tinto inked a joint venture agreement with China Minmetals Corp on Thursday, as the companies look to explore mineral deposits in China.

https://www.reuters.com/article/us-rio-tinto-plc-jointventure-minmetals/rio-tinto-inks-exploration-agreement-with-chinas-minmetals-idUSKCN1J31DJ

 

FMG acquires 19.9% of Atlas, could block takeover

Australia China Business Review, 7 June 2018

China-focused iron ore miner Fortescue Metals Group has acquired 19.9 per cent of Atlas Iron, casting doubt on whether a $280 million takeover bid for Atlas by Mineral Resources will go ahead.

https://www.acbr.com.au/fmg-acquires-199-atlas-could-block-takeover

 

Retail & Tourism

Chinese consumers show strong demand for imported products: MOC

Xinhua Net, 28 May 2018

BEIJING, May 28 (Xinhua) -- Chinese consumers want imported products, a survey showed Monday.

http://www.xinhuanet.com/english/2018-05/28/c_137212542.htm

 

Chinese Group Wants to Turn Australian Prison Into a Luxury Resort

Jing Daily, 01 June 2018

Chinese investors are looking to Australia for new tourism opportunities. However, the latest high-profile Chinese investment in Australia is unique, to say the least. The Wufu Investment Group has reportedly paid US$3 million (AU$4 million) for a former prison on French Island in the state of Victoria. The group plans on turning the compound into a resort for Chinese tourists.

https://jingdaily.com/australian-prison-resort/

 

Vicinity to sell $1b in shopping centres

AFR, 4 June 2018

Vicinity Centres, the country's second largest retail landlord, has dramatically escalated its strategy to fortify its trophy assets, with a plan to sell off $1 billion in smaller malls in the next six months.

https://www.afr.com/real-estate/vicinity-to-sell-1bn-in-shopping-centres-20180603-h10wz7

 

Education

What we know about why Chinese students come to Australia to study

The Conversation, 31 May 2018

In 2016-17 Australia’s third largest export, international education, leapt from A$23.6 billion to a record high of A$28 billion. Within the higher education sector, the highest intake of international students is of Chinese origin.

https://theconversation.com/what-we-know-about-why-chinese-students-come-to-australia-to-study-97257

 

Chinese liquor maker Moutai establishes international scholarship program at UNSW

PR Newswire, 1 June 2018

SYDNEY, June 1, 2018 /PRNewswire/ -- On May 31, the University of New South Wales (UNSW), world-renowned for its prowess in the engineering field, accepted a US$450,000 donation from Chinese liquor maker Moutai Group at a special ceremony announcing the gift. The donation will become the first scholarship program established by Moutai outside of its home market of China.

https://www.prnewswire.com/news-releases/chinese-liquor-maker-moutai-establishes-international-scholarship-program-at-unsw-300658419.html

 

 

China Domestic

Chinese students sport Nike in turnout at 'gaokao' exam

Reuters, 7 June 2018

BEIJING (Reuters) - Lu Mengqi showed up for the first day of China’s annual college entrance exam, known as the “gaokao”, in a black Nike T-shirt featuring the brand’s trademark swoosh logo. In red.

https://www.reuters.com/article/us-china-exam-apparel/chinese-students-sport-nike-in-turnout-at-gaokao-exam-idUSKCN1J30NP

 

How The ‘Gaokao’ Rewards Students for Being Rich

Sixtone, 14 May 2018

Back in March, China’s Ministry of Education eliminated a number of preferential programs that allowed students to earn bonus points on the gaokao, China’s college entrance examination. Now, students are no longer eligible for extra marks based on standout performances in athletic, artistic, or scientific competitions. Bonus points for being granted the title of “provincial-level outstanding student” have also been abolished.

http://www.sixthtone.com/news/1002260/how-the-gaokao-rewards-students-for-being-rich

 

 

 

The Wild Wild East 06 June

Property

Sydney, Melbourne property prices to fall for another 18 months, says CBA

SMH, 23 May 2018

In the space of just 12 months, Australia’s housing market has been turned on its head.

https://www.smh.com.au/business/the-economy/sydney-melbourne-property-prices-to-fall-for-another-18-months-says-cba-20180523-p4zgxr.html

 

CBA reveals latest crackdown to stop property buyers from borrowing too much

AFR, 26 May 2018

Commonwealth Bank home loan applicants will from this weekend have to reveal their total borrowings on everything from school fees to car loans and credit cards in response to regulatory …

http://www.afr.com/business/banking-and-finance/cba-reveals-latest-crackdown-to-stop-property-buyers-from-borrowing-too-much-20180524-h10iwu

 

Developer offering 'Afterpay' style financing for real estate with 'preposit' plan

AFR, 28 May 2018

People struggling to buy property are being offered a 'preposit' that enables them to rent while saving for a deposit, as finance companies apply 'Afterpay' sales methods to real estate.

https://www.afr.com/real-estate/developer-offering-afterpay-style-financing-for-real-estate-with-preposit-plan-20180527-h10m0z

 

Chinese foreign buyer boom over: UBS

AFR, 29 May 2018

The large numbers of residential foreign buyers from the boom of 2012-17 are unlikely to be repeated, a UBS report says.

https://www.afr.com/real-estate/chinese-foreign-buyer-boom-over-ubs-20180529-h10o07

 

Why it's unlikely foreign demand for Australian housing has suddenly collapsed

Business Insider, 30 May 2018

The value of approvals for foreign investment in Australia’s housing market tumbled last financial year, according to Australia’s Foreign Investment Review Board (FIRB).

https://www.businessinsider.com.au/australia-housing-market-foreign-buyer-approvals-firb-2018-5

 

 

Currency & Financial

Australia rises to 19th in IMD World Competitiveness Yearbook

AFR, 24 May 2018

Strong investment, population growth, exchange rate stability and an improving budget outlook are among drivers of a rise in Australia's global competitiveness, which continues to hampered by high energy costs, inefficient taxes and shoddy city planning.

http://www.afr.com/news/economy/australia-rises-to-19th-in-imd-world-competitiveness-yearbook-20180523-h10fwp

 

How Australian businesses can win over Chinese associates

AFR, 28 May 2018

Australia has been busy debating race, in particular the Asian races, what with Clive Hamilton writing a book about China’s influence on Australia and fake claims about spies and international espionage circling our great nation.

https://www.afr.com/brand/boss/how-australian-businesses-can-win-over-chinese-associates-20180508-h0zrvr

 

Chinese companies care about profits not politics, says Zhejiang official

AFR, 28 May 2018

At a gathering of Chinese and Australian business people in Sydney, there was a concerted effort to cast the current political tensions as a temporary blip in the relationship rather than any serious damage.

https://www.afr.com/news/policy/foreign-investment/chinese-companies-care-about-profits-not-politics-says-zhejiang-official-20180528-h10n9e

 

Australia's spat with China just a 'misunderstanding', says Chinese business delegation

ABC Online, 30 May 2018

Several diplomatic dramas over the past few weeks have sent relations with China into the deep freeze.

http://www.abc.net.au/news/2018-05-30/australia-china-spat-misunderstanding-business-delegation/9815820

 

 

Agriculture

Australian exporters still need to work harder at understanding Chinese business, expert says

ABC Online, 24 May 2018

A fiery editorial in a Chinese state-owned paper will not hurt the roughly $11.5 billion worth of Australian exports, but experts say it highlights some issues with the trade.

http://www.abc.net.au/news/rural/2018-05-25/farmers-on-china-australia-trade-tension/9794680

 

Feral donkeys eyed for dinner plates and Chinese medicine

ABC Online, 26 May 2018

At Packsaddle north of Broken Hill, Joe Baty and his family are chasing feral donkeys onmotorbikes.

http://www.abc.net.au/news/2018-05-26/feral-donkeys-in-australia-eyed-for-dinner-plates/9790856

 

1,280 breeding goats fly from Australia to China

Xinhua Net, 30 May 2018

CHANGCHUN, May 30 (Xinhua) -- A total of 1,280 Saanen breeding goats from Australia have landed in Changchun, capital of northeast China's Jilin Province, Wednesday.

http://www.xinhuanet.com/english/2018-05/30/c_137217800.htm

 

 

Resources

Lone Star bets on China in $401 million bid for Australia's Sino Gas & Energy

Reuters, 31 May 2018

(Reuters) - Australia’s Sino Gas & Energy Holdings Ltd (SEH.AX) agreed on Wednesday to a A$530 million ($401 million) takeover offer from U.S. private equity firm Lone Star, saying the risks the company faces in China justified putting the bid to a vote.

https://www.reuters.com/article/us-sino-gas-m-a-lone-star/lone-star-bets-on-china-in-401-million-bid-for-australias-sino-gas-energy-idUSKCN1IV2XZ

 

 

Retail & Tourism

WeChat Impact Report 2018 shows impressive social impact

Walk The Chat, 14 May 2018

The WeChat Impact Report 2018 is out!

https://walkthechat.com/wechat-impact-report-2018-shows-impressive-social-impact/

 

Australia's postal service opened a store whose only customers are personal shoppers for Chinese buyers

Business Insider, 23 May 2018

Australia Post opened a concept store that sells health and beauty products that customers ship to China.

http://www.businessinsider.com/australia-post-store-for-daigou-who-ship-products-to-china-2018-5

 

China Plans Tariff Cut on Wide Range of Consumer Goods

Bloomberg, 24 May 2018

China is planning to reduce import duties on consumer goods ranging from food to cosmetics, people familiar with the matter said.

https://www.bloomberg.com/news/articles/2018-05-24/china-is-said-to-plan-tariff-cut-on-wide-range-of-consumer-goods?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180529_m145591153_20180530+-+1&utm_term=China+Plans+Tariff+Cut+on+Wide+Range+of+Consumer+Goods

 

 

Education

University warns research deals with China and others are at risk

The Guardian, 29 May 2018

Changes to laws governing collaboration between Australian and overseas research organisations could damage the increasingly lucrative trade in research partnerships, the University of NSW has warned.

https://www.theguardian.com/australia-news/2018/may/30/university-warns-research-deals-with-china-and-others-are-at-risk

 

HOW NEW STUDENT ACCOMMODATION IS ACTIVATING NEGLECTED PARTS OF AUSTRALIAN CITIES

Commercial Real Estate, 30 May 2018

Australia’s $20-billion international education industry is changing the face of cities as student accommodation increasingly shifts from closed college campuses out into the mainstream community.

https://www.commercialrealestate.com.au/news/how-new-student-accommodation-is-activating-neglected-parts-of-australian-cities/

 

 

China Domestic

China Considers Ending Birth Limits as Soon as This Year

Bloomberg, 21 May 2018

China is planning to scrap all limits on the number of children a family can have, according to people familiar with the matter, in what would be a historic end to a policy that spurred countless human-rights abuses and left the world’s second-largest economy short of workers.

https://www.bloomberg.com/news/articles/2018-05-21/china-said-to-consider-ending-birth-limits-as-soon-as-this-year?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180529_m145591153_20180530+-+1&utm_term=China+Considers+Ending+Birth+Limits+as+Soon+as+This+Year

 

Fan Bingbing’s Leaked Contract Breaks the Chinese Internet

Sixth Tone, 30 May 2018

The issue of dizzyingly high celebrity pay tends to rile up the Chinese public whenever it comes to light — so when outspoken TV presenter and producer Cui Yongyuan alleged this week that A-list actress Fan Bingbing had been paid millions of dollars for just four days of acting work, a storm of mudslinging followed, with fans from both sides rushing to the defense of their idols.

http://www.sixthtone.com/news/1002383/Fan%20Bingbing’s%20Leaked%20Contract%20Breaks%20the%20Chinese%20Internet/

 

 

 

The Wild Wild East 30 May

Property

Homeloans, Bankwest tighten rates and terms for property borrowers

AFR, 17 May 2018

ASX-listed lender Homeloans and CBA-owned Bankwest are the latest lenders to tighten rates or conditions for residential property borrowers.

http://www.afr.com/business/banking-and-finance/homeloans-bankwest-tighten-rates-and-terms-for-property-borrowers-20180516-h105wy

 

Expats snap up trophy properties as dollar and prices fall

AFR, 18 May 2018

Cashed-up expatriates are making the most of the falling Australian dollar and weakening property prices to snap up trophy properties in prestige postcodes costing upwards of $5 million.

http://www.afr.com/personal-finance/expats-snap-up-trophy-properties-as-dollar-and-prices-fall-20180517-h10686

 

Demand from foreign buyers to surge in next decade, says global head of residential at Knight Frank

Domain, 18 May 2018

Australia’s housing market has seen nothing yet when it comes to demand from foreign buyers, according to a senior executive at one of the world’s largest property consultancies.

https://www.domain.com.au/news/demand-from-foreign-buyers-to-surge-in-next-decade-says-global-head-of-residential-at-knight-frank-20180516-h105w5/

 

Macau | Australian real estate sparking large interest from Macau buyers - Industry insiders

Macau Business, 18 May 2018

The possibility of better investment yield, higher-profile tenants and longer lease contracts have led to a spur in interest by Macau investors in Australian real estate industry, insiders told MNA

http://www.macaubusiness.com/macau-australian-real-estate-sparking-large-interest-from-macau-buyers-industry-insiders/

 

 

Currency & Financial

Investors slam banks' short-term profit focus

The Australian, 16 May 2018

BANKING ROYAL COMMISSION. Investors slam banks' short-term profit focus ... Mark Delaney, chief investment officer of the $130 billion ...

https://www.theaustralian.com.au/business/banking-royal-commission/investors-slam-banks-shortterm-profit-focus/news-story/fad02120b1228a13e487ea2dda071800

 

Port Adelaide teams up with Chinese tycoon to kick business goals

AFR, 18 May 2018

The Port Adelaide Football Club hopes to score goals where many other Australian companies have failed.

http://www.afr.com/news/policy/foreign-affairs/port-adelaide-teams-up-with-chinese-tycoon-to-kick-business-goals-20180517-h1068q

 

UPDATE 1-Australia's CBA exits China insurer with $503 mln stake sale to Mitsui

Reuters, 23 May 2018

May 23 (Reuters) - Commonwealth Bank of Australia (CBA) is selling its 37.5 percent stake in a Chinese life insurer to Japan’s Mitsui Sumitomo Insurance Co for 3.2 billion yuan ($502.67 million), in a bid to simplify its portfolio and focus on its core banking business.

https://www.reuters.com/article/bocommlife-stake-mitsui-sumitomo-insuran/update-1-australias-cba-exits-china-insurer-with-503-mln-stake-sale-to-mitsui-idUSL3N1ST5N8

 

 

Agriculture

Chinese wine import slowdown due to paperwork changes: McWilliam's

The Australian, 20 May 2018

Mr McWilliam said it appeared much of the slowdown in shipments of Australian winethrough key ports was being caused by Chinese customs ...

https://www.theaustralian.com.au/business/chinese-wine-import-slowdown-due-to-paperwork-changes-mcwilliams/news-story/f2d9812df91637236e6707919982d05f

 

Australia-China rift spills into customs delays for Treasury Wine exports

Reuters, 17 May 2018

SYDNEY (Reuters) - Australia’s Treasury Wine Estates Ltd, the world’s biggest listed winemaker, said it faced delays getting some products through Chinese customs, sending its shares tumbling amid fears it may be affected by a diplomatic dispute.

https://www.reuters.com/article/us-australia-china-treasury-wine/australia-china-rift-spills-into-customs-delays-for-treasury-wine-exports-idUSKCN1II08N

 

Farm ownership Australia: Major investor profiles

The Weekly Times, 22 May 2018

GET to know the major players who are muscling into Australian farmland ownership as revealed by a special Weekly Times investigation.

https://www.weeklytimesnow.com.au/news/national/farm-ownership-australia-major-investor-profiles/news-story/54911dd1181ad03f79dc145518941bef

 

 

Resources

Renewable energy investment surges as Australia on track to exceed RET

AFR, 16 May 2018

Investor appetite for renewable energy projects, such as large-scale solar and wind projects, is set to help Australia exceed its 2020 Renewable Energy Target two years ahead of schedule.

http://www.afr.com/news/politics/renewable-energy-investment-surges-as-australia-on-track-to-exceed-ret-20180514-h101vo

 

 

Retail & Tourism

Retailers still face challenges in cross-border e-commerce

Australia China Business Review, 15 May 2018

A clear majority of Australian retail players active in China view the country as a lucrative market, yet just 20 per cent of respondents to a study on cross-border shopping are happy with their online market reach, according to new research.

https://www.acbr.com.au/retailers-still-face-challenges-cross-border-e-commerce

 

Australia's trade minister says China ties a priority after recent 'differences'

Reuters, 16 May 2018

SYDNEY (Reuters) - Australia’s trade minister will use a visit to China this week to reinforce ties with his country’s largest trading partner, he said on Wednesday, following a recent souring in relations.

https://www.reuters.com/article/us-china-australia/australias-trade-minister-says-china-ties-a-priority-after-recent-differences-idUSKCN1IH0ML

 

Australian stores limit baby formula as China demand hits stocks

The Straits Times, 16 May 2018

SYDNEY (AFP) - One of Australia's biggest supermarket chains said Wednesday (May 16) some stores were moving baby formula behind counters and restricting sales as it emerged customers were clearing shelves and selling it online in China for more than double the price.

https://www.straitstimes.com/asia/australianz/australian-stores-limit-baby-formula-as-china-demand-hits-stocks

 

Competition heats up for a2 Milk Company

Australia China Business Review, 16 May 2018

Stay-at-home mother Anna Wei wanted the best milk formula to feed her firstborn, so she chose the most expensive brand her money could buy: Platinum by a2 Milk Company Ltd.

https://www.acbr.com.au/competition-heats-a2-milk-company

 

 

Education

Industry pioneer Rod Jones targets new era in education

Australia China Business Review, 21 May 2018

Instead of riding off into the sunset after building a billion-dollar juggernaut, international education pioneer Rod Jones is embracing one of his biggest professional challenges.

https://www.acbr.com.au/industry-pioneer-rod-jones-targets-new-era-education

 

 

China Domestic
Chinese airliner makes emergency landing after cockpit window falls out nearly sucking co-pilot out of cabin

CNBC, 14 May 2018

An airliner was forced to make an emergency landing in southwest China after part of the cockpit window fell out in mid-flight.

https://www.cnbc.com/2018/05/14/chinese-airliner-makes-emergency-landing-cockpit-window-falls-out.html

 

 

The Wild Wild East 23 May

Property

Property market continues to cool off as home loans tumble

ABC Online, 11 May 2018

The retreat of investors from the property market is starting to look like a rout, with a big fall in applications in March.

http://www.abc.net.au/news/2018-05-11/home-loans-march-2018/9750736

 

Scott Morrison's missed chance to relieve property pressure

AFR, 13 May 2018

Here's a challenge: try raising the deposit for a family-size apartment close to central Sydney on a middle-class wage, say $130,000.

http://www.afr.com/news/politics/morrisons-missed-chance-to-relieve-property-pressure-20180511-h0zxuu

 

RBA's Guy Debelle flags housing risk from tighter lending standards on bank probe

AFR, 15 May 2018

Reserve Bank of Australia deputy governor Guy Debelle has warned a further tightening of lending standards would primarily hit the housing market even as he downplayed the dangers of the coming wave of resets to interest-only loans.

http://www.afr.com/news/economy/rbas-guy-debelle-flags-housing-risk-from-tighter-lending-standards-on-bank-probe-20180514-h102ci

 

8pc is nothing: Australia's foreign buyer taxes are competitive - Knight Frank

AFR, 16 May 2018

Australia's relatively modest surcharges on foreign purchases of residential property will not stem demand for property by global high net worth investors at a time of growing instability and volatility, says Knight Frank's global residential head Lord Andrew Hay. 

http://www.afr.com/real-estate/8pc-is-nothing-australias-foreign-buyer-taxes-are-competitive--knight-frank-20180516-h104o2

 

With Australian property prices high, more investors are eyeing off overseas properties

News.com.au, 17 May 2018

WITH it cheaper to buy a property in the Greek Islands than a two-bedroom apartment in Sydney more Australia’s are looking to park their investment dollars overseas.

http://www.news.com.au/finance/real-estate/with-australian-property-prices-high-more-investors-are-eyeing-off-overseas-properties/news-story/31b9a065f13730fe1cb958220e3ae251

 

Currency & Financial

Chinese Money Keeps Supporting Australia Despite Investment Restrictions

Forbes, 8 May 2018

Australian authorities passed restrictions in February that limit foreign investment. They're not aimed expressly at China, but that's the country a lot of Australians are warily watching.

https://www.forbes.com/sites/ralphjennings/2018/05/08/chinese-money-keeps-supporting-australia-despite-investment-restrictions/#733ec6e52150

 

Strategists optimistic ASX can advance to multiyear highs

AFR, 13 May 2018

Several top strategists are optimistic that the ASX can extend a sharp rally that started about six weeks ago and break through a 10-year high.

http://www.afr.com/markets/equity-markets/strategists-optimistic-asx-can-advance-to-multiyear-highs-20180513-h0zzu8

 

Vital Signs: how inflation in China and the US could affect Australia

The Conversation, 10 May 2018

Business conditions in Australia have been strong enough to see a surge in company tax revenue that led Treasurer Scott Morrison to outline cuts to personal income taxes over the next seven years in Tuesday’s federal budget.

http://theconversation.com/vital-signs-how-inflation-in-china-and-the-us-could-affect-australia-96357

 

Agriculture

Why more Australian winemakers are using virtual reality to attract international tourists

ABC Online, 8 May 2018

Australian winemakers are turning to virtual and augmented reality technology in a bid to tap into international markets.

http://www.abc.net.au/news/rural/2018-05-08/virtual-reality-boosts-australian-wine-industry/9728440

 

Beef Australia 2018: Know your business before seeking capital, farmers told

The Weekly Times, 10 May 2018

FARMERS need to know their business and goals back to front before seeking outside capital investment to grow.

https://www.weeklytimesnow.com.au/agribusiness/cattle/beef-australia/beef-australia-2018-know-your-business-before-seeking-capital-farmers-told/news-story/5e89df9563a29a96552ddd8185ea7d45

 

Chinese trip an eye-opener for wool grower

The Naracoorte Herald, 10 May 2018

Kybybolite wool grower Mark Kester has returned from a fact-finding trip to China confident of the country’s continued appetite for the Australian clip and excited about “game-changing” innovations in sports wool.

https://www.naracoorteherald.com.au/story/5393488/chinese-trip-an-eye-opener-for-wool-grower/

 

Resources

China lithium top player boosts investment in emerging Australian miner

Minging.com, 7 May 2018

Sichuan Yahua Industrial Group, one of China's largest lithium hydroxide and carbonate producers, is injecting further funds into emerging Australian lithium producer Core Exploration (ASX:CXO) as Chinese companies continue to aggressively try securing supply of the key ingredient needed for making the batteries that power electric cars.

http://www.mining.com/china-lithium-top-player-boosts-investment-emerging-australian-miner/

 

Retail & Tourism

Chinese police seize fake Penfolds, Swisse, Blackmores in multi-million-dollar counterfeiting crackdown

ABC Online, 7 May 2018

Police in southern China have seized more than 30 million yuan ($6.3 million) worth of counterfeit products, including large hauls of popular Australian-branded wines, vitamins, foods, and cosmetics.

http://www.abc.net.au/news/2018-05-07/chinese-police-crack-down-on-fake-australian-products/9720578

 

Tourism Australia Targets High-Spending Consumers With New Premium Strategy

Skift.com, 8 May 2018

The Land Down Under is going upmarket.

https://skift.com/2018/05/08/tourism-australia-targets-high-spending-consumers-with-new-premium-strategy/

 

Chinese social media to play pivotal role in new Australian wine marketing push

ABC Online, 8 May 2018

Chinese consumers will be targeted through social media and bilingual digital platforms as part of an ambitious push to bolster a New South Wales wine region's global profile.

http://www.abc.net.au/news/2018-05-08/chinese-social-media-to-play-pivotal-role-in-new-wine-campaign/9735786

 

Chinese consumers don't idealize American products the way they used to — and that's bad news for Apple and Tesla

Business Insider, 10 May 2018

For decades, Chinese consumers have prized foreign brands, thinking that products made by American or European companies indicated higher quality than domestic. Increasingly, that's no longer the case.

http://www.businessinsider.com/tesla-apple-market-share-china-2018-5

 

Education

NSW Government reviews Confucius Classrooms program amid 'propaganda' concerns

ABC Online, 8 May 2018

The New South Wales Government is reviewing a controversial Chinese Government-sponsored program to teach Mandarin in schools, amid claims it could expose children to propaganda.

http://www.abc.net.au/news/2018-05-08/nsw-government-reviews-confucius-classrooms-program/9739396

 

China Domestic

China's box office, for the first time, tops North America

China Daily, 10 May 2018

For the first time ever, China's quarterly box office performance outshone its North American counterpart, topping the global film market.

http://www.chinadaily.com.cn/a/201805/10/WS5af3e6e5a3105cdcf651d255.html

 

The Popular TV Shows Taking Chinese Soft Power Abroad

Sixtone, 9 May 2018

Overseas episodes of much-loved programs are increasingly aligning with the national government’s development goals.

http://www.sixthtone.com/news/1002235/the-popular-tv-shows-taking-chinese-soft-power-abroad

The Wild Wild East 09 May 2018

Property

Sydney auction clearances cool to below 60 per cent

AFR, 29 Apr. 2018

Sydney's auction clearance rate has dipped below 60 per cent again for the second time this year, as tighter funding crimps demand and sellers continue to hold hope for higher prices.

http://www.afr.com/real-estate/sydney-auction-clearances-cool-to-below-60-per-cent-20180429-h0zecp


Home loans are going to be tougher to get

News.com.au, 3 May 2018

GETTING a home loan could be about to get a whole lot harder, thanks to the Financial Services Royal Commission. That’s not just bad news for people hoping to buy — in Australia’s home-loan-dependent economy, it could be very disruptive.

http://www.news.com.au/finance/real-estate/buying/home-loans-are-going-to-be-tougher-to-get/news-story/5651d277d701405abb175292c870c4fa

 

'Is this the Tasmania we want?': Chinese investors plan $100m east coast resort

SMH, 4 May 2018

A massive $100 million development boasting a golf course and health resort to lure cashed-up Chinese tourists to Tasmania's picturesque east coast is one step closer to being built.

https://www.smh.com.au/national/is-this-the-tasmania-we-want-chinese-investors-plan-100m-east-coast-resort-20180502-p4zcwa.html

 

New Tax On Foreign Buyers Of Australian Real Estate

Law 360, 4 May 2018

Victoria, Queensland and New South Wales have all introduced new foreign investor stamp duty surcharges for transactions involving direct and indirect acquisitions of residential property.

https://www.law360.com/realestate/articles/1038103/new-tax-on-foreign-buyers-of-australian-real-estate

 

Currency & Financial

China eases restrictions on foreign ownership of securities ventures

China Embassy, 30 Apr. 2018

China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership.

http://au.china-embassy.org/eng/sgfyrth/t1555697.htm

 

Experts say Greens tax policy would drive down international investment

AFR, 2 May 2018

Experts say Greens plans' to limit tax deductions for multinationals will make Australia less attractive for international investment, calling for wider reform and a lower corporate rate instead.

http://www.afr.com/news/experts-say-greens-tax-policy-would-drive-down-international-investment-20180502-h0zjka

 

CBA cuts Australian dollar forecasts for 2018, 2019

AFR, 3 May 2018

Commonwealth Bank has cut its Australian dollar forecast for this year and next to take into account a slowing global economy, the pricing out of an interest rate hike in Australia this year and a firming of the US dollar.

http://www.afr.com/markets/currencies/cba-cuts-australian-dollar-forecasts-for-2018-2019-20180503-h0zlig


Offshore investors shun Australian banks, Credit Suisse says

AFR, 3 May 2018

Offshore investors appear to be taking a negative view of the Australian banking sector, which is under fire from royal commission into the financial services sector.

http://www.afr.com/markets/equity-markets/offshore-investors-shun-australian-banks-credit-suisse-says-20180503-h0zl18

 

Australia's Sirtex gets $1.4 bln takeover offer from China's CDH Investments

Reuters, 4 May 2018

May 4 (Reuters) - Australia’s Sirtex Medical said on Friday China’s CDH Investments has made an offer to buy all shares of the company for A$1.87 billion ($1.41 billion), or A$33.6 per share, in cash.

https://www.reuters.com/article/sirtex-medical-ma-cdh/australias-sirtex-gets-1-4-bln-takeover-offer-from-chinas-cdh-investments-idUSL3N1SB218

 

Agriculture

Western Australia lobsters rock stars in China as FTA starts to bear fruit for fishery

ABC Online, 2 May 2018

Australia's free trade agreement (FTA) with China is starting to bear fruit for the nation's most lucrative commercial fishery.

http://www.abc.net.au/news/2018-05-02/western-rock-lobsters-from-wa-live-export-to-china/9716556

 

Avocado may top China's Aussie fruit wish-list

Adelaide Now, 1 May 2018

AUSTRALIAN fruit is finding firm markets in China, with even more potential emerging in the countrys rapidly-growing e-commerce channels directly selling online to customers, according to latest findings from agribusiness experts.

http://www.adelaidenow.com.au/business/sa-business-journal/avocado-may-top-chinas-aussie-fruit-wishlist/news-story/ca8a84428e37c0741a58ca1c9e526618

 

Massive cattle station Clifton Hills up for sale

AFR, 6 May 2018

Australia's second biggest cattle station, Clifton Hills Station in the far north-east corner of South Australia, has been listed for sale.

http://www.afr.com/real-estate/commercial/investment/massive-cattle-station-clifton-hills-up-for-sale-20180504-h0zn2t

 

Resources

'Coal is dead': Neoen eyes another $4 billion in Australian investment

SMH, 2 May 2018

Neoen, the French company behind a plan to triple its renewable energy in Australia, says coal is "technically and economically dead", as falling renewable energy costs eclipse fossil fuels.

https://www.smh.com.au/business/companies/coal-is-dead-neoen-eyes-another-4-billion-in-australian-investment-20180502-p4zcw2.html

 

Retail & Tourism

Hyatt Centric to open in Melbourne, Australia

Hotel Management, 30 Apr. 2018

Hyatt Hotels Corporation has signed a management agreement with Little Projects to open a Hyatt Centric hotel in Melbourne, Australia. 

https://www.hotelmanagement.net/operate/hyatt-hotels-signs-new-hyatt-centric-melbourne-australia

 

China warns tourists about security risks in Australia

AFR, 1 May 2018

China has highlighted security risks for its citizens visiting Australia, the United States and nine other countries in a travel warning which will worry tourism operators becoming increasingly dependent on booming Chinese visitor numbers.

http://www.afr.com/news/politics/world/china-warns-tourists-about-security-risks-in-australia-20180501-h0zi9u

 

Melbourne move looms as Hilton doubles hotels in Australia

The Australian, 1 May 2018

Hilton Hotels is accelerating its plans to grow in Australia, saying it is poised to make a major announcement in Melbourne as part of its program to double its existing operations of 23 Australian properties within five years.

https://www.theaustralian.com.au/business/property/melbourne-move-looms-as-hilton-doubles-hotels-in-australia/news-story/47ef82e0bba20da6e0a397f0870b337a

 

Baby food company Bubs Australia wins big Chinese contract

The Australian, 1 May 2018

ASX-listed baby food company Bubs Australia is stepping up its exposure to the rapidly growing Chinese mother and baby market with a deal to supply Chinas largest distributor of infantnutrition products.

https://www.theaustralian.com.au/business/companies/baby-food-company-bubs-australia-wins-big-chinese-contract/news-story/0c1430a9c068dc70bdb4bd3ea5d58eb7

 

Education

Chinese student influx driven by facts, not friction

The Australian, 1 May 2018

Chinese families planning to send a son or daughter to study in Australia have mainly dismissed concerns about student safety and political friction between the two countries.

https://www.theaustralian.com.au/higher-education/chinese-student-influx-driven-by-facts-not-friction/news-story/f82071ad474075ab479e76801857c041

 

China Domestic

80,000 durians sold in 1 minute: Jack Ma displays magic of e-commerce in Thailand

The Star, 21 Apr. 2018

BANGKOK: Thai durians sold like hot cakes in Thailand after Jack Ma showed the magic of e-commerce during his visit by selling 80,000 golden pillow durians on his online platform T-mall within one minute.

https://www.thestar.com.my/news/regional/2018/04/21/800000-durians-sold-in-1-minute-jack-ma-displays-magic-of-ecommerce-in-thailand/

The Wild Wild East 02 May 2018

Property

Allianz joins the party for $500m Scape student digs fund

AFR, 23 Apr. 2018

The property arm of global insurer and asset manager Allianz will take a half stake in a new $500 million fund being raised by Scape to back a growing portfolio of student facilities.

http://www.afr.com/real-estate/allianz-joins-the-party-for-500m-scape-student-digs-fund-20180423-h0z4h0


Lendlease taps China's grey boom in retirement village deal

AFR, 23 Apr. 2018

Australian property developer Lendlease is breaking into China's booming aged care market with a $400 million deal to build a retirement village with 900 units in Shanghai, making it one of the first foreign companies to negotiate a deal in the sector without a local partner.

http://www.afr.com/news/world/asia/leadlease-taps-chinas-grey-boom-in-retirement-village-deal-20180423-h0z45s

 

Confidence at Record Highs for Property Industry

The Urban Developer, 23 Apr. 2018

Confidence across Australia’s property industry has surged to record highs despite a Property Council of Australia and ANZ survey revealing expectations for New South Wales house prices are the worst in the survey’s history.

https://theurbandeveloper.com/articles/-confidence-at-record-highs-for-property-industry


Mandarin-speaking robot to help sell Aussie real estate to Chinese

News.com.au, 26 Apr. 2018

CHINESE buyers of Australian real estate have been offered a new way to compete for home sales. And on the surface it sounds like pure science-fiction.

http://www.news.com.au/finance/real-estate/sydney-nsw/mandarinspeaking-robot-to-help-sell-aussie-real-estate-to-chinese/news-story/0f6439f6e74d24efd09676aae4fe8453

 

Currency & Financial

Australia will be the last to raise rates, says $100b global investor

SMH, 26 Apr. 2018

Australian bonds are a buy because the Reserve Bank will keep interest rates at a record low for at least the next six to 12 months, according to Morgan Stanley Investment Management. The company is avoiding the Aussie dollar for the same reason.

https://www.smh.com.au/business/investments/australia-will-be-the-last-to-raise-rates-says-100b-global-investor-20180426-p4zboh.html

 

Debt bumps on China's Belt and Road

AFR, 27 Apr. 2018

It's the pet topic of journalists from China's state-run media machine.

http://www.afr.com/news/world/asia/debt-bumps-on-chinas-belt-and-road-20180426-h0zbgf 


CHINA’S ELDERLY CARE SECTOR BRINGS MATURING INVESTMENT OPPORTUNITIES

Mingtiandi, 28 Apr. 2018

Earlier this month, Australia’s largest provider of senior housing entered the China market for the first time, taking advantage of what many investors see as one of the biggest opportunities in the country’s fast-growing real estate market.

https://www.mingtiandi.com/sponsored/chinas-elderly-care-sector-brings-maturing-investment-opportunities/

 

 

Agriculture

Bordeaux Vineyards Are Finding Buyers From China, Australia

Bloomberg, 22 Apr. 2018

Two vineyard transactions in Bordeaux in the past month signal interest from overseas buyers in the region’s wine labels and production potential, amid a run of improved vintages since 2014.

https://www.bloomberg.com/news/articles/2018-04-22/bordeaux-vineyards-are-finding-buyers-from-china-australia

 

Mass resignations at Chinese owner of Australia's largest dairy farm cast doubt on investment

The Guardian, 25 Apr. 2018

A mass board resignation at the Chinese firm that bought Australia’s largest dairy farm has fuelled concerns it may not fulfil the promises of local investment and environmental protection that convinced the Turnbull government to sign off on the sale. 

https://www.theguardian.com/australia-news/2018/apr/25/mass-resignations-at-chinese-owner-of-australias-largest-dairy-farm-cast-doubt-on-investment

 

Directors who quit Australia's largest dairy farm business urged Chinese owner to invest in it

The Guardian, 26 Apr. 2018

The directors who quit en masse from Australia’s largest dairy farm businessspent months trying in vain to convince its Chinese owners to urgently invest millions to make the company sustainable, including pleas to drought-proof its properties and improve animal welfare.

https://www.theguardian.com/australia-news/2018/apr/26/directors-who-quit-australias-largest-dairy-farm-business-urged-chinese-owner-to-invest-in-it

 

Resources

Federal Government gives $6 million to boost domestic gas supply to Chinese-owned Westside Corporation

ABC Online, 24 Apr. 2018

Federal Resources Minister Matt Canavan announced grants to Westside Corporation and three other gas firms last month under the Government's Gas Acceleration Program (GAP), which was established to help develop and secure domestic gas supplies.

http://www.abc.net.au/news/2018-04-24/landbridge-subsidiary-wins-$6m-gas-grant-for-domestic-lng-supply/9688304

 

Retail & Tourism

Small business missing out on Asian consumer boom: Australia Post

SMH, 23 Apr. 2018

Australia's small businesses are missing out on a once-in-a-generation opportunity to tap into demand from the burgeoning number of middle-class consumers in South East Asia and China, new research suggests.

https://www.smh.com.au/business/companies/small-business-missing-out-on-asian-consumer-boom-australia-post-20180422-p4zb0n.html

 

'Little bit of noise': Blackmores unfazed by China-Australia tension

SMH, 24 Apr. 2018

Tensions between China and Australia have created a "little bit of noise" but will not affect Blackmores sales in Asia despite them being below expectations in the March quarter, says the head of the vitamins company.

https://www.smh.com.au/business/companies/little-bit-of-noise-blackmores-unfazed-by-china-australia-tension-20180424-p4zbdo.html

 

China a big opportunity for Australians: Alibaba boss

The Australian, 25 Apr. 2018

Australian companies should take advantage of moves by the Chinese government to further open up its market to imports, says the chief executive of e- commerce giant Alibaba.

https://www.theaustralian.com.au/business/china-a-big-opportunity-for-australians-alibaba-boss/news-story/e974c2d05d8e32730e018cb29a573719

 

Australia's Chinese personal shoppers about more than baby formula — it's a $1 billion industry

News.com.au, 26 Apr. 2018

Ever seen people clear entire shelves of baby formula at your local pharmacy or supermarket?

http://www.abc.net.au/news/2018-04-26/daigou-chinese-personal-shopping-$1-billion-industry/9671012

 

Aussie retailers ramping up Alipay marketing

Australia China Business Review, 26 Apr. 2018

Up to 57,000 retailers in Australia and New Zealand will be given the opportunity to target Chinese tourists with discounts and offers prior to their arrival, under a new marketing arrangement through payments providers Smartpay and Incentiapay using Alibaba Group's payments platform Alipay.

http://www.acbr.com.au/aussie-retailers-ramping-alipay-marketing

 

Education

Australian universities fear offending Chinese backers: Clive Hamilton

The Australian, 27 Apr. 2018

Prominent Australian academic Clive Hamilton has told a powerful US congressional committee in Washington that Australian universities are so financially beholden to China that they have abandoned their principles of academic freedom.

https://www.theaustralian.com.au/higher-education/australian-universities-fear-offending-chinese-backers-clive-hamilton/news-story/984a9cdadc8f9f7b1d16d47a8d1645cd

 

China Domestic

The Web Celeb Making ‘Hanfu’ at Every Size

Sixtone, 27 Apr. 2018

Plus-size designer and model uses traditional Chinese fashion to reshape modern beauty ideals.

http://www.sixthtone.com/news/1002177/the-web-celeb-making-hanfu-at-every-size