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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 ...
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 ...
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.