The Wild Wild East 14 November 2018

Property

Where are Chinese migrants choosing to settle in Australia? Look to the suburbs

The Conversation, 05 Nov. 2018

In the iconic book The Lucky Country, author Donald Horne described Australia as the first suburban nation. Half a century later, the moniker is perhaps truer than ever. We calculate that the five largest metro areasnow house 64% of Australia’s population. And the greatest population growth is in peri-urban fringe areas.

http://theconversation.com/where-are-chinese-migrants-choosing-to-settle-in-australia-look-to-the-suburbs-103920

 

Australian property softens as Chinese buyers retreat

Asia Times, 05 Nov. 2018

Sydney housing prices are down 7.6% off last year's peak as Chinese purchasing eases and easy money dries up, but predictions of a full-blown collapse are overblown

http://www.atimes.com/article/australia-property-softens-as-chinese-buyers-retreat/

 

Real-estate mogul Ping Wei puts Longueville on the $12.5 million map

Domain, 09 Nov. 2018

Chinese real-estate mogul Ping Wei certainly made an impression on his new Sydney hometown when Shanghai United and Zobon Real Estate (he is chairman of both) bought the InterContinental Sydney Double Bay for $140 million.

https://www.domain.com.au/news/td-nov-10-780496/

 

Plunging mortgage lending levels in Australia mean 'further weakness in house prices is likely'

Business Insider, 09 Nov. 2018

Residential property lending in Australia declined again in September, in a continuation of the recent trend.

https://www.businessinsider.com.au/australian-property-home-loan-growth-credit-restrictions-2018-11

 

 

Currency & Financial

Australia asks China to give exporters more time to comply with e-commerce rule

AFR, 06 Nov. 2018

The Australian government has called on China to give dairy and vitamin exporters time to comply with new e-commerce rules that could threaten their access to the booming market if they do not have the appropriate licensing by January.

https://www.afr.com/news/world/asia/australia-asks-china-to-give-exporters-more-time-to-comply-with-ecommerce-rule-20181106-h17kz5

 

Australia seals $15b in business deals with China as tensions ease

SMH, 06 Nov. 2018

Shanghai: Trade Minister Simon Birmingham will witness the signing of business deals totalling $15 billion involving Australian and Chinese companies at an international imports fair in Shanghai, as relations between the two countries thaw.

https://www.smh.com.au/business/companies/australia-seals-15b-in-business-deals-with-china-as-tensions-ease-20181106-p50edo.html

 

As ties thaw, Australia says it welcomes Chinese investment

ABC News, 08 Nov. 2018

The Australian government's rejection of a Chinese bid to take over an energy infrastructure company does not indicate a change in the country's openness to doing business with China, Foreign Minister Marie Payne said Thursday.

https://abcnews.go.com/International/wireStory/ministers-meeting-signals-thaw-china-australia-ties-59046028

 

Aussie exporters sign China deals but worry about US trade war

AFR, 08 Nov. 2018

Shanghai | Major Australian exporters to China have signed billions of dollars in agreements this week, reaffirming trade ties with the world's second biggest economy but say they are concerned about the negative impact a prolonged trade war between Beijing and Washington will have on their businesses.

https://www.afr.com/news/world/asia/aussie-exporters-sign-china-deals-but-worry-about-us-trade-war-20181102-h17f5a

 

  

Agriculture

CHINA'S COFCO TO BUY 1 BLN YUAN OF BEEF, MUTTON FROM JBS AUSTRALIA AND ANZCO FOODS

Reuters, 06 Nov. 2018

BEIJING, Nov 6 (Reuters) - China’s COFCO Meat, a subsidiary of the COFCO Group, has signed agreements to buy over 1 billion yuan ($145 million) of beef and mutton from JBS Australia and New Zealand’s Anzco Foods, according to a statement from the company.

https://af.reuters.com/article/commoditiesNews/idAFB9N0WK01P

 

JD Fresh purchases first cherries of the season from three countries

Fresh Plaza, 09 Nov. 2018

The first session of the China International Import Exposition took place in the Shanghai Hongqiao National Conference Center. One of the main focus points of this exposition was the import of agricultural products and agricultural technology. As one of the major avenues for domestic retail of agricultural products and an online e-commerce platform for consumers of fresh agricultural products, JD purchased the first shipment of cherries from New Zealand and Chile.

https://www.freshplaza.com/article/9040955/jd-fresh-purchases-first-cherries-of-the-season-from-three-countries/

 

 

Resources

Federal Government set to block Chinese company's takeover of Australian gas network

ABC Online, 07 Nov. 2018

A multi-billion-dollar Chinese-backed takeover of more than half of Australia's gas pipeline network looks likely to be blocked by the Morrison Government.

https://www.abc.net.au/news/2018-11-07/chinese-backed-takeover-of-australian-gas-likely-to-be-blocked/10475004

  

 

Retail & Tourism

Chinese visitors driving Australian tourism boom: report

Global Times, 06 Nov. 2018

The number of Chinese visitors to Australia has grown 13 percent in a single year, a new report from the Australian government's leading tourism economics and research body showed.

http://www.globaltimes.cn/content/1126125.shtml

 

China’s Singles’ Day: why November 11 is the world’s biggest retail event

In The Black, 09 Nov. 2018

When a small group of male university students celebrated their status as bachelors back in 1993, they could never have imagined that it would spawn Singles Day, the world’s largest retail event.

https://www.intheblack.com/articles/2018/11/09/chinas-singles-day-worlds-biggest-retail-event

 

Why Alibaba wants to conquer the Australian market

ZD Net, 11 Nov. 2018

The ecommerce giant's Australia and New Zealand managing director told ZDNet the company is looking to capitalise on Australia's appeal to Chinese consumers.

https://www.zdnet.com/article/why-alibaba-wants-to-conquer-the-australian-market/

 

Alibaba clocks up $42bn in Singles Day sales

The Australian, 12 Nov. 2018

Alibaba clocks up $42bn in Singles Day sales. A staff member in Shanghai jumps for a photo to celebrate the success of Alibaba's Singles Day ...

https://www.theaustralian.com.au/business/wall-street-journal/alibaba-clocks-up-42bn-in-singles-day-sales/news-story/04593491f2f4ee186554584c5ce6606e

 

 

Education

Value of education exports never higher, despite slowdown fears

The Australian, 06 Nov. 2018

Education exports are continuing to grow at a frantic pace, even as experts warn of the danger of a slowdown in international students from China, Australia's ...

https://www.theaustralian.com.au/higher-education/value-of-education-exports-never-higher-despite-slowdown-fears/news-story/fb0fecac29f512ba1b6812ca9c696fd1

 

 

 

China Domestic

Chinese actor Yunxiang Gao's lawyer says accuser might have made up story

The Guardian, 09 Nov. 2018

The barrister for a famous Chinese actor accused of sexually assaulting a woman has told a Sydney court she may have invented the story to avoid an argument with her husband.

https://www.theguardian.com/australia-news/2018/nov/09/chinese-actor-yunxiang-gaos-lawyer-says-woman-accuser-might-have-made-up-story

 

 

 

The Wild Wild East 07 November 2018

Property

Developers Need to Take Appropriate Measures to Prepare for Downturn: EY

The Urban Developer, 29 Oct. 2018

The Banking Royal Commission has sent tremors through Australia’s housing sector, and combined with a 67 per cent drop in offshore buyers, the nation's slowdown has several serious implications for developers, builders and financiers.

https://theurbandeveloper.com/articles/developers-should-take-appropriate-measures-to-prepare-for-downturn-ey

 

Top-end markets in Sydney, Melbourne and Brisbane outpace global average: Knight Frank

AFR, 30 Oct. 2018

The luxury property markets of three Australian cities have so far proven immune to the effects of a wider market downturn, growing more than the global average over the year, according to Knight Frank's latest Prime Global Cities Index.

https://www.afr.com/real-estate/topend-markets-in-sydney-melbourne-and-brisbane-outpace-global-average-knight-frank-20181029-h179jt

 

Crazy rich Asians + the Aussie property market.

Switzer Daily, 31 Oct. 2018

Saturday three weeks ago proved to be a warm one in Melbourne, where anyone who’s spent time in this world-class city knows that living in hope for continuous bursts of good weather is living in vain. 

http://www.switzer.com.au/the-experts/maureen-jordan-womens-expert/crazy-rich-asians-the-aussie-property-market-/

 

 

Currency & Financial

TD SECURITIES: China's central bank is 'hamstrung' and the Chinese yuan will continue to fall

Business Insider Australia, 29 Oct. 2018

Further weakness in China’s currency, the yuan (CNY), rattled global markets on Friday.

https://www.businessinsider.com.au/china-currency-yuan-falling-2018-10

 

Australia trade minister to visit China in sign of thaw

Reuters, 03 Nov. 2018

MELBOURNE (Reuters) - Australia’s trade minister will travel to China on Sunday, in a sign that political tensions between the two countries may be easing.

https://www.reuters.com/article/us-australia-china-trade/australia-trade-minister-to-visit-china-in-sign-of-thaw-idUSKCN1N802B

 

Xi Jinping pledges to remove trade barriers, says China can weather tariff war

AFR, 05 Nov. 2018

Shanghai | President Xi Jinping has promised to further open up China to foreign investment and further cut import tariffs and emphasised the world's second-largest economy's ability to weather a prolonged trade war with the United States.

https://www.afr.com/news/world/asia/xi-jinping-pledges-to-remove-trade-barriers-says-china-can-weather-tariff-war-20181105-h17ix0

 

  

Agriculture

China Invests: Buyers moving into Australia's wine industry

ABC Online, 28 Oct. 2018

China is the top destination for our home-grown wines, but across Australia’s wine producing regions, Chinese investors are buying up vineyards and wineries too.

https://www.abc.net.au/news/2018-10-28/china-invests:-buyers-moving-into-australias-wine/10439294?section=business

 

AUSSIE LOBSTER CROP MEETS CHINESE DEMAND

World Fishing, 29 Oct. 2018

Southern Rock Lobster fisherman in Australia’s southern zone season have reported good conditions and strong catches in the first two weeks of the season with favourable prices driven by high demand from China.

https://www.worldfishing.net/news101/industry-news/aussie-lobster-crop-meets-chinese-demand

 

 

 

Resources

Huge Australian mining opportunities from China's One Belt One Road

International Mining, 29 Oct. 2018

Huge Australian mining opportunities from China's One Belt One Road ... over the next decade, with flow-on benefits for coking coal and iron ore production.

https://im-mining.com/2018/10/30/australian-mining-will-benefit-chinas-one-belt-one-road/

 

 

Retail & Tourism

New rules clamp down on private agents sneaking overseas purchases into China without paying taxes

Global Times, 18 Oct. 2018

Miaomiao (pseudonym) was working part time in a hotel in Australia's Brisbane before she became a private shopping agent (known as daigou in China) to make some extra money while taking care of her baby.

http://www.globaltimes.cn/content/1123528.shtml

 

Baby formula frenzy: Coles, Woolworths under pressure to do more about overseas buyers

9news.com.au, 25 October 2018

Australian parents say they’re being pushed to breaking point because they can’t find baby formula for their children.

https://www.9news.com.au/national/2018/10/25/18/00/baby-formula-shopping-sent-overseas-empty-shelves-parents-worry

 

Opportunities for companies transporting goods to China from Australia are enormous: Wiseway Group chairman

Xinhua, 31 Oct. 2018

SYDNEY, Oct. 31 (Xinhua) -- With demand for fresh Aussie produce like dairy, meat, seafood and vegetables soaring in China, former Australian Ambassador to China Geoff Raby told Fairfax Media on Wednesday that there are huge opportunities for businesses who can transport goods quickly and efficiently.

http://www.xinhuanet.com/english/2018-10/31/c_137571167.htm

 

$9bn Star Entertainment tourism plan wins approval 

The Australian, 02 Nov. 2018

The Star Entertainment Group and its Chinese joint-venture partners are on track to own about 9 billion worth of assets across southeast ...

https://www.theaustralian.com.au/business/property/9bn-star-tourism-plan-wins-approval/news-story/2c8f9a1893d9f585202d7e7d90b78507

 

Falling property prices could ruin Christmas for retailers

AFR, 02 Nov. 2018

The fall in the property market risks affecting consumer demand on the eve of Christmas sales, traditionally the peak sales period for retailers, according to analysis by investment bank Morgan Stanley.

https://www.afr.com/business/banking-and-finance/falling-property-prices-could-ruin-christmas-for-retailers-20181102-h17f4q

 

Education

‘Best in the world’: Dairy Australia programme extols virtue of produce to Chinese

By Pearly Neo, 31 Oct. 2018

The Dairy Australia Greater China Scholarship Programme welcomed professionals from China’s dairy industry to Australia this year to learn more about the ‘world’s best’ dairy industry.

HTTPS://WWW.FOODNAVIGATOR-ASIA.COM/ARTICLE/2018/10/31/BEST-IN-THE-WORLD-DAIRY-AUSTRALIA-PROGRAMME-EXTOLS-VIRTUE-OF-PRODUCE-TO-CHINESE 

 

 

China Domestic

Renowned Chinese martial arts novelist Jin Yong dies at 94

Xinhua, 31 Oct. 2018

HONG KONG, Oct. 30 (Xinhua) -- Famous Chinese martial arts novelist Louis Cha Leung-yung, more widely known by his pen name Jin Yong, died at 94 at a hospital in Hong Kong on Tuesday.

http://www.xinhuanet.com/english/2018-10/31/c_137569926.htm

 

Agony and Ecstasy: China Wins First ‘League of Legends’ Title

The Sixth Tone, 05 Nov. 2018

As the Chinese team dealt the death blow to their opponents’ base in the final of Sunday’s “League of Legends” World Championship, the Mandarin-speaking commentator lost what little was left of his cool-headed veneer.

http://www.sixthtone.com/news/1003157/agony-and-ecstasy-china-wins-first-league-of-legends-title

The Wild Wild East 31 October 2018

Property

Poly on a growth trajectory in Australia says local boss Steve Wang

AFR, 24 Oct. 2018

Chinese real estate conglomerates Dalian Wanda, HNA, Anbang and Fosun may have withdrawn billions of dollars from offshore investments globally, but giant Chinese developer Poly is bucking the trend in Australia with plans to grow its pipeline of East Coast residential and office projects regardless of the softer market.

https://www.afr.com/real-estate/residential/poly-on-a-growth-trajectory-in-australia-says-local-boss-steve-wang-20181021-h16xkz

 

Tighter lending conditions: Explaining the turn of Australia’s housing markets

Domain, 25 Oct. 2018

The latest numbers are in – not only is the housing market downturn across Australia well underway, but the rate of decline is accelerating.

https://www.domain.com.au/news/tighter-lending-conditions-explaining-the-turn-of-australias-housing-markets-776899/

 

Ausin collapse saw Chinese investors lose millions in Australian property deals

AFR, 28 Oct 2018

Shanghai | John Wang had so much faith in property sales agency Ausin Group that he handed over $765,000 to buy his third Australian apartment without asking for a receipt.

https://www.afr.com/real-estate/ausin-collapse-saw-chinese-investors-lose-millions-in-australian-property-deals-20181024-h171qi

 

China cracks down on foreign currency transfers for property deals

AFR, 29 Oct. 2018

Shanghai |China is cracking down on its citizens skirting around the country's tight capital controls to get money out of the country to buy residential property overseas in a move that analysts say will further slow demand in the Australia market.

https://www.afr.com/real-estate/residential/china-cracks-down-on-foreign-currency-transfers-for-property-deals-20181029-h1781z

  

 

Currency & Financial

Asia Pacific shares plunge into bear territory amid fears over global economy

The Guardian, 25 Oct. 2018

Markets fall from Sydney to Shanghai as analyst warns that broad selloff could turn into a ‘capitulation’

https://www.theguardian.com/business/2018/oct/25/asia-pacific-australia-us-stocks-freefall-fears-ftse-markets-global-economy-intensifies

 

One Belt, One Road: Victoria signs MOU to join China's controversial global trade initiative

ABC Online, 26 Oct. 2018

Victoria has formally pledged to sign up to China's controversial One Belt, One Road initiative in a deal the state hopes will generate more trade and jobs.

https://www.abc.net.au/news/2018-10-26/victoria-and-china-belt-and-road-signing-mou/10435148

 

Executives hit the road to unlock China trade opportunities

The Australian, 27 Oct. 2018

A delegation of 25 Australian resources and energy executives arrived in Beijing ... Executives hit the road to unlock China trade opportunities.

https://www.theaustralian.com.au/business/markets/executives-hit-the-road-to-unlock-china-trade-opportunities/news-story/3a6556b502083fc1bea5cc422b3c4c73

 

 

Agriculture

Grape expectations: The Chinese investors buying into Barossa Valley wineries

ABC Online, 27 Oct. 2018

Chinese nationals are buying Australian vineyards and wineries at unprecedented levels, with up to 10 per cent of South Australia's iconic Barossa Valley now in Chinese hands.

https://www.abc.net.au/news/2018-10-27/china-invests-wine-barossa-valley/10429078

  

 

Resources

Australia's Woodside China's ENN Join Hands

OE Digital, 23 Oct. 2018

Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities.

https://www.oedigital.com/energy/item/17377-australias-woodside-chinas-enn-join-hands

 

 

Retail & Tourism

Bellamy's Australia sees sales falling as China competition steps up

SMH, 24 Oct. 2018

Bellamy's Australia has warned first-half sales will decline between 10 and 15 per cent compared with a year ago as the race for China's milk market is intensifying between global competitors.

https://www.smh.com.au/business/companies/bellamy-s-australia-expects-sales-to-fall-citing-product-revamp-20181024-p50bjl.html

 

Chinese tourists continue to arrive in Australia in record numbers

The Australian, 24 Oct. 2018

Chinese visitor numbers to Australia are already tracking above 2020 targets, following the eighth year of double-digit increases. The Bureau of Infrastructure, ...

https://www.theaustralian.com.au/business/aviation/chinese-tourists-continue-to-arrive-in-australia-in-record-numbers/news-story/3efee087bcea6daea587281cb71724be

 

Bubs boost not just from China

The Australian, 29 Oct. 2018

Baby food supplier Bubs has booked a rise of over 400 per cent in first-quarter ... for China registration, having entered a long-term agreement with Australia ...

https://www.theaustralian.com.au%2Fbusiness%2Fcompanies%2Fbubs-boost-not-just-from-china%2Fnews-story%2Fc68c56d5232798e8534c58c4839f2b1f&usg=AOvVaw3Ti62Mfq2JkNeJ6HJ-LDjo

 

 

 

Education

Researchers in China and Australia want to reinvent the wheel

C4isrnet, 27 Oct. 2018

Robots are not bound to the same familiar forms. Without needing to protect a soft, fleshy core, machines can be built at new scales and with strange locomotion, all in service of a strange body. Consider, then, the latest in soft robotics from China’s University of Science and Technology and Australia’s University of Wollongong: a miniature wheel, driven by sending electricity through a blob of liquid metal.

https://www.c4isrnet.com/unmanned/2018/10/26/researchers-inchina-and-australia-make-a-liquid-metal-wheel-robot/

 

 

 

China Domestic

Worried about Trump iPhone eavesdroppers? China recommends a Huawei

Reuters, 25 Oct. 2018

BEIJING (Reuters) - China’s foreign ministry has some suggestions for the Trump administration if it is worried about foreign eavesdropping on the U.S. president’s iPhones: use a Huawei handset instead.

https://www.reuters.com/article/us-usa-trump-cellphone-china/worried-about-iphone-eavesdroppers-china-says-trump-may-need-a-huawei-idUSKCN1MZ02A

 

The Wild Wild East 24 October 2018

Property

CHINESE BUYER SNAPS UP FORMER BISCUIT FACTORY IN MELBOURNE’S ABBOTSFORD FOR MORE THAN $37M

Commercial Real Estate, 15 Oct. 2018

A former warehouse in Melbourne’s Abbotsford has sold for $37.28 million to a mainland Chinese buyer, in what some agents say is a sign that ‘offshore money’ is returning to commercial property.

https://www.commercialrealestate.com.au/news/chinese-buyer-snaps-up-former-biscuit-factory-in-melbournes-abbotsford-for-more-than-37m/

 

Global developer Greenland walks tall with $2bn Australia portfolio

Australia China Business Review, 16 Oct. 2018

One of the early movers among Chinese developers in Australia remains optimistic about its long-term prospects, despite rapidly falling foreign investment in real estate and challenges emerging for investor finance.

https://www.acbr.com.au/global-developer-greenland-walks-tall-2bn-australia-portfolio

 

Chinese still see value in Australian property despite imposts

Australia China Business Review, 16 Oct. 2018

Chinese property investors still see Australia as good value, despite higher stamp duties and other government fees across the country, according to leading online real estate portal Juwai.com.

https://www.acbr.com.au/chinese-still-see-value-australian-property-despite-imposts

 

 

 

Currency & Financial

Australia-China Business-to-Business Relationship 'Strong,' ACBC's Brumby Says

Bloomberg, 16 Oct. 2018

John Brumby, president of the Australia China Business Council, talks about the bilateral relations between the two countries amid the U.S.-China tensions. Brumby, who is also a former Premier of Victoria and an Independent Director on the Board of Huawei Australia, speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."

https://www.bloomberg.com/news/videos/2018-10-16/australia-china-business-to-business-relationship-strong-acbc-s-brumby-says-video

 

China's new Australian buzzwords to counter Trump

SMH, 17 Oct. 2018

Beijing: China has a new buzz word in its trade war with Donald Trump, and Australia's former competition tsar Allan Fels says it could be a "big step" forward for the communist state.

https://www.smh.com.au/business/the-economy/china-s-new-australian-buzzwords-to-counter-trump-20181016-p50a1c.html

Australian, NZ shares dragged down by weak Chinese GDP data

Reuters, 19 Oct. 2018

Oct 19 (Reuters) - Australian shares edged lower on Friday as China posted its weakest economic growth since the global financial crisis, though the market was off its morning lows as Beijing pledged more policy support to mitigate risks from a trade row with the United States.

https://www.reuters.com/article/australia-stocks-close/australian-nz-shares-dragged-down-by-weak-chinese-gdp-data-idUSL3N1WZ2PV

 

 

Agriculture

China's expanding middle class targeted by Australian quality food exporters

ABC Online, 19 Oct. 2018

Whether it be wine, beef or grain, China's rapidly growing middle class is developing a taste for quality Australian produce.

https://www.abc.net.au/news/rural/2018-10-19/exporters-target-china-expanding-middle-class/10388594

 

China drives record season for Australian citrus growers

Xinhua, 19 Oct. 2018

CANBERRA, Oct. 19 (Xinhua) -- Australia's citrus industry is set for a second consecutive record season on the back of strong demand from China.

http://www.xinhuanet.com/english/2018-10/19/c_137543407.htm

 

 

Resources

China, Australia electric vehicle chain mirrors iron ore trade

SP Global, 17 Oct. 2018

New York — An ambitious Chinese growth initiative appears once again to be reliant on Australian raw materials.

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/101718-china-australia-electric-vehicle-chain-mirrors-iron-ore-trade

 

 

Retail & Tourism

CAPI toasts Melbourne hospitality to drive China growth

Australia China Business Review, 16 Oct. 2018

Premium beverages manufacturer CAPI has showcased the best of Melbourne’s hospitality scene to 10 of China’s top food and beverage influencers, as part of an innovative initiative to grow its export business.

https://www.acbr.com.au/capi-toasts-melbourne-hospitality-drive-china-growth

 

Australian Luxury’s Growth Strategy Depends on Chinese Tourism

Jing Daily, 17 Oct. 2018

Australia’s luxury retail industry continues to be bolstered by increased visitation and spending from Chinese inbound consumers. As of February 2017, the luxury retail industry was valued at about $2 billion with Chinese consumers accounting for about 30 percent of purchases. And the sector is expected to experience 6-8 percent growth over the next year, according to the Deloitte Global Powers of Luxury Report that was released in September.

https://jingdaily.com/australian-luxury-chinese-tourism/

Falling Australian dollar helps tourists open their wallets

AFR, 17 Oct. 2018

Hamilton Island chief executive Glenn Bourke says when the Australian dollar falls he notices a distinct jump in tourist numbers coming to the exclusive resort island.

https://www.afr.com/news/politics/falling-australian-dollar-helps-tourists-open-their-wallets-20181015-h16n54

 

 

Education

Is the Golden Age of Chinese Studying Abroad at an End?

The Diplomat, 18 Oct. 2018

Political headwinds could deter Chinese students from universities in the U.S., Australia, and the U.K.

https://thediplomat.com/2018/10/is-the-golden-age-of-chinese-studying-abroad-at-an-end/

 

 

 

China Domestic

Chinese actress Zhao Liying announces marriage to actor Feng Shaofeng on Sina Weibo

Global Times, 16 Oct. 2018

Chinese actress Zhao Liying announced that she has married Chinese actor Feng Shaofeng by posing her marriage certificate on Sina Weibo on Tuesday morning with the caption "official announcement." 

http://www.globaltimes.cn/content/1123191.shtml

 

Why Chinese Audiences May Not Go Crazy for ‘Crazy Rich Asians’

The Sixth Tone, 25 Sep. 2018

After topping the U.S. box office for three consecutive weeks — including an eye-popping $35 million in its first five days in theaters — “Crazy Rich Asians” has become one of 2018’s breakout hits.

http://www.sixthtone.com/news/1002961/why-chinese-audiences-may-not-go-crazy-for-crazy-rich-asians

The Wild Wild East 17 October 2018

Property

Most popular suburbs for Chinese property buyers

News.com.au, 08 Oct. 2018

IT was once a popular time to buy Aussie real estate, but a week-long China holiday has produced a surprise from Chinese buyers this year, with data showing their home preferences are changing.

https://www.news.com.au/finance/real-estate/sydney-nsw/most-popular-suburbs-for-chinese-property-buyers/news-story/288a1586977ddc77a28832613b86d135

 

The top Australian cities that Chinese buyers are flocking to

Mortgage Business, 11 Oct. 2018

Chinese buyers are continuing to look to Australia to purchase properties, with research from a leading international property portal for Chinese buyers revealing the top cities this growing market is looking to purchase in.

https://www.mortgagebusiness.com.au/breaking-news/12747-the-top-australian-cities-that-chinese-buyers-are-flocking-to

 

Property market not rosy, says Country Garden

SMH, 13 Oct. 2018

The local arm of Chinese property giant Country Garden is preparing to pounce on buying opportunities as the market downturn unfolds, with a particular eye on mixed use residential ‘lifestyle’ developments.

https://www.smh.com.au/business/companies/property-market-not-rosy-says-country-garden-20181011-p50940.html

 

 

Currency & Financial

Exclusive: Australia’s Prime Minister Says China Not Targeted by Investment Restrictions

Caixin, 09 Oct. 2018

(Sydney/Beijing) — While the media and commentators might talk about the Australian government’s concern over supposed Chinese efforts to influence its politics and national security issues, both countries have great mutual respect and a strong economic relationship, Australian Prime Minister Scott Morrison said.

https://www.caixinglobal.com/2018-10-09/exclusive-australias-prime-minister-says-china-not-targeted-by-investment-restrictions-101333112.html

 

ANU database provides fresh clarity on Chinese investment

Australia China Business Review, 11 Oct. 2018

State owned enterprises have accounted for around half of the $40.4 billion worth of Chinese commercial investment in Australia from 2014 to 2017, according to a new database launched by the Australian National University this week.

https://www.acbr.com.au/anu-database-provides-fresh-clarity-chinese-investment

 

Australia economy to keep growing, but much depends on China: Reuters poll

Reuters, 12 Oct. 2018

SYDNEY (Reuters) - Australia’s economy is forecast to grow solidly over the next couple of years on booming infrastructure spending and strong resource exports, though trade tensions and falling house prices are a clear hurdle ahead.

https://www.reuters.com/article/us-australia-economy-poll/australia-economy-to-keep-growing-but-much-depends-on-china-reuters-poll-idUSKCN1ML2U2

 

 

Agriculture

Shanghai's Pengxin diverted $567 million to Brazil after snub on Kidman sale

AFR, 08 Oct. 2018

Shanghai-based conglomerate Pengxin redirected the $US400 million ($567 million) it was prepared to pay for Australia's largest private land holding, S. Kidman & Co, into investments in Brazil after it was snubbed by then treasurer Scott Morrison in 2016, a move that "discouraged the conglomerate from looking for further deals in Australia".

https://www.afr.com/real-estate/shanghais-pengxin-diverted-567m-to-brazil-after-snub-on-kidman-sale-20181008-h16d4t

 

Australian barley tops the charts in Chinese market; solid destination for wheat

Grain Central, 08 Oct. 2018

Australian barley’s dominant position in the Chinese market is set to continue and Australia’s substantial share of the Chinese wheat market also remains strong, although facing competition from North American suppliers.

https://www.graincentral.com/markets/australian-barley-tops-the-charts-in-chinese-market-solid-destination-for-wheat/

 

The next Cubbie Station, China's $400 million investment in northern Australia

AFR, 12 Oct. 2018

It's the first day of the corn harvest and as a header moves cautiously through the crop, a message is delivered via two-way radio.

https://www.afr.com/business/agriculture/crops/the-next-cubbie-station-chinas-400-million-investment-in-northern-australia-20181008-h16dgh

 

Resources

Maoneng secures financing for 255 MWp Sunraysia Solar Farm

PV Magazine Australia, 09 Oct. 2018

In addition to securing debt financing from a consortium of banks, the Australian-Chinese renewables developer has entered into a long-term equity partnership with global infrastructure investor John Laing for the investment and development of the Sunraysia Solar Farm. John Laing confirmed it will invest $108.6 million in the project, taking a 90.1% stake.

https://www.pv-magazine-australia.com/2018/10/09/maoneng-secures-financing-for-255-mwp-sunraysia-solar-farm/

 

China on pace to become top natural gas importer in 2018

Nikkei Asian News, 14 Oct. 2018

TOKYO -- China is expected to become the world's biggest importer of natural gas for the first time in 2018, overtaking longtime leaders Japan and South Korea.

https://asia.nikkei.com/Business/Markets/Commodities/China-on-pace-to-become-top-natural-gas-importer-in-2018

  

 

Retail & Tourism

BONESHAKER BECOMES A GROUNDBREAKER IN CHINA

Adleide Now, 07 Oct. 2018

THE term “an Aussie burger with the lot” is a new concept in China — but one local burger bar is taking beetroot, egg and pineapple to hungry folk in Shenzhen.

https://www.adelaidenow.com.au/thesourcesa/boneshaker-restaurant-takes-its-aussie-burgers-to-shenzhen-china/news-story/24afd63bc09e14efc287eaa5157f7ff4

 

Australia 14th most popular destination for Chinese tourists

AFR, 10 Oct. 2018

Shanghai | Australia ranked 14th in a key list of popular destinations for Chinese tourists during the biggest travelling week of the year, slipping two spots on the same time a year ago but improving over the last six months.

https://www.afr.com/news/world/asia/australia-14th-most-popular-destination-for-chinese-tourists-20181009-h16f6k

 

Australia ranks 9th for Alipay during Golden Week

Technology Decisions, 11 Oct. 2018

Total Australian transaction volumes over Alipay during China’s semi-annual Golden Week national holiday surged 105% from 2017, as Chinese tourists took the opportunity to travel to Australia.

https://www.technologydecisions.com.au/content/it-management/news/australia-ranks-9th-for-alipay-during-golden-week-475581481

 

 

Education

Economy relies on China as international students prop up our universities

News.com.au, 14 Oct. 2018

IT WAS 3.30pm as I waited at a popular Melbourne cafe in the heart of the city. I had arranged to meet Xing Wu, a 32-year-old Chinese international student from the Fujian Province in the southeast of China.

https://www.news.com.au/finance/economy/australian-economy/economy-relies-on-china-as-international-students-prop-up-our-universities/news-story/6bea7fc2c0c7dbd364346b74722c67df

 

 

China Domestic

Star of smash film The Mermaid, Kitty Zhang, divorces after police report into domestic dispute goes viral

South China Morning Post, 27 Sep. 2018

A star of Stephen Chow’s 2016 box office smash The Mermaid, Zhang Yuqi, also known as Kitty Zhang, and her husband have divorced, it was announced on Thursday. The announcement came after a screenshot of a police report on a violent marital dispute went viral on social media.

https://www.scmp.com/news/china/society/article/2166055/star-smash-film-mermaid-divorces-after-police-report-domestic

The Wild Wild East 10 October

Property

Why Golden Week is no longer so important for Chinese buyers in Australia

AFR, 05 Oct. 2018

It's the week when Australia's top selling agents pull out all stops – helicopters, red carpets and chauffeurs – to tempt the rush of Chinese holidaymakers in Australia to make an impulse property purchase.

https://www.afr.com/real-estate/why-golden-week-is-no-longer-so-important-for-chinese-buyers-in-australia-20181003-h166ax

 

Australia slips from top-five for Chinese property buyers in Golden Week holiday

Domain, 05 Oct. 2018

Chinese tourists taking advantage of the national Golden Week holiday used to flock to Melbourne at this time of year, looking to invest in Australian property. 

https://www.domain.com.au/news/australia-slips-from-topfive-for-chinese-property-buyers-in-golden-week-holiday-20181005-h168i1-770367/

 

Dural is jewel in crown for Chinese in Golden Week

News.com.au, 07 October 2018

DURAL trophy homes are the jewel in the crown for offshore Chinese buyers here for their traditional “Golden Week” holiday.

https://www.news.com.au/finance/real-estate/dural-is-jewel-in-crown-for-chinese-in-golden-week/news-story/d26d27321b12552e6a72423a80eb6ae8

 

‘OPEN THE GATES FOR FOREIGN BUYERS’ SAYS PROPERTY BOSS

The Advertiser, 07 Oct. 2018

THREE quarters of South Australians want foreign real estate investment restricted for fear future generations will not be able to afford to buy homes. The real estate lobby sees it differently.

https://www.adelaidenow.com.au/business/sa-business-journal/real-estate-boss-wants-doors-opened-for-foreign-investors-despite-publics-home-ownership-fears/news-story/f6a80a8bf3ad3ec00b9f8019f891cd9f

 

 

Currency & Financial

China's response to tariffs key to future of $A, economists say

AFR, 30 Sep. 2018

Australian economists say China's response to tariffs likely will be a key factor for the direction of the Australian dollar in coming…

https://www.afr.com/markets/chinas-response-to-tariffs-key-to-future-of-a-economists-say-20180928-h15zcz

 

Australia Holds Key Rate as Housing Downturn Threatens Consumers

Bloomberg, 02 Oct. 2018

Australia kept interest rates at a record low Tuesday as it gauges the impact of falling property prices on an economy that’s otherwise showing strong growth and hiring.

https://www.bloomberg.com/news/articles/2018-10-02/australia-holds-key-rate-as-housing-downturn-threatens-consumers

 

6700 apartment projects across Australia blacklisted for loans by a major bank

AFR, 03 Oct. 2018

A major bank has a blacklist of 6700 apartment projects across Australia where buyers are refused loans or are offered reduced loan to value ratios (LVR), according to mortgage broker Home Loan Experts.

https://www.afr.com/real-estate/6700-apartment-projects-across-australia-blacklisted-for-loans-by-a-major-bank-20181003-h1669d

 

  

 

Agriculture

Freedom Foods milks China's dairy demand despite red tape blip

AFR, 01 Oct. 2018

Food and dairy group Freedom Foods Group says Australia must do more to foster direct government relationships in China, where it expects sales of its dairy, cereals and other products to accelerate as Beijing introduces policies to make it easier for importers despite trade tensions with the United States.

https://www.afr.com/business/freedom-foods-milks-chinas-dairy-demand-despite-red-tape-blip-20181001-h162ua

 

How Australians are helping China become the world's biggest wine maker

News.com.au, 01 Oct. 2018

For Australian winemakers, the Chinese market is booming.

http://www.abc.net.au/news/2018-10-01/australians-helping-china-become-worlds-biggest-wine-maker/10324624

 

Australia: Update on foreign investment in agricultural land

Mondaq, 06 Oct. 2018

Earlier this year the Australian Government announced changes to and recently updated its guidance notes on the rules governing the acquisition of agricultural land by foreign investors.

http://www.mondaq.com/australia/x/743312/agriculture+land+law/Update+on+foreign+investment+in+agricultural+land

 

 

 

Resources

Maoneng reaches financial close on 250MW Sunraysia solar farm

Renew Economy, 08 Oct. 2018

Chinese Australian renewable energy developer Maoneng is to begin construction of the 255MW Sunraysia solar farm near Balranald after reaching financial close for one of the biggest solar projects in the country.

https://reneweconomy.com.au/maoneng-reaches-financial-close-on-250mw-sunraysia-solar-farm-97281/

 

 

Retail & Tourism

High-roller spending 'solid' at Australian casinos despite China fears

SMH, 02 Oct. 2018

Fears that China’s slowing economic growth could cause a collapse in the number of Asian high-rollers coming to gamble heavily at Australian casinos are being “overplayed”, gaming industry analysts say.

https://www.smh.com.au/business/companies/high-roller-spending-solid-at-australian-casinos-despite-china-fears-20181001-p50735.html

 

To Reach Chinese Consumers, Brands Market in Australia

The Wall Street Journal, 03 Oct. 2018

Buyers Down Under called ‘daigou’ are a low-cost way for companies to enter China’s huge market

https://www.wsj.com/articles/how-to-reach-chinese-consumers-market-in-australia-1538559006

 

How Australia’s wild Northern Territory is readying for Chinese tourist boom

South China Morning Post, 05 Oct. 2018

The remote region, the size of Mongolia, intends to almost double its Chinese tourists by 2020 by getting businesses ‘China-ready’. But change is slow and infrastructure still lacking

https://www.scmp.com/lifestyle/travel-leisure/article/2166779/how-australias-wild-northern-territory-readying-chinese

 

 

Education

Labor announces $1.8b plan to educate Australia's toddlers

AFR, 04 Oct. 2018

The nation's three and four-year-olds will be guaranteed 600 hours of education a year under a $1.8 billion plan to be rolled out today by Labor leader Bill Shorten.

https://www.afr.com/news/labor-announces-18b-plan-to-educate-australias-toddlers-20181003-h166q6

 

 

China Domestic

Everything You Need to Know About the Fan Bingbing Scandal

ELLE, 05 Oct. 2018

Fan Bingbing, one of China's most prominent and highest-paid actresses—who dipped her feet in the international film world with roles in X-Men: Days of Future Past and Iron Man 3—fell out of the public eye in early July, causing fans and the entire country to speculate about her whereabouts. Since her disappearance, the rumor mill churned out a slew of theories as to what could've caused Fan's sudden silence, including rumors that the actress was embroiled in a tax evasion investigation.

https://www.elle.com/culture/celebrities/a23584033/fan-bingbing-scandal/

The Wild Wild East 03 October 2018

Property

Westpac is ditching risky property investors, giving them a month to find a new lender

Business Insider, 24 Sep. 2018

Westpac Group, the nation’s second largest lender, is giving risky property investors less than one month to find another lender amid growing concerns about the impact of rising rates, falling values and oversupply.

https://www.businessinsider.com.au/westpac-property-investment-loans-high-risk-2018-9

 

Sydney, Melbourne house prices to decline by 10 per cent from their peak: ANZ

SMH, 28 Sep. 2018

Australian home prices are likely to fall over the next couple of years, reflecting the impact of tighter lending standards and the prospect of higher official interest rates from the Reserve Bank of Australia (RBA) placing downside pressure on prices, says ANZ Bank’s Australian economics team.

https://www.smh.com.au/business/the-economy/sydney-melbourne-house-prices-to-decline-by-10-per-cent-from-their-peak-anz-20180928-p506kr.html

 

 

Gold Coast Spirit tower build back on track after clampdown on foreign investment in China

Gold Coast Bulletin, 28 Sep. 2018

Gold Coast Spirit tower build back on track after clampdown on ... due to a clampdown on foreign investment by the Chinese Government.

https://www.goldcoastbulletin.com.au/business/gold-coast-spirit-tower-build-back-on-track-after-clampdown-on-foreign-investment-in-china/news-story/a74900b0b6a06a4f0d547a051e717506

  

 

Currency & Financial

WHY CHINA’S RICHEST FLOCK TO AUSTRALIA – EVEN IF THEY’RE NOT ALWAYS WELCOME

South China Morning Post, 29 Sep. 2018

Ultra-wealthy Chinese are leaving a trail of dollars across Australia, boosting sectors from property and education to luxury goods – but not everyone is happy about it

https://www.scmp.com/week-asia/society/article/2163540/why-chinas-richest-flock-australia-even-if-theyre-not-always

 

With Chinese investment, some sectors still very much in favour

AFR, 23 Sep. 2018

When the Australian Competition and Consumer Commission green-lit the $13 billion takeover of APA Group by Hong Kong-based suitor Cheung Kong Infrastructure, earlier this month it also moved the deal further down the line towards completion.

https://www.afr.com/news/special-reports/deal-market-outlook/with-chinese-investment-some-sectors-still-very-much-in-favour-20180920-h15nd1

 

China pledges to carry on investing globally, even as wealthy nations shun its money

South China Morning Post, 29 Sep. 2018

China will continue to push forward with global investment, even as a growing number of nations move to restrict the capital inflows, citing national security grounds

https://www.scmp.com/economy/china-economy/article/2166257/china-pledges-carry-investing-globally-even-wealthy-nations

 

 

Influx of wealthy Chinese to drive stockmarket activity

The Australian, 26 Sep. 2018

The unprecedented flood of wealthy individuals leaving China and settling in Australia will help fuel one of the fastest booms in private wealth ...

https://www.theaustralian.com.au/business/markets/influx-of-wealthy-chinese-to-drive-stockmarket-activity/news-story/e51c8fc6c373381d12563b3e0aeaffae

 

 

Agriculture

Food investments 'ripe for picking' by Chinese

The Australian, 26 Sep. 2018

Chinese investors in Australia attending a Sino-Australasian entrepreneurs summit have been told that the food and agricultural sector is ripe ...

https://www.theaustralian.com.au/business/food-investments-ripe-for-picking-by-chinese/news-story/1dd28ab8f807cd466d105601c2666bd4

 

Oysters wars: 'tsunami in a small pond' as $20m investment triggers fear and suspicion

SMH, 29 Sep. 2018

Batemans Bay oyster farmer Ray Wilcox was ready to spend up big.

https://www.smh.com.au/politics/nsw/oysters-wars-tsunami-in-a-small-pond-as-20m-investment-triggers-fear-and-suspicion-20180926-p50645.html

 

 

Resources

Chinese gas deal: National security concerns could be eased if it invests in local market, argues Liberal MP

ABC Online, 26 Sep. 2018

A Federal Liberal MP has suggested a Chinese and Hong Kong based consortium hoping to buy large swathes of the nation's gas pipelines could allay national security concerns by committing to invest in the sector, as security analysts urge the government to block the deal.

http://www.abc.net.au/news/2018-09-26/national-security-concerns-over-major-gas-deal/10304558

 

 

Retail & Tourism

7 million Chinese to travel abroad this Golden Week

Ecns.cn, 21 Sep. 2018

It is estimated that nearly 7 million mainland tourists will travel abroad during the National Day holiday this year, accounting for about 5 percent of the total number of outbound tourists throughout the year, leading Chinese online travel agency Ctrip said in a recent report.

http://www.ecns.cn/news/2018-09-21/detail-ifyyehna1449091.shtml

 

Ctrip's James Liang: Australia needs to lift 'boring' image to attract tourists

AFR, 28 Sep. 2018

The executive chairman of China's biggest online travel companysays there is a perception amongst Chinese tourists that Australia is "boring" and it needs to lure celebrities to the country or become a film set for blockbuster movies to become a "hot" destination like Thailand or Japan.

https://www.afr.com/news/world/asia/ctrips-james-liang-australia-needs-to-lift-boring-image-to-attract-tourists-20180827-h14kjc

  

 

Education

Australian universities slide down rankings prompts funding warning

SMH, 26 Sep. 2018

Nine Australian universities have been listed among the top 200 in the world but two-thirds of those have slid backwards on the rankings, amid warnings that funding cuts and more intense competition are damaging their reputations.

https://www.smh.com.au/national/australian-universities-slide-down-rankings-prompts-funding-warning-20180926-p5060y.html

 

 

 

China Domestic

Tang Wei Stars in Major China-Australia Co-Production ‘The Whistleblower’

Variety, 28 Sep. 2018

Production is under way on “The Whistleblower,” one of the biggest Australian-Chinese co-production movies ever made. The film is a thriller about a Chinese expatriate who discovers a conspiracy at the firm he is working for.

https://variety.com/2018/film/asia/tang-wei-china-australia-coproduction-whistleblower-1202959571/

The Wild Wild East 26 September 2018

Property

BEER AND SKITTLES: CHINESE INVESTOR BUYS MELBOURNE PUB ON SUB-5PC YIELD

Commercial Real Estate, 12 Sep. 2018

A mainland Chinese investor has snapped up a historic inner-city Melbourne pub on a yield below 5 per cent in a deal that highlights the significant appetite among private investors for well-located metropolitan pubs, despite a recent surge in values.

https://www.commercialrealestate.com.au/news/beer-and-skittles-chinese-investor-buys-melbourne-pub-on-sub-5pc-yield/

 

IPROSPERITY SELLS SYDNEY’S PARK REGIS HOTEL FOR $54 MILLION TO HOTELIER JOHNSON YEH

Commercial Real Estate, 17 Sep. 2018

The iProsperity Group has sold the Park Regis Hotel in Sydney’s CBD for $54.18 million to hotel developer and operator Johnson Yeh.

https://www.commercialrealestate.com.au/news/iprosperity-sells-sydneys-park-regis-hotel-for-54-million-to-hotelier-johnson-yeh/

 

The major east coast property markets fell again as Australian home prices continued to decline

Business Insider Australia, 17 Sep. 2018

Sydney and Melbourne property prices fell for the second straight week, coinciding with a decline in auction clearance rates.

https://www.businessinsider.com.au/australian-property-house-prices-corelogic-2018-9

 

The CBA thinks Sydney property values can fall 10%

Business Insider Australia, 19 Sep. 2018

CBA says Sydney house prices will decline steadily until the end of 2019, with fall of 10.1% from peak to trough.
https://www.businessinsider.com.au/sydney-property-market-price-forecast-2018-9#dXgMpL5zJL6ee0MA.99

 

 

Currency & Financial

Foreign farm tax to drive agri REITs: Pitcher Partners

AFR, 16 Sep. 2018

Stricter rules on foreign investment into farms across Australia could hurt attempts by farmers keen to sell out and may trigger new listed real estate investment trusts (REITs) on the Australian Securities Exchange.

https://www.afr.com/real-estate/foreign-farm-tax-to-drive-agri-reits-pitch--partners-20180913-h15cup

 

Consumers will pay for US tariffs on China

News.com.au, 18 Sep. 2018

A global trade war between the United States and China will hurt Australian consumers caught in the crossfire, the federal trade minister warns.

https://www.news.com.au/national/breaking-news/china-tariffs-to-impact-aust-labor/news-story/a3e1ccbc19829709fc83789db039be25

 

Australian dollar could surge in US-China trade war at the cost of the economy, RBA warns

ABC Online, 20 Sep. 2018

The worst case scenario of a global trade war is that Australia's exchange rate could surge by 6 per cent, but the nation's economy could shrink by 2.5 per cent.

http://www.abc.net.au/news/2018-09-20/australian-dollar-rba-worst-case-scenarios-trade-war/10285550 

 

 

Agriculture

China is Australia’s top market for agricultural exports

The Weekly Times, 18 Sep. 2018

AUSTRALIA’s exports to China have almost hit $12 billion, growing 16 per cent in 2017-18.

https://www.weeklytimesnow.com.au/news/national/china-is-australias-top-market-for-agricultural-exports/news-story/ab36328fc7d6dbe6eee01ffffb187b6f

 

CK Group already a giant landlord in Aussie agriculture and poised to grow

AFR, 21 Sep. 2018

Hong Kong-based conglomerate CK Group is quietly adding to its huge footprint in agricultural land and assets in Australia while the spotlight is on its infrastructure arm and the $13 billion bid for APA Group.

https://www.afr.com/business/ck-group-already-a-giant-landlord-in-aussie-agriculture-and-poised-to-grow-20180920-h15o5r

 

Farm education investment in hope of future bumper crop of agricultural innovators

ABC Online, 23 Sep. 2018

The Tasmanian agriculture sector is celebrating a resurgence in farm education as the Government moves to shore up its long-term vision for one of the island's most valuable industries.

http://www.abc.net.au/news/2018-09-22/investment-in-farm-schooling-for-tas-ag-sector/10294038

 

 

 

Resources

S&P says Australia's uncertain energy policy is undermining investor confidence

Business Insider Australia, 17 Sep. 2018

Uncertainty in Australia’s energy policy is holding back investment vital to ensure system reliability and capacity, says ratings agency S&P.
https://www.businessinsider.com.au/sp-australia-energy-policy-undermining-investor-confidence-2018-9#rqmjkmUormUxUIjp.99

 

 

Retail & Tourism

Chinese Spending More to Book Fall Holiday Travel

Jing Travel, 18 Sep. 2018

Some Chinese travelers are experiencing sticker shock for the upcoming holiday. This year’s Mid-Autumn Festival, which begins next week, and National Day have seen outbound travel prices increase by as much as 30 percent year-on-year to 11 popular destinations, according to a Beijing Youth Daily report that claimed the trend was across various booking platforms. But travelers remain unfazed by the prices to their preferred destinations as more people continued to book flights abroad.

https://jingtravel.com/chinese-fall-holiday-travel/

 

Mirvac partners with China’s online travel agency Ctrip

Shopping Center News, 19 Sep. 2018

The International Visitor Survey last year revealed Australia has welcomed more than 1.3 million Chinese visitors over the past year – second only by a narrow margin, to New Zealand tourists. So it’s no surprise that Mirvac is making the most of this opportunity. Mirvac Retail has become the first Australian shopping centre group to partner with China’s leading online travel agency Ctrip. The partnership provides shopping incentives for Chinese tourists in Sydney to spend at Mirvac’s premium outlet centre Birkenhead Point – strategically launching in time for one of China’s biggest holiday periods ‘Golden Week’.

https://www.shoppingcentrenews.com.au/shopping-centre-news/shopping-centre-marketing/mirvac-partners-with-chinas-online-travel-agency-ctrip/

 

Alibaba Kicks Off Inaugural Sydney E-Commerce Expo

Power Retail, 21 Sep. 2018

Over two days, Alibaba is holding its first e-commerce expo in Sydney. The pioneer of new retail tech and its affiliate companies plan to expose the Australian retail industry to the trends taking the Chinese market by storm.

https://www.powerretail.com.au/pureplay/alibaba-ecommerce-expo/

 

 

Education

Trump's trade war with China good for Sydney University: Michael Spence

AFR, 18 Sep. 2018

Shanghai |Sydney University vice-chancellor Michael Spence says US-China trade hostilities and Brexit will attract more foreign students to Australia.

https://www.afr.com/news/policy/education/trumps-trade-war-with-china-good-for-sydney-university-michael-spence-20180918-h15jdy

 

'We will really miss home': China's Moon Festival can be lonely for international students

ABC Online, 25 Sep. 2018

It's an early morning in a food court near Sydney's Chinatown district.

http://www.abc.net.au/news/2018-09-24/what-if-you-cant-return-home-chinas-moon-festival/10291396

 

 

 

China Domestic

Huawei trolls Apple iPhone X launch in London

CNBC, 21 Sep. 2018

The Huawei van was serving juice to passers by with the tagline: "Get ju%ce that lasts," followed by "No traces of Apple." The reference was to battery life.

https://www.cnbc.com/2018/09/21/huawei-trolls-apple-iphone-x-launch-in-london.html

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