The Wild Wild East 22 August 2017

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Property

Chinese retreat from Australian property market

AFR, 13 Aug 2017

Chinese property buyers are turning away from Australian housing as efforts by regulators in both countries to slow investment begin to bite.
http://www.afr.com/real-estate/residential/chinese-retreat-from-australian-property-market-20170813-gxv6t3

 

Private offshore buyers from Asia snapping up office blocks

The Australian, 14 Aug 2017

Offshore private investors have been snapping up Australian office assets at a faster pace over the past year, looking for yield in a nation seen as a relative safe haven.

http://www.theaustralian.com.au/business/property/private-offshore-buyers-from-asia-snapping-up-office-blocks/news-story/dd5d1e48ad8212e8486c111a39d9dd7a

 

Affordable Housing Development In Sydney’s Macquarie Park Gets Government Approval

The Urban Developer, 15 Aug 2017

The NSW Government has confirmed Frasers Property Australia and Citta Property Group as the winning tenderers for a $2.2 billion development in Sydney’s Macquarie Park. The developers will work with Mission Australia Housing to redevelop and transform the 8.2 hectare Ivanhoe estate in Macquarie Park.

https://www.theurbandeveloper.com/ivanhoe-estate-macquarie-park-mission-australia/

 

Negative gearing, more supply and foreign tax lead affordability solution
AFR, 15 Aug 2017

Limiting negative gearing to investment in new housing, increasing land supply and taxing overseas buyers are the top three priorities for fixing Australia's affordability crisis according to a poll of 13,000 people.
http://www.afr.com/real-estate/negative-gearing-more-supply-and-foreign-tax-lead-affordability-solution-20170814-gxw8d9

 

China heavyweights buy Sydney site for $70m

The Australian, 17 Aug 2017

A heavyweight Chinese-backed group, advised by Sydney-based developer Rudder Group, has bought a development site at the southern end of Sydney’s Hyde Park for $70.5 million as it makes a low-key entry into the Australian market.

http://www.theaustralian.com.au/business/property/china-heavyweights-buy-sydney-site-for-70m/news-story/ff2025c75a2dee0688a53078f10cff67

 

Currency & Financial

Our economic destiny is China, not America

AFR, 16 Aug 2017

Ask the average Australian whether China or the US is the country's most important economic partner and you'll likely get a bewildered look – it's China, of course. The Lowy Poll shows that by 2013, 76 per cent of Australians were already convinced that China was No.1, compared with just 16 per cent choosing the US.
http://www.afr.com/opinion/columnists/our-economic-destiny-is-china-not-america-20170816-gxxc6e

 

Wanda a clear case of transparency in both China and Australia
AFR, 16 Aug 2017

The partial sale last week of two significant Australian real estate investments by China's Wanda Group raises big questions about the transparency of Chinese investment.
http://www.afr.com/real-estate/wanda-a-clear-case-of-transparency-in-both-china-and-australia-20170814-gxwa24

 

Australia proposes stronger money laundering rules, includes bitcoin

Reuters, 17 Aug 2017

SYDNEY (Reuters) - Australia said on Thursday it would strengthen its money laundering laws, including bringing bitcoin providers under the government's financial intelligence unit, days after a fresh scandal at one of the country's biggest banks. 

https://www.reuters.com/article/us-australia-moneylaundering-idUSKCN1AX06N?il=0

 

Reserve Bank of Australia continues warnings over dollar’s strength

The Australian, 15 Aug 2017

The Reserve Bank of Australia continues to warn that a rising Australian dollar would curtail hopes for stronger economic growth and higher inflation over time.

http://www.theaustralian.com.au/business/economics/reserve-bank-of-australia-continues-warnings-over-dollars-strength/news-story/01591db6084f59660131eecee7f8d3f4

 

New investment rules to curb China's foreign acquisition binge

SMH, 21 Aug 2017

Beijing: The Chinese government has officially put the brakes on Chinese companies pouring big money into overseas property development, issuing rules likely to have a significant impact in Australia.

http://www.smh.com.au/business/new-investment-rules-to-curb-chinas-foreign-acquisition-binge-20170820-gy033p.html

 

Agriculture

China deadline for dairy exporters of infant formula

The Australian, 14 Aug 2017

The clock is ticking for Australian infant formula producers to complete a suite of new regulatory hurdles, in order to be able to keep selling their powder in China after January 1.

http://www.theaustralian.com.au/business/china-deadline-for-dairy-exporters-of-infant-formula/news-story/d8b45de3ccb240f0f6bd547775e7402b

 

Nothing behind Labor’s claims of beef access blockages in China, AMIC says

By Jon Condon, 15 August 2017

Claims made in Federal Parliament yesterday that containers of Australian beef are about to be stranded on Chinese wharves, following last month’s suspension of Australian meat processing plants are incorrect, Beef Central has been told.

https://www.beefcentral.com/trade/nothing-behind-labors-claims-of-beef-access-blockages-in-china-amic-says/

 

Fonterra eyes Chinese consumers with Australian cheese plant

NIKKEI Asian Review, 19 Aug 2017

MELBOURNE -- Fonterra Co-operative Group, New Zealand's largest dairy company, on Friday opened a new plant in southeastern Australia to make cheeses for China, Japan and other markets.

https://asia.nikkei.com/Business/Companies/Fonterra-eyes-Chinese-consumers-with-Australian-cheese-plant

 

Duxton, Eastern Australia Agriculture enjoy good start to water year
AFR, 20 Aug 2017

The recently listed Duxton Water fund is one of the major winners from newly reset water allocations gaining a larger supply of water to lease out to farmers. 
http://www.afr.com/real-estate/duxton-eastern-australia-agriculture-enjoy-good-start-to-water-year-20170818-gxzlr2

 

Resources

Australia's biggest wind farm coming to Darling Downs

The Chronicle, 17 Aug 2017

AUSTRALIA'S largest wind turbine farm is coming to the Darling Downs, creating more than 200 jobs in the process.

https://www.thechronicle.com.au/news/australias-biggest-wind-farm-coming-darling-downs/3213565/

 

BlackRock enters Australian renewable energy sector

Real Estate Investment Times, 16 Aug 2017

BlackRock has entered the Australian renewable energy sector for the first time, after securing the financing for two solar projects in North Queensland on behalf of Edify Energy.

http://www.realestateinvestmenttimes.com/realestateinvestmentnews/asianewsarticle.php?article_id=2201

 

Booming thermal coal price on China demand cheers miners

Reuters, 17 Aug 2017

SINGAPORE/SYDNEY (Reuters) - Australian thermal coal prices for spot cargoes above $100 a tonne, lifted by reports of strikes and strong Chinese demand, are providing a boost in earnings and share prices for miners like Glencore and Whitehaven Coal.

https://www.reuters.com/article/us-thermal-coal-prices-idUSKCN1AX0I9

 

Retail & Tourism

South Australia’s tourism industry is enjoying high times — but is it enough?

The Adviser, 20 Aug 2017

HONG KONG couple Teddy Law and Joyce Cheng are walking through one of Australia’s most important wine collections — an unbroken lineage of tawny port of every vintage from 1878.

http://www.adelaidenow.com.au/news/south-australia/south-australias-tourism-industry-is-enjoying-high-times-but-is-it-enough/news-story/05d342f38132de4bbc9f94e6a4d2e08f

 

Alibaba, Marriott ink JV in Major Play for China Travel Market

China Skinny, 15 Aug 2017

Chinaskinny was in attendance as e-commerce giant and world’s largest hotelier announce strategic partnership to tap into the growing number of Chinese citizens travelling both abroad and domestically every year.

https://www.chinaskinny.com/blog/alibaba-marriott-jv-china/

 

China remains the greatest opportunity

The Australian, 21 Aug 2017

Every nation tells itself stories about the world and how it works. Sometimes these stories are helpful, but sometimes they can blind us to the new opportunities generated by change. 

http://www.theaustralian.com.au/business/opinion/china-remains-the-greatest-opportunity/news-story/3b9ae34029c5e5d8de2d65557c531a73

 

Education

World university rankings under threat if unis take a cut

The Australian, 16 Aug 2017

Australia has kept six elite universities in a key global ranking but commentators warn funding cuts may weaken the country’s competitive position.

http://www.theaustralian.com.au/higher-education/world-university-rankings-under-threat-if-unis-take-a-cut/news-story/6e5b28e565bdc8b94ed73dfe30ac9536

 

China Domestic

“Who are we?” memes with business angle go viral in China

CGTN, 20 Aug 2017

China's most famous instant messaging application, WeChat, has been flooded with a new series of Who Are We/ What We Want memes, which tackles work behaviors and consumption practices in China.

https://news.cgtn.com/news/33677a4d30557a6333566d54/share_p.html

 

TV reviews: China's Midnight Diner and Chinese Restaurant put 'din' in dinner

StraitsTimes, 16 Aug 2017

Chinese Restaurant has been called a knock-off of the South Korean reality show Youn's Kitchen (2017), which isn't right. More accurately, the Chinese show takes the same question - what if celebrities are dropped in a foreign country and have to get a restaurant up and running in days? - and gives a vastly different answer. For starters, Chinese food and Chinese stars such as Vicki Zhao and Huang Xiaoming enjoy wide fame, even on a remote Thai island.

http://www.straitstimes.com/lifestyle/entertainment/putting-the-din-back-in-diner

 

The Wild Wild East 15 August 2017

Property

Wanda Hotel Development backflips on apartment project sales

The Australian, 10 Aug 2017

The Hong Kong-listed arm of Chinese developer Dalian Wanda has sold its stake in its two landmark apartment and hotel projects in Sydney and the Gold Coast as part of a major shake-up of its global property holdings.

http://www.theaustralian.com.au/business/property/wanda-hotel-development-backflips-on-apartment-project-sales/news-story/ab40d6c302497ee96ee466a4b9c42e1d

 

Mirvac To Launch Australia’s First Build-To-Rent Development

The Urban Developer, 8 Aug 2017

Mirvac Group will soon be bringing Australia’s first major build-to-rent apartment development to market with the backing of major superannuation funds in an attempt to tackle housing affordability issues.

https://www.theurbandeveloper.com/mirvac-launch-first-build-to-rent-development/

 

Easy money: Potts Point terrace investors makes 40pc profit in 18 months
AFR, 8 Aug 2017

Investors in four adjoining Potts Point heritage terraces have made a "spectacular" 40 per cent profit in less than 18 months after selling them to Sydney developer Greencliff for $18 million.
http://www.afr.com/real-estate/commercial/hotels-and-leisure/easy-money-potts-point-terrace-investors-makes-40pc-profit-in-18-months-20170807-gxqzp0

 

‘Australia still looks cheap to them’: China’s well-heeled cop extra stamp duty

Domain, 9 Aug 2017

The cost of buying property in Sydney has never been higher, but for foreign buyers the sums involved are even more exorbitant with a recently introduced extra 4 per cent stamp duty surcharge and additional land tax.

https://www.domain.com.au/news/australia-still-looks-cheap-to-them-chinas-wellheeled-cop-extra-stamp-duty-20170809-gxqq9o/

 

REA flags further housing market slowdown

News.com.au, 11 Aug 2017

Revenue in REA Group's Australian arm has soared despite a slowdown in the housing market but the online real-estate advertiser has warned it expects conditions to further decline in 2018.

http://www.news.com.au/finance/business/breaking-news/rea-group-fy-profit-slips-19-to-206m/news-story/f30ca1304f4867b7b3e585409b03bc4c

 

Currency & Financial

Bankers to feel a chill as China extends capital crackdown
AFR, 8 Aug 2017

Australian bankers will have mixed feelings about the latest signs that some big, high-flying Chinese corporates could soon be seeking to offload some of their Australian assets.
http://www.afr.com/opinion/columnists/bankers-to-feel-a-chill-as-china-extends-capital-crackdown-20170807-gxrbwr


Westpac’s $40m investment sends ZipMoney soaring

The Australian, 8 Aug 2017

Shares in start-up ZipMoney surged 19 per cent yesterday after the company secured a $40 million investment from Westpac, with CEO Larry Diamond describing it as a “coming of age” for fintech.

http://www.theaustralian.com.au/business/financial-services/westpacs-40m-investment-sends-zipmoney-soaring/news-story/47137c48a0ba8fcaa21bdb26628b087b

 

Australian companies expanding their wings offshore

AFR, 12 Aug 2017

The latest corporate reporting season shows the risks and rewards of owning companies with an expanding international footprint. For every Australian company that delivers rapid offshore growth, many landmines lurk.
http://www.afr.com/personal-finance/shares/australian-companies-expanding-their-wings-offshore-20170809-gxs9jp

 

Is property or shares a better investment?

News.com.au, 10 Aug 2017

IT’S the age-old query of anyone with capacity to invest. Which is the better investment — shares or property?

http://www.news.com.au/national/nsw-act/is-property-or-shares-a-better-investment/news-story/b96b49e0d4b5f2208bdda65e34e2976e


 

Agriculture

Australian wine exports: China now the biggest market

Weekly Times, 9 Aug 2017

GIVE the people what they want.

http://www.weeklytimesnow.com.au/agribusiness/decisionag/australian-wine-exports-china-now-the-biggest-market/news-story/50271ac1f0426c47c22be5ad5246a13a

 

Bellamy's Australia says China lifts import licence suspension

Reuters, 9 Aug 2017

SYDNEY, Aug 9 (Reuters) - Infant formula maker Bellamy's Australia Ltd said on Wednesday that Chinese authorities had lifted the suspension of an import licence of one of the company's canneries in Australia.

https://www.reuters.com/article/bellamys-china-idUSL4N1KV1HO

 

Australia’s richest woman seeks to sate China’s hunger for meat

Financial Times, 8 Aug 2017

Gina Rinehart has faced down larger rivals, bureaucrats and even family to build Hancock Prospecting into a mining force. Now Australia’s richest woman is tackling a tiny foe that could derail a A$1bn plan to ship live cattle to China. 

https://www.ft.com/content/2a8a9ae8-6db2-11e7-bfeb-33fe0c5b7eaa

 

New hemp food regulations expected to generate wave of new investment in crop

ABC Rural, 11 Aug 2017

In 2007 Terry Memory and his wife Gemma Lynch-Memory walked through a paddock of hemp in Romania.

http://www.abc.net.au/news/rural/2017-08-11/hemp-food-tasmania-value-adding/8792854

 

Resources

Mitsui to invest ‘aggressively’ in renewables, battery storage

The Australian, 9 Aug 2017

Japanese trading giant Mitsui, whose investment helped spur Australia’s iron ore, coal and LNG export industries, says renewables and battery storage are now its chief focus for growth investment in Australia.

http://www.theaustralian.com.au/business/companies/mitsui-to-invest-aggressively-in-renewables-battery-storage/news-story/a6bdd1a132250ee11f766418d92032b3

 

BlackRock takes plunge into booming local solar market
AFR, 11 Aug 2017

BlackRock Real Assets has struck a deal for what is one of the country's biggest debt financings for a solar power venture, bringing the global investment manager into the booming local solar market for the first time.
http://www.afr.com/business/energy/solar-energy/blackrock-takes-plunge-into-booming-local-solar-market-20170811-gxu398


Rush into renewables without a sensible plan is no way to operate

The Australian, 12 Aug 2017

South Australia is not the only energy-rich constituency that has deliberately harmed itself in an ideological push to lead the global charge on renewable energy. If its statewide blackouts and world’s most expensive electricity don’t do enough to wake up the rest of the nation then we should cast our eyes across the Pacific to Canada.

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a_GGL&mode=premium&dest=http://www.theaustralian.com.au/news/inquirer/rush-into-renewables-without-a-sensible-plan-is-no-way-to-operate/news-story/8c5016f5aed543b14d2bc9174770087e&memtype=anonymous

 

Retail & Tourism

Suning and Metcash Expand Cooperation to Bring Quality Australian Products to China

PRNewswire, 8 Aug 2017

SYDNEY, Aug. 8, 2017 /PRNewswire/ -- China's retail giant Suning Holdings Group ("Suning" or "the Group") has signed a cooperation agreement with Metcash, the leading wholesale distribution and marketing company in Australia, to bring more quality Australian and New Zealand products to Chinese consumers.

http://markets.businessinsider.com/news/stocks/Suning-and-Metcash-Expand-Cooperation-to-Bring-Quality-Australian-Products-to-China-1002239006

 

Virgin Australia records $185 million loss but stops burning through cash

SMH, 10 Aug 2017

Virgin Australia's chief executive John Borghetti says an enduring capacity ceasefire with Qantas has set it up make the most of improving demand from business travellers and help it shift course towards profitability.

http://www.smh.com.au/business/aviation/virgin-australia-records-185-million-loss-but-stops-burning-through-cash-20170809-gxsv92.html

 

MP scoffs at northern tourism plan

The West Australian, 10 Aug 2017

A plan to boost funding for tourism infrastructure in Northern Australia has been dismissed as “ridiculous” by Durack MHR Melissa Price.

https://thewest.com.au/news/pilbara-news/mp-scoffs-at-northern-tourism-plan-ng-b88553847z

 

Qantas widens its China exposure

The Australian, 11 Aug 2017

Qantas has signed a new deal with the online travel booking arm of Chinese e-commerce juggernaut Alibaba as it looks to increasingly tap the potential of Australia’s biggest two-way trade partner.

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a_GGL&mode=premium&dest=http://www.theaustralian.com.au/business/aviation/qantas-widens-its-china-exposure/news-story/2e1cd515f2600e0ee4fb7b7930a31c5b&memtype=anonymous

 

China frees top Australian Crown casino executive from jail

SeattleTimes, 10 Aug 2017

BEIJING (AP) — Chinese authorities on Saturday released from jail a top Australian executive at a casino company following the completion of his sentence on gambling-related offenses.

http://www.seattletimes.com/business/china-frees-top-australian-crown-casino-executive-from-jail/

 

Education

New Kids On The Blockchain

ETHNEWS, 12 Aug 2017

In Melbourne, Australia, local reports have recently focused attention on Wooranna Park Primary School, a small public institution which sits in one of country’s “most disadvantaged urban areas.” But, don’t be misled by Wooranna Park’s humble profile. The primary school is giving students a digital leg up through its pioneering education.

https://www.ethnews.com/new-kids-on-the-blockchain

 

Schools getting kids language-ready as China beckons

The Australian, 12 Aug 2017

At an age when most children are tackling the basics of English, Adelaid­e students Americo Beecken and Meu Li Panteladis are also immersed in wrapping their minds around Mandarin.

http://www.theaustralian.com.au/national-affairs/education/schools-getting-kids-languageready-as-china-beckons/news-story/128ebb02e2fa424a758e830aedcccc28

 

China Domestic

Heat Wave: China Daily Reports Temperature So High, An African Man Got a Tan

The Beijinger, 13 July 2017

Compared to everything else in the news, the weather is always more difficult to report because numbers and statistics never convey the human experience of it. And with a heat wave currently attacking the country, Chinese news organizations are finding the best way to describe the unbearable heat to their readers is to report local weather conditions are responsible for giving an African man a tan.

https://www.thebeijinger.com/blog/2017/07/13/china-daily-just-reported-temperature-so-hot-african-man-got-tan

 

Cartoon Stereotypes of "Fat, Promiscuous" Americans Used to Promote Video Game

The Beijinger, 13 Aug 2017

A well-received online marketing campaign that incorporates race-baiting and cultural stereotypes has attracted a lot of online attention by asking: "Do you know how 'evil' laowai think Chinese are?"

https://www.thebeijinger.com/blog/2017/08/13/chinese-marketing-campaign-upholds-cultural-stereotypes-fat-promiscuous-americans

The Wild Wild East 8 August 2017

Property

As Beijing gets tough Wanda tests market for $2 billion Australian exit

AFR, 8 August 2017

China's Dalian Wanda Group, which is under pressure to crimp its offshore expansion and facing a freeze on bank lending at home, is fielding offers for its two giant development projects in Australia.

http://www.afr.com/real-estate/commercial/development/as-beijing-gets-tough-wanda-tests-market-for-2-billion-australian-exit-20170807-gxr458#ixzz4p7GuLcnY

Australia's office market filling up again with supply at historic lows
AFR, 2 Aug 2017

Office towers around Australia are filling up as future supply slips to about half its historical average and businesses continue to hold onto or in some cases expand their accommodation requirements.
http://www.afr.com/real-estate/australias-office-market-filling-up-again-with-supply-at-historic-lows-20170801-gxnd8i

 

Property's big switch from investor to owner occupier loans

ABC Online, 2 Aug 2017

A leopard may not be able to change its spots, but it seems property investors can easily change the purpose of their loans.

http://www.abc.net.au/news/2017-08-01/the-big-switch-from-investor-to-owner-occupier-loans/8763234


Heat on RBA as residential property borrowing hits a record
AFR, 31 July 2017

Residential property borrowing continues to grow despite repeated attempts by regulators to jawbone banks and borrowers into cutting back, according to official statistics.
http://www.afr.com/personal-finance/heat-on-rba-as-residential-property-lending-hits-a-record-20170731-gxmene

 

ANZ says Canada-style property tax unlikely to work as well in Australia
AFR, 1 Aug 2017

Taxes on foreign purchases are unlikely to slow Australia's rapid housing price growth as much as in Canada because the restrictions on foreign purchasers are already greater in Australia and the tax imposts are smaller, new ANZ research says.
http://www.afr.com/real-estate/anz-says-canadastyle-property-tax-unlikely-to-work-as-well-in-australia-20170731-gxmqcb

 

Shifting real estate debt market in Australia

JJL, 31 July 2017

Recent deals in Australia, including PGIM Real Estate’s provision of AU$70 million in senior debt for a commercial redevelopment in Brisbane, have brought the issue of availability of commercial real estate debt into sharp focus.

http://www.theinvestor.jll/news/australia/00/shifting-real-estate-debt-market-australia/

 

Currency & Financial

China pullback won't dent Australia M&A: Minter Ellison
AFR, 31 July 2017

Foreign raiders from Canada, the US and Japan are likely to pick up any of the slack caused by a slowdown in Chinese companies targeting mergers and acquisitions of local firms.
http://www.afr.com/business/banking-and-finance/china-pullback-wont-dent-australia-ma-minter-ellison-20170728-gxkwen

 

Australia's central bank keeps policy rate, says local currency's strength to weigh on growth

CNBC, 1 Aug 2017

The Reserve Bank of Australia kept its benchmark rate unchanged on Tuesday in a widely expected move.

https://www.cnbc.com/2017/07/31/reserve-bank-of-australia-monetary-policy-decision.html

 

Chinese private equity Jingyi Group to expand into Australia via TST Partners
AFR, 30 July 2017

Chinese private equity group Jingyi Group, looking to make its first foray into Australia through Melbourne financial services group TST Partners, has entered a proposed agreement to buy out ASX-listed electronics group TTA and its sole warehouse/office building in Thomastown in Melbourne.
http://www.afr.com/real-estate/chinese-private-equity-jingyi-group-to-expand-into-australia-via-tst-partners-20170726-gxj1pj


Chinese M&A investment in Australian jumps 126pc

The Austrailan, 7 Aug 2017

The value of Chinese investment in Australia has jumped by 126 per cent in the past financial year as the local market remains a favourite destination for Chinese asset buyers.

http://www.theaustralian.com.au/business/dataroom/chinese-ma-investment-in-australian-jumps-126pc/news-story/87fd5ab0db57963731b4c33386869dd4

 

Chinese Wealth Manager Plans Branches in Australia and Canada

Bloomberg, 3 Aug 2017

Chinese millionaires’ money overseas is backing a local wealth manager’s global expansion even as the government steps up controls on capital outflows.

https://www.bloomberg.com/news/articles/2017-08-03/china-millionaires-in-jeans-spur-wealth-manager-s-overseas-push

 

Agriculture

Cherry exporter rallies home-grown investors

The Australian, 31 July 2017

Australia’s largest cherry exporter is urging the nation’s superannuation and private equity funds to ensure the business remains in Australian hands through a current sale process.

http://www.theaustralian.com.au/news/nation/cherry-exporter-rallies-homegrown-investors/news-story/199a7618c57166811b8d72cd1c734cdf

 

Chinese billionaire tried to sell Van Diemen's Land Company before buying it
AFR, 2 Aug 2017

Even before Lu Xianfeng completed the $280 million purchase of Australia's largest dairy farm in April 2016, the Chinese billionaire was looking to sell.
http://www.afr.com/business/agriculture/the-chinese-billionaire-who-tried-to-sell-giant-tasmanian-dairy-before-buying-it-20170802-gxnq4m

 

Growland Group buying 143-hectareWerribee Farm

SMH, 4 Aug 2017

Growland Group, a local developer backed by Asian investors, has entered into exclusive negotiations with a Melbourne family to buy an enormous Werribee farm, not yet zoned for residential redevelopment, for a speculated price of more than $30 million.

http://www.smh.com.au/business/property/growland-group-buying-143hectare-werribee-farm-20170803-gxoa39.html

 

Resources

Boom iron and coal exports bring first trade surplus in six years

The Australian, 4 Aug 2017

Booming sales of iron ore and coal to China helped deliver the first trade surplus since 2011 over the past year as exports surged by 17 per cent while the nation’s appetite for imports barely changed.

http://www.theaustralian.com.au/business/mining-energy/boom-iron-and-coal-exports-bring-first-trade-surplus-in-six-years/news-story/7675fa9065c87fb14dbde807c4443c4e

 

First gas, now power: Malcolm Turnbull calls electricity bosses to Canberra
AFR, 3 Aug 2017

Prime Minister Malcolm Turnbull has ramped up his government's intervention in the energy market by summoning electricity bosses to Canberra next week to demand they give customers the information they need to reduce their power costs.
http://www.afr.com/news/first-gas-now-power-malcolm-turnbull-calls-electricity-bosses-to-canberra-20170803-gxoq4q

 

Retail & Tourism

Here's what Chinese online shoppers like to buy from Australia

Business Insider Australia, 2 Aug 2017

Online shoppers in China have a high regard for Australian products, seeing them as safe and value for money.

https://www.businessinsider.com.au/heres-what-chinese-online-shoppers-like-to-buy-from-australia-2017-8


Langham hotels eyeing Australia

The Australian, 1 Aug 2017

Hong Kong’s cashed-up Langham Group is on track to expand its hotel empire through a combination of outright purchases and management agreements as it looks at Australian resorts and cities in a bid to compete with big-gun hotel operators such as Marriott and Accor.

http://www.theaustralian.com.au/business/property/langham-hotels-eyeing-australia/news-story/5616a77e64fa9c5b32abbc928ce8fdfd

 

GPT pays $680m for Highpoint Shopping Centre stake

The Australian, 1 Aug 2017

A property fund run by sector stalwart the GPT Group has made one of the most expensive shopping mall investments in Australia’s history, snapping up a 25 per cent stake in Melbourne’s Highpoint Shopping Centre, in a $680 million purchase from the city’s wealthy Besen family.

http://www.theaustralian.com.au/business/property/gpt-pays-680m-for-highpoint-shopping-centre-stake/news-story/b49e2d63c9446952257d76b24d3e3d22

 

Bubs Australia rockets on infant formula demand

AFR, 6 Aug 2017

Infant formula and organic baby food company Bubs Australia wants to strengthen its Australian domestic presence even though its share price has rocketed 70 per cent in the past week largely on demand for "white gold" from Chinese customers.
http://www.afr.com/business/health/bubs-australia-rockets-on-infant-formula-demand-20170806-gxq72h


Education

Universities set to lose $1.2b in funding under Turnbull government changes

SMH, 6 Aug 2017

Universities would be hit with $1.2 billion in funding cuts under the Turnbull government's higher education changes, with new data showing some institutions are set to lose up to $57 million over the next four years.

http://www.smh.com.au/federal-politics/political-news/universities-set-to-lose-12b-in-funding-under-turnbull-government-changes-20170805-gxq0ez.html

 

China Domestic

"Let's Go, Mantis Shrimp": The Most Trending Chinese Internet Slang of 2017 – Summer Edition

The Beijinger, 19 July 2017

A diet of video games and old movies have influenced the most popular online trends, as seen by a list of the hottest Chinese Internet slang from the first half of this year expected to bewilder anyone not up-to-date on some very obscure references.

http://www.thebeijinger.com/blog/2017/07/19/lets-go-mantis-shrimp-most-trending-chinese-internet-slang-2017-summer-edition

 

Wolf Warrior 2: The nationalist action film storming China

BBC, 4 Aug 2017

"Anyone who offends China will be killed no matter how far the target is."

That is the tagline for Wolf Warriors 2, the Chinese box office hit that is equal parts testosterone-fuelled machismo - think blazing guns, explosions, and tanks - and chest-thumping Chinese patriotism.

http://www.bbc.com/news/blogs-china-blog-40811952

 

The Wild Wild East 1 August 2017

Property

CBA subsidiary slugs property borrowers with 35bp rate rise
AFR, 24 July 2017

Bankwest, a subsidiary of Commonwealth Bank of Australia, is slugging existing interest-only owner occupiers with increases of 35 basis points, in the latest move to rein in higher-risk loans.
http://www.afr.com/personal-finance/cba-subsidiary-slugs-property-borrowers-with-35bp-rate-rise-20170724-gxhdqu


Mirvac sells half-share in Olderfleet building to Singapore's Suntec

SMH, 26 July 2017

Diversified property group Mirvac has sold a half share in its signature Olderfleet development in Melbourne at a benchmark price that will help re-rate premium office values in Australia's east coast office market.

http://www.smh.com.au/business/property/mirvac-sells-halfshare-in-olderfleet-building-to-singapores-suntec-20170726-gxizqy.html

 

Frasers plans $190m of new warehouses

The Australian, 26 July 2017

Frasers Property Australia is developing and building more than $190 million of new warehouses in Melbourne, fielding unprecedented demand in two of its industrial parks. 

http://www.theaustralian.com.au/business/property/frasers-plans-190m-of-new-warehouses/news-story/214186df936026843fff5adc3c1bd06c

 

Greenland pens deal with Provectus Care to build aged care facilities in China
AFR, 27 July 2017

One of China's largest real estate developers Greenland HK has penned a deal with Australian aged care group, Provectus Care, headed by Shane Moran of the famed nursing home family, to help build aged care facilities in China where there is an acute shortage of beds.
http://www.afr.com/business/greenland-pens-deal-with-provectus-care-20170726-gxizdx

 

 

Currency & Financial

Westpac set to sell Hastings Management to Charter Hall Group

The Australian, 24 July 2017

Westpac (WBC) says it is in exclusive talks with Charter Hall Group over the bank’s sale of Hastings Management, a global infrastructure-assets business with funds under management of about $14.3 billion.

http://www.theaustralian.com.au/business/financial-services/westpac-set-to-sell-hastings-management-to-charter-hall-group/news-story/13e8b65357015d085d56d2dba1163f41

 

These 5 charts show you some of the key lessons every investor needs to learn
AFR, 26 July 2017

Investing is often seen as complicated.

http://www.afr.com/personal-finance/shares/these-5-charts-show-you-some-of-the-key-lessons-every-investor-needs-to-learn-20170725-gxis4c

 

Reserve Bank is caught in interest rates sandwich

The Australian, 27 July 2017

As the Australian dollar hit the magical US80 cents mark last night it confirmed that the rules of business and economics have changed dramatically from what we expected just six months ago.

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/reserve-bank-is-caught-in-interest-rates-sandwich/news-story/186c8da137d099c4c1335ab15387024c

 

Pacific Equity Partners sells Allied Pinnacle assets

The Australian, 27 July 2017

Private equity powerhouse Pacific Equity Partners is poised to kick off the year’s largest industrial and logistics sale with the offer of a $300 million-plus portfolio of assets sporting long leases to its Allied Pinnacle business.

http://www.theaustralian.com.au/business/property/pacific-equity-partners-sells-allied-pinnacle-assets/news-story/7de3db735c3595ed180f6af76ad21eed

 

Agriculture

Aussie seafood exports to China surge on lower tariffs

Under Current News, 25 July 2017

Australian seafood exporters are making good on lower Chinese import tariffs this year, although they still export more to the Asian giant through third countries, especially Vietnam.

https://www.undercurrentnews.com/2017/07/25/aussie-seafood-exports-to-china-surge-on-lower-tariffs/

 

Breakthrough in Australia's beef with China over meat exports

ABC Online, 28 July 2017

Australian beef which was shipped to China before the Asian powerhouse slapped a temporary import ban on some producers will now be allowed into the country.

http://www.abc.net.au/news/2017-07-27/australia-china-dispute-over-beef-imports-makes-early-progress/8749996

 

 

Resources

Offshore renewable investment soars amid clean energy debate

The Australian, 24 July 2017

Debate over the Clean Energy Target is tearing the federal Coalition apart, but a growing number of European firms in the renewable space are moving into Australia and are active buyers of land in Queensland and northern NSW.

http://www.theaustralian.com.au/business/dataroom/offshore-renewable-investment-soars-amid-clean-energy-debate/news-story/7a0c77272e1d82e54df6303c946600c3

 

Glencore snares 49pc of Hunter Valley coalmine in Yancoal deal

The Australian, 29 July 2017

Swiss miner Glencore and the Chinese-controlled Yancoal Australia could reap more than $US200 million ($250m) of annual savings in a deal that should realise Glencore chief Ivan Glasenberg’s long-held plan to consolidate the Hunter Valley coal industry.

http://www.theaustralian.com.au/business/mining-energy/glencore-snares-49pc-of-hunter-valley-coalmine-in-yancoal-deal/news-story/1bed9170c0ab97c76756094adb4f1b80

 

Retail & Tourism

Australia moves up Chinese travel bucket list

The Australian, 24 July 2017

Australia has leapt up the bucket list of Chinese tourists to the fourth most desirable destination, from tenth just two years ago — following the extension of access by providing 10-year frequent-traveller visas.

http://www.theaustralian.com.au/business/economics/australia-moves-up-chinese-travel-bucket-list/news-story/1caede1b161003116358e6376518474b

 

Australian retail will die harder than US, says AirTree's Daniel Petre
AFR, 26 July 2017

Retail armageddon in Australia will be worse than the US experience, says venture capitalist Daniel Petre, who argues there aren't enough fast food franchises to protect the property sector from shuttered shopfronts.
http://www.afr.com/markets/australian-retail-will-die-harder-than-us-says-airtrees-daniel-petre-20170726-gxj1xq

 

Accor goes up with ibis and Novotel high-rise hotel in Melbourne CBD
AFR, 27 July 2017

AccorHotels will open Australia's first dual-branded high-rise hotel in the Melbourne city centre in 2018, after striking a deal with Singapore's Well Smart Group.
http://www.afr.com/real-estate/commercial/hotels-and-leisure/accor-goes-up-with-ibis-and-novotel-highrise-hotel-in-melbourne-cbd-20170725-gxikrd


Darren Chester: Lessons in Chinese transport infrastructure

The Australian, 27 July 2017

Infrastructure and Transport Minister Darren Chester says Australia “has to learn from the China experience” in transport development, especially from its rapid creation of the world’s largest high-speed rail network.

http://www.theaustralian.com.au/business/economics/darren-chester-lessons-in-chinese-transport-infrastructure/news-story/416fc709a44450e99d34c5d38f47bbdb

 

Virgin Australia Is Planning New Flights to China

Bloomberg, 28 July 2017

Virgin Australia Holdings Ltd., the airline part-owned by HNA Group Co., aims to add two routes to mainland China to tap into the Chinese backer’s aviation hubs and the record flow of visitors heading Down Under.

https://www.bloomberg.com/news/articles/2017-07-27/hna-backed-virgin-australia-eyes-china-hubs-to-end-losing-streak

 

Education

Top higher education achievers named in AFR awards
AFR, 30 July 2017

The finalists in the 2017 Australian Financial Review Higher Education Awards include a critical thinking program for marginalised youth, a gamified learning app for mobile devices, a service program for students in Indigenous communities and an augmented reality module for teaching physiology and anatomy.
http://www.afr.com/leadership/top-higher-education-achievers-named-in-afr-awards-20170727-gxk5d0

 

Australian universities condemn anti-Chinese posters put up on campus

South China Morning Post, 26 July 2017

Australian police are investigating the appearance of anti-Chinese posters at two Melbourne universities on the first day of the new semester on Monday.

http://www.scmp.com/news/china/society/article/2104234/australian-universities-condemn-anti-chinese-posters-campus

 

China Domestic

China: Foxconn’s New US Factory Won’t Affect Company's Investment China

The Diplomat, 28 July 2017

On July 26, Terry Gou, the chairman of Foxconn — the Taiwanese electronics manufacturing company and supplier for Apple and other tech giants — met with U.S. President Donald Trump at the White House and announced his big plan for opening a new factory in Wisconsin. The next day, China replied that Foxconn’s investment in mainland China wouldn’t be affected.

http://thediplomat.com/2017/07/china-foxconns-new-us-factory-wont-affect-companys-investment-china/

 

Banks That Funded HNA's $40 Billion Spending Spree Halt New Loans

Bloomberg, 24 July 2017

Several Chinese banks that helped fund HNA Group Co.’s global acquisition spree are losing their appetite for financing the company, according to people familiar with the matter.

https://www.bloomberg.com/news/articles/2017-07-24/china-banks-that-funded-hna-s-growth-are-said-to-halt-new-loans-j5hnmp3f

The Wild Wild East 25 July 2017

Property

Mortgage demand suggests Australian housing market is cooling

Domain, 19 July 2017

Mortgage applications were down almost one per cent in the June quarter, another sign the housing market is beginning to cool.

https://www.domain.com.au/news/mortgage-demand-suggests-australian-housing-market-is-cooling-20170718-gxdyp2/

 

NSW has harshest Australian tax regime for foreign buyers of luxury property
AFR, 19 July 2017

NSW has the harshest taxes in Australia for foreigners looking to buy a home worth more than $3.3 million, following the latest rules imposed from July 1.
http://www.afr.com/real-estate/nsw-has-harshest-australian-tax-regime-for-foreign-buyers-of-luxury-property-20170718-gxe02m

 

The Dahua Group’s William Huang On Opportunities In The Australia Market And Their $4 Billion Development Pipeline

The Urban Developer, 21 July 2017

The Urban Developer recently sat down with the Dahua Group’s Managing Director, William Huang to gain an insight into Duhua’s expansion into the Australian market and their pipeline of development. 

https://www.theurbandeveloper.com/dahua-groups-william-huang-opportunities-australia-market-4-billion-development-pipeline/

 

Sydney, Melbourne property markets can avoid crash landing: RBA’s Bullock

The Australian, 21 July 2017

House price growth in Sydney and Melbourne is being driven by the “basics of supply and demand,” according to a senior Reserve Bank of Australia official.

http://www.theaustralian.com.au/business/economics/jury-out-on-what-might-happen-in-the-event-of-a-bank-failure-rbas-bullock/news-story/0821ecc13d199308b6dd7f5749f6d801

 

The Mona Effect: Hobart becomes Australia’s hottest market after rapid price surge

Domain, 23 July 2017

Most mainlanders are more likely to associate Hobart with Mona than its real estate market, but the latest data shows we’re no longer just holidaying in Tasmania, we’re buying there.

https://www.domain.com.au/news/the-mona-effect-hobart-becomes-australias-hottest-market-after-rapid-price-surge-20170723-gxd8pd/

 

Currency & Financial

China's Top Recruitment Agency Enters the UK and Australia Market to Assist Global Enterprises to Invest in China

NewKerala.com, 21 July 2017

MELBOURNE and QUEENSLAND, Australia, July 21, 2017 : Since March 2017, Talent Spot has participated in activities held by the China-Britain Business Council (CBBC) and the Australia-China Business Council in the UK and Australia respectively.

http://www.newkerala.com/news/fullnews-256006.html

 

More headaches for RBA as Aussie dollar can head higher
AFR, 24 July 2017

There's nothing wrong with going with the flow in financial markets, and right now that means selling the US dollar, which is pretty much what every hedge fund around the world is doing.
http://www.afr.com/markets/equity-markets/more-headaches-for-rba-as-aussie-dollar-can-head-higher-20170724-gxhb1b

 

Melbourne-born man loses $67,000 deposit in foreign investor crackdown

News.com.au, 18 July 2017

IT WAS supposed to be a long-awaited return to his home city after a lengthy stint overseas.

http://www.news.com.au/finance/real-estate/buying/melbourneborn-man-loses-67000-deposit-in-foreign-investor-crackdown/news-story/6ba8751e3156085f0dcfccf26a1d23db

 

Agriculture

China’s biggest food company looks to Australia for milk product supply

Foodmag, 19 July 2017

Australia’s dairy industry is set for a boost with a symposium bringing together for the first time representatives from China’s biggest food company – the state-owned COFCO corporation, with leading Monash University researchers, and dairy industry partners, on Thursday 20 July.

https://foodmag.com.au/chinas-biggest-food-company-looks-to-australia-for-milk-product-supply/

 

Australian government funding boosts lobster marketing battle in China

Seafood Source, 19 July 2017

Australian government funding has helped a key lobster exporter extend its marketing in China. 

https://www.seafoodsource.com/news/supply-trade/australian-government-funding-boosts-lobster-marketing-battle-in-china

 

China the toast of Aussie wine exporters

News.com.au, 19 July 2017

China's thirst for Australian wine continues to grow at a faster rate than anywhere else in the world.

http://www.news.com.au/finance/business/breaking-news/china-the-toast-of-aust-wine-exporters/news-story/5f5b0c54885f99277f3c74485a25e4ef

 

China’s crackdown targets ‘food safety, not Aussie dairy’

The Australian, 19 July 2017

China is certainly not targeting Australian dairy products, one of the leading international experts on China’s food sector says, but it is still developing the skills and regulations needed to ensure high standards in what is a new and rapidly growing industry.

http://www.theaustralian.com.au/business/chinas-crackdown-targets-food-safety-not-aussie-dairy/news-story/773d6cb584ff98699389484ae180e5ec

 

Qatar's sovereign wealth fund sells another Australian farm
AFR, 21 July 2017

Hassad, the farming company backed by the Qatar Investment Authority, has sold more farming land as it moves its strategy from food security to better investment returns.
http://www.afr.com/real-estate/qatars-sovereign-wealth-fund-sells-another-australian-farm-20170721-gxg9ar

 

Resources

Small business gouged and hung out to dry in Australia's energy crisis

SMH, 19 July 2017

While governments blame each other and strike deals for big business to minimise cost impacts, small businesses are being gouged and hung out to dry.

http://www.smh.com.au/small-business/managing/small-business-gouged-and-hung-out-to-dry-in-australias-energy-crisis-20170718-gxdaxs.html

 

Tempo buys KP Electric for $10m

Thewest.com.au, 24 July 2017

Resources contractor Tempo Australia has bought national electrical services provider KP Electric for up to $10 million.

https://thewest.com.au/business/contracting/tempo-buys-kp-electric-for-10m-ng-b88546328z

 

Offshore renewable investment soars amid clean energy debate

The Australian, 24 July 2017

Debate over the Clean Energy Target is tearing the federal Coalition apart, but a growing number of European firms in the renewable space are moving into Australia and are active buyers of land in Queensland and northern NSW.

http://www.theaustralian.com.au/business/dataroom/offshore-renewable-investment-soars-amid-clean-energy-debate/news-story/7a0c77272e1d82e54df6303c946600c3

 

Retail & Tourism

'Buy buy buy' is no longer the mantra of the Chinese tourist
The Strait Times, 11 July 2017
After propping up sales for overseas retailers over the past decade with a shopping-driven tourism agenda, Chinese visitors are no longer returning home with suitcases bulging like before.  A new survey by consultancy Oliver Wyman shows Chinese tourist numbers and holiday expenditure continuing to rise last year, even as shopping during overseas travel dropped 17 per cent from a year earlier.

 

http://www.straitstimes.com/lifestyle/travel/buy-buy-buy-is-no-longer-the-mantra-of-the-chinese-tourist

 

Luxury brands look to Australia: 50 different retailers are considering expanding Down Under

 

Smart Company, 20 July 2017

International luxury and premium brands are eyeing off Australia as a prosperous market, with experts believing the local luxury goods market could become more similar to Europe’s in the coming years.

http://www.straitstimes.com/lifestyle/travel/buy-buy-buy-is-no-longer-the-mantra-of-the-chinese-tourist

Aussie hotels need to "keep pace" with demand from China: Tourism Australia

Xinhua, 18 July 2017

CANBERRA, July 18 (Xinhua) -- Australian hotels need to keep up with the demands placed on them by Chinese tourists, Tourism Australia's boss said on Tuesday.

http://news.xinhuanet.com/english/2017-07/18/c_136452079.htm

 

Hong Kong property entrepreneur Allan Zeman targets SA's Cleland Wildlife Park
AFR, 23 July 2017

Allan Zeman, who turned around Hong Kong's Ocean Park theme park and gave Disneyland a run for its money, is consulting on the future of Cleland Wildlife Park, a tired attraction in the Adelaide Hills, as a prelude to possibly investing in it.
http://www.afr.com/real-estate/hong-kong-property-entrepreneur-allan-zeman-targets-sas-cleland-wildlife-park-20170723-gxgvs9

 

Rise of the Chinese explorer

TTG Asia, 21 July 2017

Chinese travellers are growing more confident about exploring Australia independently, and regional parts of Down Under are readily embracing them.

http://ttgasia.com/article.php?article_id=29852

 

Education key for Tas to unlock NBN

SBS.com.au, 24 July 2017

Tasmania is the most NBN-connected state or territory in the country but it doesn't mean much if people don't know how to use it, the state's peak industry body says.

http://www.sbs.com.au/news/article/2017/07/24/education-key-tas-unlock-nbn

 

Education

Australian Education Union warns Australia Institute to stay out of the classroom

The Canberra Times, 22 July 2017

The teachers' union has warned the authors of a damning report into Canberra's school system to stay out of the classroom and leave lesson planning to the experts.

http://www.canberratimes.com.au/act-news/australian-education-union-warns-australia-institute-to-stay-out-of-the-classroom-20170721-gxfzlx.html

 

China Domestic

Justin Bieber banned from China over 'bad behaviour'

ABC News, 21 July 2017

The Canadian pop star has been banned from performing in China because of his past "bad behaviour," according to the Beijing Municipal Bureau of Culture — although it did concede he has talent.

http://www.abc.net.au/news/2017-07-22/china-bans-justin-bieber-for-bad-behaviour/8733298

 

China puts Wanda under spotlight, closes off loan options for breaching investment rule

South China Morning Post, 17 July 2017

China’s bank regulator has instructed the country’s largest lenders to put six of magnate Wang Jianlin’s overseas acquisitions under the spotlight for touching a red line on foreign investments, according to several people familiar with the matter.

http://www.scmp.com/business/companies/article/2102933/china-places-wanda-under-unprecedented-scrutiny-closes-most-loan

 

China’s Wahaha heiress takes Hong Kong penny stock on a roller coaster ride

South China Morning Post, 17 July 2017

An aborted acquisition deal by the heiress of Chinese beverage giant Hangzhou Wahaha has sent loss-making China Candy, a Hong Kong penny stock, into a free fall.

http://www.scmp.com/business/companies/article/2102988/chinas-wahaha-heiress-takes-hong-kong-penny-stock-roller-coaster

 

Jack Ma’s acquisition of MoneyGram could be blocked

New York Post, 21 July 2017

The co-chair of an influential Capitol Hill commission on China believes the US should block the controversial acquisition of MoneyGram by Jack Ma’s Ant Financial.

http://nypost.com/2017/07/21/jack-mas-acquisition-of-moneygram-could-be-blocked/

 

 

The Wild, Wild East 19 July 2017

 

Property

The new Chinese investors about to make Australian property foray
AFR, 10 July 2017

At least 10 Chinese investors and developers who are yet to make their mark on Australia's property scene are preparing to make an entry despite a recent slowdown in corporate activity driven by China's upcoming National Congress and tougher foreign investment restrictions imposed by Chinese regulators.
http://www.afr.com/real-estate/the-new-chinese-investors-about-to-make-australian-property-foray-20170709-gx7wfj


NAB cuts housing price growth forecasts as property sentiment weakens
AFR, 13 July 2017

National Australia Bank has cut its growth forecasts for both houses and units this year on the back of sharply deteriorating sentiment about the property market.
http://www.afr.com/real-estate/nab-cuts-housing-price-growth-forecasts-as-property-sentiment-weakens-20170713-gxaa5m

 

4 charts that show the level of foreign buyer activity in Australia's housing market

Business Insider, 14 July 2017

The proportion of new Australian homes sold to foreign investors edged higher in the June quarter, according to the latest National Australia Bank’s (NAB) Residential Property Survey.

https://www.businessinsider.com.au/foreign-investment-australia-housing-market-2017-7

 

Maville Group emerges as buyer of $134m Sydney office block

The Australian, 10 July 2017

Chinese-backed developer Maville Group has emerged as the likely buyer of a north Sydney office block in a deal worth $134 million, with tower values surging as developers scoop up key assets.

http://www.theaustralian.com.au/business/property/maville-group-emerges-as-buyer-of-134m-sydney-office-block/news-story/aaa677dc3368a26467079150291a95c6

 

China developer Country Garden shrugs off fears with $400m buy

The Australian, 11 July 2017

Hong Kong-listed developer Country Garden has brushed off concerns about a Chinese government clamp down on property buyers, snapping up a $400 million land parcel on the outskirts of Melbourne for a project with over 4,000 houses.

http://www.theaustralian.com.au/business/property/china-developer-country-garden-shrugs-off-fears-with-400m-buy/news-story/98eec793d46eff5528160337e52c0493

 

Currency & Financial

Chinese buyers on sidelines as national congress looms

The Australian, 10 July 2017

Deal-makers have been closely watching the volume of Chinese money flowing into Australian merger and acquisition activity dry up and it’s unlikely to change in the next few months.

http://www.theaustralian.com.au/business/dataroom/chinese-buyers-on-sidelines-as-national-congress-looms/news-story/772fe395d7cae0171ab6d1eb68f265c8

 

'Carbon bubble' putting $2 trillion worth of investments at risk as international climate policy develops

ABC News, 11 July 2017

Serious concerns are being raised about how some of Australia's biggest companies are planning for a clean energy future.

http://www.abc.net.au/news/2017-07-11/financial-sector-must-factor-in-risks-of-fossil-fuel-investment/8696224

 

China deal-maker HNA Group hits the brakes

The Australian, 14 July 2017

One of China’s most prolific overseas acquirers, the airlines-and-hotels conglomerate HNA Group, is drastically slowing its deal-making, suggesting that a Beijing government crackdown on debt might be crimping its global ambitions.

http://www.theaustralian.com.au/business/china-dealmaker-hna-group-hits-the-brakes/news-story/ce7a1a2424b2b0ae9d9470d53db60936

 

Australian dollar surges past US78¢ to a two-year high after disappointing US economic data

The Courier Mail, 16 July 2017

The Aussie traded as high as US78.34¢ on Friday night, up from a low of US76.75¢ the previous day. The spike came as the greenback slumped to a 10-month low after US inflation and retail figures missed market expectations.

http://www.couriermail.com.au/business/australian-dollar-surges-past-us78-to-a-twoyear-high-after-disappointing-us-economic-data/news-story/5fa8a78aedbd2498f72b8ab10a51ec47

 

Agriculture & Food

Wattle Health moves to secure China market

News.com.au, 12 July 2017

Wattle Health Australia shares have soared after the infant formula supplier acquired a stake in Australian infant formula maker Blend & Pack, helping to secure its business in China.

http://www.news.com.au/finance/business/breaking-news/wattle-health-moves-to-secure-china-market/news-story/7c2a55d458433fd952eb20e1a6ab107c

 

Australian wines the best in Chile

News.com.au, 11 July 2017

Taylors Wines from South Australia's Clare Valley have picked up two Great Gold medals and two Silver medals at the prestigious Catad'Or Wine Awards in Chile.

http://www.news.com.au/national/breaking-news/australian-wines-the-best-in-chile/news-story/6eab6b5686fc303261c6aaf7d5fb7fe2

 

Australia's Bellamy's extends share freeze, awaits progress on China licence suspension

Reuters, 10 July 2017

Infant formula maker Bellamy's Australia Ltd said it has requested an extension of a share trading halt as it seeks more information about China's decision to suspend the import licence of its newly-acquired Australian cannery.

https://www.reuters.com/article/bellamys-china-idUSL4N1K2094

 

Resources

China's Biggest Wind-Turbine Maker Expands in Philippines, Australia

Bloomberg, 12 July 2017

Xinjiang Goldwind Science & Technology Co., China’s biggest wind-turbine maker, is expanding its footprint abroad with new deals in the Philippines and Australia.

https://www.bloomberg.com/news/articles/2017-07-12/goldwind-expands-overseas-with-deals-in-philippines-australia

 

Battery ‘to unlock more investment’

The Australian, 10 July 2017

The world’s largest lithium ion battery, to be built in South Australia in a joint project by US billionaire Elon Musk’s company Tesla, will unlock more investment in renewable energy in the state, Premier Jay Weatherill says.

http://www.theaustralian.com.au/news/nation/battery-to-unlock-more-investment/news-story/0c67347361dbb1f0bc0160789dc648fd

 

Investors pour $1.5bn into Australian solar and wind energy in Q2

Renew Economy, 10 July 2017

Australia has recorded a significant “bounce-back” in renewable energy investment in the second quarter of 2017, with $1.5 billion poured into big solar and wind projects from April to June, a 77 per cent year-on-year increase.

http://reneweconomy.com.au/investors-pour-1-5bn-australian-solar-wind-energy-q2-27188/

 

IEA warns on global supply squeeze as energy investment tanks

The Australian, 12 July 2017

An almost 20 per cent fall in global energy investment over the past three years could lead to oil and electricity shortages and there are concerns about whether current business models will encourage sufficient levels of spending in the future, according a new international report.

http://www.theaustralian.com.au/business/mining-energy/iea-warns-on-global-supply-squeeze-as-energy-investment-tanks/news-story/60a5dc10d1dfe709bb8398919be6fbea

 

Retail & Tourism

China frees Crown Resorts workers, including 2 Australians

ABC News, 12 July 2017

China on Wednesday released 10 employees of Australia's Crown Resorts Ltd., including two Australian citizens, after they completed nine months in prison for organizing gambling tours in violation of China's strict gaming laws.

http://abcnews.go.com/International/wireStory/china-frees-crown-resorts-workers-including-australians-48582299

 

Stripe deal opens door to China for e-retailers

The Australian, 11 July 2017

Australia’s online retailers have received a welcome shot in the arm with a global deal between Alipay and WeChat Pay opening up access to more than one billion Chinese consumers.

http://www.theaustralian.com.au/business/stripe-deal-opens-door-to-china-for-eretailers/news-story/98aff43f975cc8115b3bb7c08739f092

 

CBRE says more offshore retailers to set up shop in Australia

The Australian, 13 July 2017

More international retailers will set up shop in Australia over the coming years while offshore brands that have already arrived will expand into more cities, ­according to research from real estate giant CBRE.

http://www.theaustralian.com.au/business/cbre-says-more-offshore-retailers-to-set-up-shop-in-australia/news-story/a5b4e97ed3c3c0bdb18bfb40e0737dce

 

Australian malls turn to village life as local retailers feel pinch from global rivals

Straits Times, 16 July 2017

SYDNEY (AFP) - As Australia's local merchants struggle with an influx of global names, leading malls are considering returning to their village centre roots to woo new tenants by moving away from shops and offering medical facilities, more restaurants and even amusement parks.

http://www.straitstimes.com/world/australian-malls-turn-to-village-life-as-local-retailers-feel-pinch-from-global-rivals

 

Chinese tourism continues to boost Australian economy: Economist

China Daily, 14 July 2017

SYDNEY — The boom in Chinese tourism to Australia is continuing to provide a huge boost to the Australian economy, an economist at the Commonwealth Bank of Australia said on Friday.

http://www.chinadaily.com.cn/business/2017-07/14/content_30116054.htm

 

Education

Austrade China mission targets flight-training demand

The Australian, 14 July 2017

Australia’s aviation training providers are trying to steal a march on rivals from the US and other nations in tapping China’s aviation boom.

http://www.theaustralian.com.au/business/aviation/austrade-china-mission-targets-flighttraining-demand/news-story/872851ebdbd55589a7fcfe0bf9ead323

 

 

 

China Domestic

Why China censors banned Winnie the Pooh

BBC, 17 July 2017

The blocking of Winnie the Pooh might seem like a bizarre move by the Chinese authorities but it is part of a struggle to restrict clever bloggers from getting around their country's censorship.

http://www.bbc.com/news/blogs-china-blog-40627855

 

Sunac to Pay Record $9.3 Billion for Wanda Hotels, Theme Parks

Bloomberg, 10 July 2017

Sunac China Holdings Ltd. agreed to buy hotels, land and projects from Dalian Wanda Group Co. for 63.2 billion yuan ($9.3 billion) in China’s largest property deal, as billionaire Chairman Sun Hongbin moves to take advantage of competitors shedding assets.

https://www.bloomberg.com/news/articles/2017-07-10/sunac-in-deal-to-buy-wanda-projects-hotels-for-9-3-billion

 

In the Future, Chinese People Will Sell Their Data for Cash

Sixth Tone, 15 July 2017

These days, every footprint we leave online can be monetized. This notion first struck me when I established my data firm, Chengtai, in 2010.

http://www.sixthtone.com/news/1000522/in-the-future%2C-chinese-people-will-sell-their-data-for-cash

 

Xi’an Tells Popular Social Media Users to Report Themselves

Sixth Tone, 14 July 2017

As if net users weren’t anxious enough about their social media follower count, Xi’an-based users of microblogging platform Weibo now have to register with the authorities if they have more than 30,000 fans.

http://www.sixthtone.com/news/1000520/xian-tells-popular-social-media-users-to-report-themselves

 

 

The Wild, Wild East 12 July 2017

Property

Chinese interest in Australian property still 'high', despite a fall globally
AFR, 6 July 2017

Australian real estate will remain one of the main recipients of Chinese capital in 2017 despite the expectation that Chinese investors will pull back from buying property globally, Chinese property industry reports have said. 

Real estate agents record first fall in five years
AFR, 5 July 2017

The residential real estate sector recorded its first revenue fall in five years this past financial year as estate agents battled low listing volumes, the end of the housing boom and competition from low-cost operators.

Fears of a housing bubble in Australia are overblown, says HSBC economist

SMH, 7 July 2017

Soaring home prices in Australia's biggest cities are driven by strong demand and a lack of supply, rather than indicating a "bubble," according to one of the nation's top economists.

 

Westpac rejigs property loans to attract cashed-up buyers
AFR, 4 July 2017

Westpac has launched an aggressive push into the residential investment property market with a fixed rate offer below 4 per cent as other lenders pull-back by raising rates by up to 40 basis points.

 

Chinese developers active in Sydney deals

The Australian, 5 July 2017

Chinese developers have been ­active in the Sydney property market with ASX-listed group Boyuan Holdings buying a pub in Penrith and Maville Group selling in Waterloo.

 

 

Currency & Financial

How China's debt binge threatens Australia

SMH, 5 July 2017

No country can be indifferent to China's economy, especially not Australia. We're more exposed to what goes on in it than just about any other nation. China has long been the biggest market for our commodities, such as iron ore, coal and wool. And now it is the largest foreign buyer of our services, especially education and tourism. The upshot? Many thousands of Australian jobs depend on the health of the Chinese economy.

 

Reserve Bank interest rate decision: Why did the Australian dollar fall?

ABC News, 5 July 2017

The Australian dollar dropped sharply on the back of the Reserve Bank governor's statement, despite the RBA holding interest rates steady for the eleventh straight month.

 

The Reserve Bank can relax on rates, for now

The Australian, 3 July 2017

After years of being afraid to cut interest rates too much for fear of inflating the east coast housing bubble, the Reserve Bank might be heading into a spot of the reverse.

 

 

Agriculture & Food

US, China buoy Australia's $126 billion food and grocery industry

SMH, 3 July 2017

Australia's $126 billion food and grocery sector, under pressure from rising energy costs and keen to reduce its reliance on supermarket giants Woolworths and Coles, is exporting more to the US and China.

 

Wine Australia targets international tourists and China export market in new national plan

The Adviser, 3 July 2017

TARGETING inbound international wine tourists and the key export market of China are likely to be key planks in the new $50 million export and regional wine support package, according to Australian Grape and Wine Authority chairman Brian Walsh.

 

China’s love of wine drives thirst for knowledge

The Australian, 8 July 2017

The speed with which China has become Australia’s largest wine market (by value) is extraordinary.

 

Chinese wine market: Shift in consumption

Weekly Times, 7 July 2017

CHINESE wine consumers are now younger, and drinking for pleasure, rather than status or health.

 

Four Reasons Why China's Local Brands Are Outsmarting Foreign Food Companies

Forbes, 27 June 2017

In 2008 six Chinese babies died and 300,000 fell ill or were hospitalized following a milk scandal involving 22 Chinese infant formula producers. The producers added the chemical melamine to their products to give the impression of higher protein content. Although consumer trends evolve faster in China than in any other market, the incident still looms large over Chinese consumers almost a decade later.

 

 

Resources

Whyalla steelmaker Arrium to be sold to British company Liberty House

ABC News, 5 July 2017

South Australian steelmaking business Arrium is to be sold to a British company and not the Korean consortium identified as the preferred bidder, the state's Premier Jay Weatherill has confirmed.

 

Investors pour $1.5bn into Australian solar and wind energy in Q2

Renew Economy, 10 July 2017

Australia has recorded a significant “bounce-back” in renewable energy investment in the second quarter of 2017, with $1.5 billion poured into big solar and wind projects from April to June, a 77 per cent year-on-year increase.

 

Power to ease energy crisis rests with the states

The Australian, 10 July 2017

Federal, state and territory energy ministers meet this week in Brisbane under the auspices of the Council of Australian Governments’ Energy Council.

 

Tesla wades into Australia's battle over energy future: Russell

Reuters, 10 July 2017

There is a lot more riding on Tesla Inc's deal to install the world's largest grid-scale electric battery in Australia than whether Elon Musk can meet his bold commitment to finish within the 100-day deadline.

 

 

Retail & Tourism

Live local, go global: how Australian small businesses are taking on the world

The Guardian, 6 July 2017

With more than two million small and medium businesses in Australia, employing around seven million workers, we’re already a nation of entrepreneurs. But fast broadband, combined with new technologies and business models are bringing about an even more dramatic entrepreneurial shift.

 

Virgin Australia CEO John Borghetti: China is the future for us

CNBC, 5 July 2017

Virgin Australia has launched a play for the lucrative Chinese tourist market, with flights to Hong Kong beginning from Wednesday

 

Airbnb Is Bringing Tourist Dollars To Regional Australia

Your Invest Property, 5 July 2017

More than half of Airbnb’s bookings in Australia are for stays in country towns or coast resorts, according to a global survey it released on Tuesday.

 

Hotel Investment Dominated by Australia and Hong Kong During First Half Of 2017

Hotel News Resource, 4 July 2017

Hotel investors remain focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals while the long-term demand and supply is in balance. Investors also continue to seek opportunistic investments in key emerging tourism markets such as Vietnam.

 

Prepare for a mobile payment revolution among Chinese travelling shoppers, says new survey

The Moodie Davitt Report, 2 July 2017

CHINA/FRANCE. Mobile payments will soon overtake cash and credit cards as the preferred payment choice for Chinese travellers shopping abroad, according to a new survey.

 

 

China Domestic

Man, China really loves the Despicable Me movies
A.V. Club, 11 July 2017
Something about the Despicable Me movies just clicks with the people of China, who gave Despicable Me 3 the biggest-ever opening for an animated film in that country over the weekend with $20.1 million.

Mud splashing event held in Eastern China
Xinhua, 9 July 2017
Pariticipants play in a muddy puddle during an event of mud splashing in Jingdezhen, east China's Jiangxi Province, July 8, 2017

Beijing police investigate Baidu self-driving car video
China Daily, 6 July 2017
At a meeting Wednesday, Li Yanhong, Baidu's CEO, live streamed while riding in a Baidu self-driving car on Beijing's fifth ring road.

The Wild, Wild East 5 July 2017

Property

Mirvac gives away $59,400 as apartment competition heats up

SMH, 27 June 2017

Apartments with city views over the water in one of property giant Mirvac's developments are being offered to buyers at a whopping $59,400 discount on their $495,000 advertised price.

 

Regulation impact on housing investment is being felt, driving away Chinese

SA Real Estate News, 28 June 2017

Earlier this month, housing finance figures from the Australian Bureau of Statistics (ABS) confirmed that actions taken by regulators and banks to dampen investor demand for property are having a noticeable impact.

 

Non-bank lenders grab an opportunity as banks scale back loans

The Australian, 26 June 2017

A huge, regulatory-driven transformation of the property development market has opened up a significant opportunity for some conservatively managed non-bank lenders, which can now match the project muscle of a major bank.

 

Boyuan in $63m retirement villages deal

The Australian, 26 June 2017

ASX-listed Chinese property developer Boyuan Holdings has bought a collection of retirement villages and development sites in a $63 million deal as it builds out its portfolio in Australia.

 

Domain, Realestate.com.au Enter Home Loan Market

Which-50, 30 June 2017

Online property sites Domain and Realestate.com.au have both announced moves into the home financing market this week.

 

Currency & Financial
 

Is Childcare Australia’s Golden Investment Opportunity?

The Urban Developer, 27 June 2017

New government childcare rebates, coupled with a number of other well-timed market changes, have seen the Early Childhood Development and Care (ECDC) industry become an asset class to watch for astute investors.

 

Australian banks warn surprise taxes scaring away investors

Reuters, 26 June 2017

Surprise taxes levied on Australia's banking sector are frightening off potential foreign investors by creating a less stable business environment, two of the country's major banks warned.

 

Commercial yields could tighten further, AMP Capital says

The Australian, 01 July 2017

Despite a strong run-up in commercial property prices, yields could keep compressing, the boss of one of Australia’s largest wholesale property fund managers says.

 

Agriculture & Food

Gina Rinehart 'confident' of winning Chinese approval for live-cattle exports: Hancock Prospecting

ABC News, 28 June 2017

Mining magnate Gina Rinehart's company is confident it is only months away from winning Chinese Government approval to start exporting cattle to China.

 

Blackmores seeks new CEO as Christine Holgate heads to Australia Post

The Australian, 28 June 2017

Blackmores will be under pressure to name a new chief executive soon to take over the vitamin and health products company following yesterday’s announcement of the departure of CEO Christine Holgate.

 

Billionaires Andrew Forrest and Kerry Stokes enter honey business

ABC News, 01 July 2017

Billionaires Andrew Forrest and Kerry Stokes already have competing business interests in beef and resources, but now they are putting their money behind the humble bee and a growing international appreciation for the high quality of Australian honey.

 

Ex-trade minister Andrew Robb establishes $750m ag fund

The Australian, 01 July 2017

Former federal trade minister Andrew Robb is quietly raising capital from foreign investors, local trading houses and superannuation funds to build a $750 million agricultural investment fund.

 

 

Resources

BHP Minerals Australia boss laments loss of trust

The West Australian, 26 June 2017

BHP Minerals Australia boss Mike Henry says governments, big corporates and the media are facing a loss of trust, which is playing out in the rise of populism and nationalism.

 

Santos unveils ‘strategic relationship’ with China’s ENN Group and Hony Capital

The Australian, 27 June 2017

Chinese gas billionaire Wang Yusuo has increased his influence at Adelaide oil and gas company Santos, securing a board position and striking a deal that could allow him to grow his stake in the company by helping fund new LNG investment or make a full takeover offer to trump an approach from another party.

 

Clean Energy Finance Corporation makes its first foray into mining

The Australian, 27 June 2017

The Federal Government’s Clean Energy Finance Corporation has made its first mining investment, buying $US15 million of bonds to help fund the $234 million first stage of the Pilgangoora lithium-tantalum project being built by Perth’s Pilbara Minerals.

 

Rio Tinto shareholders back China bid for Australian coal assets

Financial Time, 29 June 2017

Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore.

 

 

Retail & Tourism

Don't believe the 'Amazon taking over Australia' hype: Merrill Lynch

SMH, 29 June 2017

Lagging infrastructure, sparse population and already well-developed online shopping habits mean Amazon will not upend Australia's retail sector as some have predicted, Bank of America Merrill Lynch says.  

 

Daigou craze to hit ASX as AuMake Australia parent wins approval

SMH, 30 June 2017

Investors could soon have exposure to the lucrative "daigou" trade, after the ASX gave the nod for an Australian-based business to hit the boards later this year.

 

 

China Domestic

Why Are China’s Old and Young At Each Other’s Throats?

Sixth Stone, 01 July 2017

Recently, more and more people in China have been decrying the supposed loss of morals among the elderly. This discussion originates from a short video showing a physical altercation between young basketball players and square-dancing old folks concerning who had the right to use court space in Luoyang, in central China’s Henan province.

 

China is cracking down on funny English translations

News.com.au, 27 June 2017

PUBLIC signs such as “Pee Park” and “deformed man toilet” may finally be a thing of the past as Chinese authorities crack down on poor translations known as “Chinglish”, which they believe is ruining the country’s reputation.

 

The Wild, Wild East 28 June 2017

Property

Mirvac gives away $59,400 as apartment competition heats up

SMH, 27 June 2017

Apartments with city views over the water in one of property giant Mirvac's developments are being offered to buyers at a whopping $59,400 discount on their $495,000 advertised price.

 

Regulation impact on housing investment is being felt, driving away Chinese

SA Real Estate News, 28 June 2017

Earlier this month, housing finance figures from the Australian Bureau of Statistics (ABS) confirmed that actions taken by regulators and banks to dampen investor demand for property are having a noticeable impact.

 

Non-bank lenders grab an opportunity as banks scale back loans

The Australian, 26 June 2017

A huge, regulatory-driven transformation of the property development market has opened up a significant opportunity for some conservatively managed non-bank lenders, which can now match the project muscle of a major bank.

 

Boyuan in $63m retirement villages deal

The Australian, 26 June 2017

ASX-listed Chinese property developer Boyuan Holdings has bought a collection of retirement villages and development sites in a $63 million deal as it builds out its portfolio in Australia.

 

Domain, Realestate.com.au Enter Home Loan Market

Which-50, 30 June 2017

Online property sites Domain and Realestate.com.au have both announced moves into the home financing market this week.

 

 

Currency & Financial

Is Childcare Australia’s Golden Investment Opportunity?

The Urban Developer, 27 June 2017

New government childcare rebates, coupled with a number of other well-timed market changes, have seen the Early Childhood Development and Care (ECDC) industry become an asset class to watch for astute investors.

 

Australian banks warn surprise taxes scaring away investors

Reuters, 26 June 2017

Surprise taxes levied on Australia's banking sector are frightening off potential foreign investors by creating a less stable business environment, two of the country's major banks warned.

 

Commercial yields could tighten further, AMP Capital says

The Australian, 01 July 2017

Despite a strong run-up in commercial property prices, yields could keep compressing, the boss of one of Australia’s largest wholesale property fund managers says.

 

Agriculture & Food

Gina Rinehart 'confident' of winning Chinese approval for live-cattle exports: Hancock Prospecting

ABC News, 28 June 2017

Mining magnate Gina Rinehart's company is confident it is only months away from winning Chinese Government approval to start exporting cattle to China.

 

Blackmores seeks new CEO as Christine Holgate heads to Australia Post

The Australian, 28 June 2017

Blackmores will be under pressure to name a new chief executive soon to take over the vitamin and health products company following yesterday’s announcement of the departure of CEO Christine Holgate.

 

Billionaires Andrew Forrest and Kerry Stokes enter honey business

ABC News, 01 July 2017

Billionaires Andrew Forrest and Kerry Stokes already have competing business interests in beef and resources, but now they are putting their money behind the humble bee and a growing international appreciation for the high quality of Australian honey.

 

Ex-trade minister Andrew Robb establishes $750m ag fund

The Australian, 01 July 2017

Former federal trade minister Andrew Robb is quietly raising capital from foreign investors, local trading houses and superannuation funds to build a $750 million agricultural investment fund.

 

 

Resources

BHP Minerals Australia boss laments loss of trust

The West Australian, 26 June 2017

BHP Minerals Australia boss Mike Henry says governments, big corporates and the media are facing a loss of trust, which is playing out in the rise of populism and nationalism.

 

Santos unveils ‘strategic relationship’ with China’s ENN Group and Hony Capital

The Australian, 27 June 2017

Chinese gas billionaire Wang Yusuo has increased his influence at Adelaide oil and gas company Santos, securing a board position and striking a deal that could allow him to grow his stake in the company by helping fund new LNG investment or make a full takeover offer to trump an approach from another party.

 

Clean Energy Finance Corporation makes its first foray into mining

The Australian, 27 June 2017

The Federal Government’s Clean Energy Finance Corporation has made its first mining investment, buying $US15 million of bonds to help fund the $234 million first stage of the Pilgangoora lithium-tantalum project being built by Perth’s Pilbara Minerals.

 

Rio Tinto shareholders back China bid for Australian coal assets

Financial Time, 29 June 2017

Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore.

 

 

Retail & Tourism

Don't believe the 'Amazon taking over Australia' hype: Merrill Lynch

SMH, 29 June 2017

Lagging infrastructure, sparse population and already well-developed online shopping habits mean Amazon will not upend Australia's retail sector as some have predicted, Bank of America Merrill Lynch says.  

 

Daigou craze to hit ASX as AuMake Australia parent wins approval

SMH, 30 June 2017

Investors could soon have exposure to the lucrative "daigou" trade, after the ASX gave the nod for an Australian-based business to hit the boards later this year.

 

 

China Domestic

Why Are China’s Old and Young At Each Other’s Throats?

Sixth Stone, 01 July 2017

Recently, more and more people in China have been decrying the supposed loss of morals among the elderly. This discussion originates from a short video showing a physical altercation between young basketball players and square-dancing old folks concerning who had the right to use court space in Luoyang, in central China’s Henan province.

 

China is cracking down on funny English translations

News.com.au, 27 June 2017

PUBLIC signs such as “Pee Park” and “deformed man toilet” may finally be a thing of the past as Chinese authorities crack down on poor translations known as “Chinglish”, which they believe is ruining the country’s reputation.

The Wild, Wild East 12 June 2017

Property

Property investors drunk on house price 'wealth effect' report warns
AFR, 8 June 2017

Middle-aged property investors are more likely than most Australians to be seduced into tapping rising house equity for consumption, ramping up debt to a level that threatens to become a systemic risk to the economy.
http://www.afr.com/news/economy/monetary-policy/property-investors-drunk-on-house-price-wealth-effect-report-warns-20170608-gwn6r1

 

Australia house prices 'very elevated,' ANZ chief executive says

Business Times, 6 June 2017

[SYDNEY] The chief executive of Australia & New Zealand Banking Group Ltd has joined the chorus of voices warning of risks in Australia's surging housing market, though he said the probability of an outright crash is "really low".

http://www.businesstimes.com.sg/real-estate/australia-house-prices-very-elevated-anz-chief-executive-says

 

John Holland snaps up $80m Sydney site from QIC

The Australian, 5 June 2017

Chinese-backed construction major John Holland Group is stepping up its shift into property development and has swooped on a site in Sydney where it can build a large-scale mixed-use project in a deal worth more than $80 million.

http://www.theaustralian.com.au/business/property/john-holland-snaps-up-80m-sydney-site-from-qic/news-story/406222524b8cef0f32201c6c2d6a180b

 

Australian expats caught up in federal government’s ‘foreign investor’ rule changes

Domain, 10 June 2017

The federal government’s changes for “foreign investors” will also apply to some Australian citizens who don’t live in the country, with experts warning it expats should “think twice” before selling their home.

https://www.domain.com.au/news/australian-expats-caught-up-in-federal-governments-foreign-investor-rule-changes-20170605-gwkw1h/

 

Global house prices: Australia marches up to 20th in Knight Frank index
AFR, 9 June 2017

Australia has jumped to 20th place in Knight Frank's latest global house price index, boosted by booming performances in the Sydney and Melbourne markets.
http://www.afr.com/real-estate/residential/global-house-prices-australia-marches-up-to-20th-in-knight-frank-index-20170608-gwn904


 

Currency & Financial

Australia now holds the record for a country not having a recession — 26 years

News.com.au, 7 June 2017

IT’S official, no matter what the doomsayers say and write. Australia now has not had a recession for 26 years — a new world record.

http://www.news.com.au/finance/economy/australian-economy/australia-now-holds-the-record-for-a-country-not-having-a-recession-26-years/news-story/2d87129f76c43056f2b1a250723203ec

 

CME Group says slowing China, high debt pose risks for the Australian dollar

SMH, 8 June 2017

From its lows of below US50¢ in 2001 to its highs of $US1.10 in 2015,the Aussie dollar's trading range has been "gigantic", CME Group senior economist Erik Norland marvels.

http://www.smh.com.au/business/markets/cme-group-says-slowing-china-high-debt-pose-risks-for-the-australian-dollar-20170608-gwn79s.html

 

A financial crisis in China could also take down Australia

ABC News, 8 June 2017

Australia managed to survive the global financial crisis with the help of a huge stimulus program from China.

http://www.abc.net.au/news/2017-06-08/china-debt-may-cause-next-australian-financial-crisis/8602086

 

Agriculture & Food

Qatar's sovereign wealth fund to sell more Australian farming assets
AFR, 7 June 2017

Hassad Food – owned by Qatar's sovereign wealth fund the Qatar Investment Authority – is moving to sell more of its 13-strong rural property portfolio across five states acquired since 2010 to provide food production for the tiny Middle Eastern nation.
http://www.afr.com/real-estate/qatars-sovereign-wealth-fund-to-sell-more-australian-farming-assets-20170606-gwm079

 

Gina Rinehart ushers in a new Kidman cattle era with big plans for Australia's most famed pastoral estate

ABC News, 4 June 2017

From mine dust to bulldust, Australia's richest businesswoman Gina Rinehart takes it all in her stride as she shows the ABC around Helen Springs Station in the Northern Territory.

http://www.abc.net.au/news/2017-06-04/gina-rinehart-ushers-in-a-new-kidman-cattle-era/8586540


 

Resources

AGL to build "rapid response" power station in Adelaide

INDAILY, 7 June 2017

AGL will build a $295 million power station near Torrens Island in Adelaide which will be able to provide a "rapid response" to fluctuations in the renewable energy supply.

http://indaily.com.au/news/2017/06/07/agl-to-build-rapid-response-power-station-in-adelaide/

 

Australian energy explorer to invest in California gas discovery

Australian Mining, 5 June 2017

Magnum Gas and Power has entered into a Letter of Intent (LOI) with Gasfields LLC to farm in to the Tulainyo high-pressure gas project in California’s Sacramento Basin.

https://www.australianmining.com.au/oil-gas/australian-energy-explorer-invest-california-gas-discovery/

 

Australia’s high-cost power a stark contrast to US prices

The Australian, 5 June 2017

As US Secretary of State Rex Tillerson and Secretary of Defence James Mattis land in Australia they will find a country that has taken a completely different path to their homeland.

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/australias-highcost-power-a-stark-contrast-to-us-prices/news-story/c7110752116b7b74f5f72327407705eb

 

Coles steps up investment to back its ‘Down Down’ cheaper prices push

The Australian, 7 June 2017

Coles says it won’t allow rival Woolworths to steal a march on it when it comes to offering low grocery prices to shoppers, and will accelerate a $65 million investment in prices made in the first half to as much as triple through the second half of 2017.

http://www.theaustralian.com.au/business/companies/coles-steps-up-investment-to-back-its-down-down-cheaper-prices-push/news-story/4f555c100caf70e732c4856257ccce4e

 

Rio Tinto bidding war: Glencore offers US$100m more for Australian coalmines

The Guardian, 11 June 2017

A multibillion-dollar bidding war for most of Rio Tinto’s Australian coalmines has broken out between China-backed Yancoal and Glencore after the Swiss commodities company made an unexpected offer.

https://www.theguardian.com/business/2017/jun/11/rio-tinto-bidding-war-glencore-offers-us100m-more-for-australian-coalmines

 

 

Retail & Tourism

Malls feel tremors from Amazon

The Australian, 6 June 2017

Real estate groups heavily exposed to Amazon’s entry into Australia have been hit by investor fears that older shopping centres will be decimated by the online giant, but some players will suffer more than their more agile rivals.

http://www.theaustralian.com.au/business/property/malls-feel-tremors-from-amazon/news-story/45364b88125453226b04f67e7c9bf9c2

 

Chinese e-commerce giant JD.com is developing a drone that can deliver packages weighing as much as one ton

CNBC, 10 June 2017

China's second largest e-commerce giant is developing a drone that can deliver packages weighing as much as one metric ton throughout rural areas of the country, according to JD.com's Chief Technology Officer (CTO).

http://www.cnbc.com/2017/06/08/e-commerce-jdcom-alibaba-amazon-drone-delivery-china-asia-technology.html

 

China dream still alive with ANZ hungry for institutional growth

The Australian, 9 June 2017

As ANZ’s board visited Beijing and Shanghai this week with a special focus on online commerce, chief executive Shayne Elliott stressed that while the bank was selling down its retail presence in Asia, “we haven’t lost ambition” for institutional growth in the region.

http://www.theaustralian.com.au/business/financial-services/china-dream-still-alive-with-anz-hungry-for-institutional-growth/news-story/d8f83d1ce9dc1aab0bd51fcbb881ab1d

 

A Word of Caution: Choose Your China Ambassadors Wisely

Business of Fashion, 2 June 2017

SHANGHAI, China — All eyes were on Dior in May when Maria Grazia Chiuripresented her first cruise collection for the French luxury house. Set in the Santa Monica hills in Los Angeles, guests ranged from Rihanna to Charlize Theron to Chiara Ferragni. But one expected face was notably absent: Angela Yeung Wing, better known as Angelababy.

https://www.businessoffashion.com/articles/china-edit/angelababy-dior-brands-warning-ambassadors-china

 

 

China Domestic

Mark Zuckerberg read this book to understand China — here's what it's about

Business Insider, 10 June 2017

This post is part of Blinkist's books-in-blinks series. The series provides key messages from books that you might not have time to read in their entirety.

http://www.businessinsider.com/mark-zuckerberg-read-this-book-to-understand-china-2017-6

 

China app WeChat to fight fake news

The Australian, 11 June 2017

China's popular social media app WeChat has launched a new feature that warns users if a news item circulating on its accounts is false.

http://www.theaustralian.com.au/news/latest-news/china-app-wechat-to-fight-fake-news/news-story/eb232812fd4a6de3fc063d5388584747

 

China’s youngest female billionaire Zetian Zhang lists The Rocks penthouse for $18 million

Domain, 9 June 2017

Finding the time to get to your holiday home is hard enough when it’s an 11-hour flight away, even for one of China’s richest couples, e-commerce billionaire Richard Liu and his young wife Zetian Zhang.

https://www.domain.com.au/news/chinas-youngest-female-billionaire-zetian-zhang-lists-the-rocks-penthouse-for-18-million-20170609-gwm0hn/

The Wild, Wild East 5 June 2017

Property

NSW to hit foreign buyers with higher property taxes

The Australian, 1 June 2017

Foreign property investors will be slapped with higher fees and taxes under proposed changes by the NSW government that are expected to raise billions of dollars to help first-home buyers.

http://www.theaustralian.com.au/national-affairs/state-politics/nsw-to-hit-foreign-buyers-with-higher-property-taxes/news-story/cb99920434e9234d11957a6a49876234

 

Foreign banks push to fund property

AFR, 30 May 2017

Commercial property funding from foreign lenders has surged more than 13 per cent in the past year even as Australia's major banks have scarcely increased their exposure to the sector.

http://www.afr.com/real-estate/foreign-banks-push-to-fund-property-20170530-gwg7ti


Value of foreign investment in real estate revealed

The Adviser, 1 June 2017

A new report has highlighted the positive impact foreign investment has on real estate and the economy, calling on politicians to stop “decrying” its influence.

https://www.theadviser.com.au/breaking-news/36147-value-of-foreign-investment-in-real-estate-revealed

 

Property heavyweights get in the ring with Canberra over changes to foreign investment

The Australian, 30 May 2017

The property industry will throw new force into its campaign against budget changes that ­“demonise” foreign investors, as company chiefs arrive in Canberra today to warn of a hit to jobs and growth from populist reforms.

http://www.theaustralian.com.au/business/property/property-heavyweights-get-in-the-ring-with-canberra-over-changes-to-foreign-investment/news-story/26e05c18323d26c586c8cadd436b502a

 

Shanghai United to invest A$1bn in Australia real estate

Financial Times, 4 June 2017
Shanghai United Real Estate, a little-known Chinese property developer, is planning to invest more than A$1bn in Australia, shrugging off economists’ growing concerns about the emergence of a possible “housing bubble” in the main cities. 

https://www.ft.com/content/f89e81d6-4762-11e7-8519-9f94ee97d996

 

 

Currency & Financial

Aussie fund managers face global onslaught of low-cost, passive investments

SMH, 1 June 2017

One of the world's last havens for fund managers is coming under siege.

http://www.smh.com.au/business/banking-and-finance/aussie-fund-managers-face-global-onslaught-of-lowcost-passive-investments-20170531-gwhq7m.html

 

Australia’s Investment Market A Titan Of Industry

The Urban Developer, 1 June 2017

A new report by global property services firm JLL has revealed that Australia achieved the second highest industrial investment activity in Asia Pacific in 2016, behind Japan.

https://www.theurbandeveloper.com/australias-investment-market-titan-industry/

 

Australian Dollar Remains Vulnerable To China Data

Daily FX, 3 June 2017

A versatile actor on the currency stage, the Australian Dollar plays many different roles. The trick this week will be to know which one it will play and when.

https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2017/06/03/Australian-Dollar-Remains-Vulnerable-To-China-DatatofDC.html

 

Australia Q1 business investment rises, April retail sales shine

Reuters, 1 June 2017

SYDNEY, June 1 Australian business investment rose modestly in January-March after four straight declining quarters while April's retail sales rebounded vigorously from a tepid start to the year.

http://www.reuters.com/article/australia-economy-retail-idUSL3N1IY1VM

 

 

Agriculture & Food

This little piggy went to market ... in China

The Australian, 29 May 2017

Being on the front foot preparing for change is a credo Queensland farming brothers Aaron and Scott Scheid are determined to practice.

http://www.theaustralian.com.au/business/this-little-piggy-went-to-market-in-china/news-story/9c2a233561296a76403b41f55c31a748


$1bn China chilled beef trade advantage at risk, Austrade says

The Australian, 1 June 2017

Australia’s top trade official Stephanie Fahey has confirmed the country’s advantage over China’s chilled beef market, potentially worth $1bn, is at risk due to a new US trade deal.

http://www.theaustralian.com.au/news/nation/1bn-china-chilled-beef-trade-advantage-at-risk-austrade-says/news-story/87ab473c0096ef5ff95d8a3f5860e4e5

 

Chinese-Australian entity revealed as buyer for Elders live export subsidiary, North Australia Cattle Company

ABC News, 1 June 2017

Agribusiness Elders has officially divested from the live export business, with the announcement of a buyer for its live export logistics business, North Australian Cattle Company (NACC).

http://www.abc.net.au/news/rural/rural-news/2017-06-01/elders-exits-live-exports-ncaa-sale/8578456

 

Chinese told to saddle up with Aussie ag partners

Queensland Country Life, 29 May 2017

Australians are not strongly xenophobic about Chinese investors buying into our farm sector, but many mistakenly fear the newcomers will degrade the land and put profits ahead of local communities and workers.

http://www.queenslandcountrylife.com.au/story/4682889/chinese-told-to-saddle-up-with-aussie-ag-partners/?cs=4699

 

China to Remain Key Market for Australian Macadamia Nuts in 2017

Produce Report, 4 June 2017

Produce Report conducted an interview with the CEO of the Australian Macadamia Society Jolyon Burnett and discussed the upcoming 2017 growing season, the importance of China as a market for Australian macadamia exports, and current marketing activities in China.

http://www.producereport.com/article/china-remain-key-market-australian-macadamia-nuts-2017

 

 

Resources

Donald Trump's climate decision won't stop shift to clean energy in Australia
AFR, 2 June 2017

Just as president Donald Trump was announcing a US withdrawal from the Paris agreement on climate on climate change, two Melbourne energy executives were preparing to announce the boldest renewable energy proposal Australia has yet seen.
http://www.afr.com/business/energy/electricity/donald-trumps-decision-wont-stop-the-shift-to-clean-energy-in-australia-20170601-gwhz4d


Coal is dead: claims US Investment group

Energy Matters, 1 June 2017

A US investment firm has announced interest in investing in Australian renewable energy while expressing a negative view towards continued investments in coal, effectively saying that coal is dead.

http://www.energymatters.com.au/renewable-news/coal-dead-investment-group-em6063/

 

Energy debate flares as business warns of more closures
AFR, 30 May 2017

The Turnbull government has moved to pre-empt the findings of its chief scientist on energy market reform by ruling out an emissions intensity scheme and giving the green light to the Clean Energy Finance Corporation to invest in carbon capture and storage technology.
http://www.afr.com/news/energy-debate-flares-as-business-warns-of-more-closures-20170529-gwfy84

 

Lower costs, greater investment produces record year for Australian renewable energy

SBS, 30 May 2017

The renewable energy industry says 2017 is shaping up as a bumper year for clean energy production in Australia, due to plunging costs and greater investment confidence.

http://www.sbs.com.au/news/article/2017/05/30/lower-costs-greater-investment-produces-record-year-australian-renewable-energy


'Rocketing': Australia's clean energy rebounds from setbacks, heads for record year

SMH, 30 May 2017

Australia's clean energy sector is heading for a record year for new solar and wind farms, generating thousands of jobs in regional areas and bringing the 2020 Renewable Energy Target within range.

http://www.smh.com.au/environment/energy-smart/rocketing-australias-clean-energy-rebounds-from-setbacks-heads-for-record-year-20170529-gwfgzb.html

 

 

Retail & Tourism

Air China plans Melbourne-Shenzhen service

Australian Aviation, 29 May 2017

Air China is adding a third route from Melbourne with three flights a week to Shenzhen starting on June 20 with Airbus A330-200s.

http://australianaviation.com.au/2017/05/air-china-plans-melbourne-shenzhen-service/

 

Amazon's entry to Australia will disrupt online sellers and bricks and mortar: experts

SMH, 2 June 2017

The arrival of Amazon to Australia is likely to have a big impact on other online retailers and if they are not competitive they could perish, according to retail experts.

http://www.smh.com.au/business/property/amazon-to-impact-online-sellers-as-much-as-bricks-and-mortar-20170601-gwifp7.html

 

Five Ways to Stop Duplicates of YOUR Product from Being Sold on Amazon

China Law Blog, 31 May 2017

American and European companies that have their consumer products made in China constantly have to contend with their own products or a counterfeit of their own products showing up on Amazon.

http://www.chinalawblog.com/2017/05/five-ways-to-stop-duplicates-of-your-product-from-being-sold-on-amazon.html?utm_source=Dan+Harris+-+China+Law+Blog&utm_campaign=4efb97171e-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_39bc6c6bdc-4efb97171e-72894641

 

Chinese Shoppers Are Flush With Hidden Income and Ready to Spend

Bloomberg, 23 May 2017

Chinese consumers may have a lot more cash at their disposal than previously thought -- and they’re ready to flash it.

https://www.bloomberg.com/news/articles/2017-05-23/chinese-shoppers-are-flush-with-hidden-income-and-ready-to-spend

 

Chinese Influencers are Proving a Hot Commodity Among Western Luxury Brands

The Fashion Law, 24 May 2017

Zhang Dayi, Papi Jiang, Wang Tao, Fil Xiaobai, twins Viviandan and Miumiu, Ma Jianguo, Angelababy, and Aikeli Li. While these names may not mean much – or anything at all – to the average Western consumer, they wield a wild amount of influence in Eastern markets, and these Chinese influencers are giving their western counterparts a run for their money.

http://www.thefashionlaw.com/home/chinese-influencers-are-proving-a-hot-commodity-among-western-luxury-brands

 

 

China Domestic

Culture Insider: Children's games in ancient China

China Daily, 1 June 2017

During ancient times, children didn't have smart phone, iPad or computer to entertain them. Instead, they came up with interesting games to play in their childhood. Let's take a look.

http://www.chinadaily.com.cn/culture/2017-06/01/content_29576316.htm

 

Bicycles are eating the lunch of China’s dominant car-sharing app

South China Morning Post, 28 May 2017

The number of bicycle-sharing users in China will more than double to 50 million by the end of 2017, from 18 million a year ago, according to a forecast.

http://www.scmp.com/business/article/2095975/bicycles-are-eating-lunch-chinas-dominant-car-sharing-app

 

Gaokao reform helps relieve stress

China Daily, 5 June 2017

Eighteen-year-olds in Shanghai and neighboring Zhejiang province who are taking this year's gaokao will have the task half finished even before the highly competitive college entrance exam begins this week.

http://www.chinadaily.com.cn/china/2017-06/05/content_29614713.htm

The Wild, Wild East 29 May 2017

Property

'Limited English, unlimited bank accounts': Chinese investors are snapping up 25% of all new properties on the market - and 20% are left EMPTY

Daily Mail, 22 May 2017

Chinese investors are snapping up a quarter of new properties on the market as younger, cashed-up buyers arrive.
http://www.dailymail.co.uk/news/article-4529174/Rich-Chinese-investors-buying-25-cent-new-homes.html

 

Bank levy could trigger housing market downturn

AFR, 22 May 2017

A slowdown in Australia's highly-indebted housing market could come in the second half of the year if banks raise their rates to pass the cost of the $6 billion banking levy to consumers.
http://www.afr.com/real-estate/bank-levy-could-trigger-housing-market-downturn-20170519-gw91xq

 

 

The great housing affordability crisis? It’s ‘horse s—‘, says property analyst

Domain, 24 May 2017

Australia’s great housing affordability crisis is nothing but “horseshit”, according to a property analyst.

https://www.domain.com.au/news/the-great-housing-affordability-crisis-its-horseshit-says-property-analyst-20170524-gwc8l6/

 

Chinese credit controls put clamp on property

The Australian, 25 May 2017

The efforts by Chinese authorities to control credit growth have contributed to a 60 per cent fall in foreign investment in Australian real estate, Treasury believes.

http://www.theaustralian.com.au/business/markets/chinese-credit-controls-put-clamp-on-property/news-story/9d40204d395a41759e6d29a5262cafce

 

Is Australia’s property market overheating?

The Economist, 25 May 2017

A “BUBBLE” is how the secretaries to the Treasury and the Australian Securities and Investments Commission have described it. A former head of the Liberal party thinks it a “crisis”. Even the Reserve Bank of Australia admits that there has been a “build-up of risks associated with the housing market”.

http://www.economist.com/blogs/economist-explains/2017/05/economist-explains-22

 

 

Currency & Financial

Belt and Road firms need to get engaged, says Aussie expert

The Australian, 22 May 2017

Australian businesses are “a bit arrogant and domestically focused” and “need to get more proactive and engaged” to climb on board China’s Belt and Road Initiative, one of Australia’s leading experts on BRI said in Beijing yesterday.

http://www.theaustralian.com.au/business/belt-and-road-firms-need-to-get-engaged-says-aussie-expert/news-story/07ee5f61e3fd441b931cd596624e9d21

 

China credit rating downgraded by Moody's, Australian dollar falls

ABC News, 24 May 2017

China's credit rating has been cut one notch by Moody's due to the rising debt needed to keep the economy growing.

http://www.abc.net.au/news/2017-05-24/china-credit-rating-downgraded-by-moody27s-aud-falls/8555162

 

A reality check for China

The Australian, 25 May 2017

As the Chinese government was still basking in the glorious launch of President Xi Jinping’s Belt and Road Initiative, a torpedo was stealthily and inexorably locked on to its image of economic unsinkability.

http://www.theaustralian.com.au/business/opinion/rowan-callick/a-reality-check-for-china/news-story/648f73eae7a0c8b1cb06dd437adb083e

 

AMP bucks the trend with China pension push

AFR, 25 May 2017

AMP chief executive Craig Meller let the two executives running his China joint ventures make the opening presentations at the company's strategy day on Thursday. 
http://www.afr.com/brand/chanticleer/amp-bucks-the-trend-with-china-pension-push-20170525-gwcocb

 

 

Agriculture & Food

Ag start-ups crying out for investment boost

By Neil Lyon, 22 May 2017

There is an urgent need to build capacity and ‘deal flow’ if innovative start-up businesses in the Australian agricultural sector are to have any chance of becoming successful companies, according to SproutX and Agri Innovation general manager at Findex, Sam Trethewey.

https://www.beefcentral.com/news/ag-start-ups-crying-out-for-investment-boost/

 

Chinese, woolgrowers ditch auction to trial long-term deal

The Australian, 27 May 2017

China’s most powerful wool companies are starting a trial to buy wool directly from some of Victoria’s biggest woolgrowers under long-term fixed-price contracts.

http://www.theaustralian.com.au/business/chinese-woolgrowers-ditch-auction-to-trial-longterm-deal/news-story/fbce57ef465b3d327e0d7512f64b432c

 

Chinese entrepreneur goes whole hog on Aussie wine, ambassador and all
AFR, 26 May 2017

Former ambassador to China, Geoff Raby, served plenty of high quality wine to guests at the Australian embassy in Beijing but nothing quite like the wine that sold like hot cakes in China last year.
http://www.afr.com/business/chinese-entrepreneur-goes-whole-hog-on-aussie-wine-ambassador-and-all-20170525-gwdihk

 

Australian olive oil producers use QR codes to reassure Chinese of authenticity

ABC News, 15 May 2017

Chinese consumers of specially marked Australian Olive Oil will soon be able to scan a label on the bottle to confirm its authenticity and meet the producer via a personalised video.

http://www.abc.net.au/news/rural/2017-05-15/authentic-australian-olive-oil-uses-qr-codes-as-proof/8525382

Resources

China coal imports from Russia, Australia rise in April after ban on N.Korea cargoes

Reuters, 23 May 2017

BEIJING (Reuters) - China's coal imports from Australia jumped 44.6 percent in April from a year earlier to 8.3 million tonnes, the highest since August 2016, data from the General Administration of Customs showed.

https://www.reuters.com/article/china-economy-coal-north-korea-idUSL4N1IP2PN

 

CBA says demand for Australian iron ore and coking coal will continue to increase

Business Insider Australia, 22 May 2017

Global steel production hit the highest levels on record in March, led by growth in China and India, according to data released by the World Steel Association.

http://www.businessinsider.com/cba-says-demand-for-australian-iron-ore-and-coking-coal-will-continue-to-increase-2017-5

 

Australia invests $20 million in solar PV research and development

Climate Action, 23 May 2017

The Australian Renewable Energy Agency (ARENA) will commit AUS$20 million towards the research and development of solar photovoltaic (PV), in a bid to make solar more affordable, efficient, and competitive.

http://www.climateactionprogramme.org/news/australia-invests-20-million-in-solar-pv-research-and-development

 

Retail & Tourism

Evolution Health probiotic sales soar in China

The Australian, 22 May 2017

Sales of probiotics in China have soared for family-owned Australian company Evolution Health after climbing 350 per cent in the past financial year, with overall income reaching $35.5 million.

http://www.theaustralian.com.au/business/evolution-health-probiotic-sales-soar-in-china/news-story/37ea8b0cb4227eff41f8524083333ebb

 

Chinese developers snap up storied Double Bay hotel

The Australian, 26 May 2017

The luxury InterContinental Hotel in Sydney’s glitzy Double Bay, a property best known for its association with the late INXS rocker Michael Hutchence, has been sold by its Singaporean owners to a pair of Chinese multinationals for about $140 million.

http://www.theaustralian.com.au/business/property/chinese-developers-snap-up-storied-double-bay-hotel/news-story/07d40beb7319e9d9109126e01766135e

 

Northern Territory continues to wait for direct flights to China

The Daily Telegraph, 27 May 2017

A HUGE boost in Chinese travellers to Australia has strengthened the case for direct flights from the Territory.

http://www.dailytelegraph.com.au/news/northern-territory-continues-to-wait-for-direct-flights-to-china/news-story/fe6bd5855428ab6f283ff6989117337e

 

Forget the food and scenery, Chinese turn to Tasmania for romance
AFR, 26 May 2017

"The whole island resembles the shape of a heart," says Beijing-based Chinese investor William Wei who has acquired three luxury bed and breakfasts in Tasmania for $20 million, with plans to turn them into wedding retreats.

http://www.afr.com/real-estate/forget-the-food-and-scenery-chinese-turn-to-tasmania-for-romance-20170523-gwbkd4

 

 

China Domestic

Dragon Boat Festival: traditions, delicacies and photos

China Daily, 28 May 2017

http://www.chinadaily.com.cn/culture/2017dragonboatfestival.html

 

Shanghai dragon boat races draw crowds

China Daily, 28 May 2017

The two-day Phicomm Cup China Dragon Boat Open 2017 started in Shanghai on Saturday with competitors from home and abroad and hundreds of spectators. It's being held during the same time as the 14th Shanghai International Suzhou Creek Dragon Boat Invitation Tournament.

http://www.chinadaily.com.cn/china/2017-05/28/content_29537623.htm

 

程序员掉入传销组织用“代码”求救 同事秒懂

网易新闻,2017525

Mr. Zhang, a software engineer sent SOS in a coding program to his colleagues in Nanjing for help after being caught by an illegal pyramid selling organization in Tianjin. Fortunately his colleagues got his signals at once and managed to save him.

南京日报消息,南京一家大型软件企业的年轻程序员小张(化名)万万没有想到,当他被传销组织控制、几近绝望之时,自己尝试利用计算机“代码”向同事传递求救信息,他的程序员同事们竟然“秒懂”,并赴天津协助警方,将他成功解救出来。

http://news.163.com/17/0525/07/CL90A9DR00018AOR.html

The Wild, Wild East 22 May 2017

Property

Sydneysiders have a 'deep-seated' fear of foreign buyers

AFR, 17 May 2017

A survey by The University of Sydney finds the majority of Sydneysiders continue to have a "deep-seated fear" that house prices are being driven up by foreign buyers.

http://www.afr.com/real-estate/sydneysiders-have-a-deepseated-fear-of-foreign-buyers-20170517-gw6ml8


Poly Australia wins approval for Circular Quay tower

The Australian, 18 May 2017

Poly Australia, the local arm of Chinese developer Poly Real Estate, has won approval to develop an A-grade office tower near Circular Quay in the Sydney CBD.

http://www.theaustralian.com.au/business/property/poly-australia-wins-approval-for-circular-quay-tower/news-story/8ac0e2d8f8c2d933f643a44eccecae5c


CBA quadruples deposits needed for interest-only property buyers

AFR, 19 May 2017

Commonwealth Bank of Australia, the nation's biggest property lender, is set to announce bigger deposits, smaller discounts and the scraping of some rebates in a bid to discourage borrowers from applying for interest-only loans. 

http://www.afr.com/brand/special_reports/private_banking/cba--deposits-needed-for-interestonly-property-buyers-20170518-gw7uxh

 

Sydney, Melbourne property market fires back up as auction clearance rates surge
AFR, 21 May 2017

Clearance rates surged in Sydney and Melbourne on the sixth biggest auction weekend of the year, suggesting talk of a downturn in the housing market may be premature.

http://www.afr.com/real-estate/residential/sydney-melbourne-property-market-fires-back-up-as-auction-clearance-rates-surge-20170519-gw8okg

 

Currency & Financial

JPMorgan Australia boss Rob Priestley passes baton, takes chairman role

AFR, 16 May 2017

JPMorgan's chief executive officer Rob Priestley is stepping down after 15 years in the top job.
http://www.afr.com/business/banking-and-finance/financial-services/jpmorgan-australia-boss-rob-priestley-passes-baton-takes-chairman-role-20170516-gw5xvn

 

Agriculture & Food

Foreign investment in Australia’s agricultural land hits $4.6b

The Weekly Times, 16 May 2017

INVESTMENT in Australia’s agricultural land has soared to $4.6 billion, with the bulk of that coming from the US.

http://www.weeklytimesnow.com.au/news/national/foreign-investment-in-australias-agricultural-land-hits-46b/news-story/c031eed0c07ae865379346f1e524823d

 

Chinese investors in Australian farms urged to win a 'social licence'

SMH, 18 May 2017

Chinese investors wanting to buy Australian farms or agribusinesses must obtain "broad community approval" if they want to operate in Australia, according to a new report to be released in Beijing on Thursday.

http://www.smh.com.au/business/chinese-investors-in-australian-farms-urged-to-win-a-social-licence-20170517-gw6smc.html

 

American beef will compete with Australian exports as the Chinese market opens up

ABC News, 17 May 2017

Australian beef will compete with American exports as the Chinese market opens up to the US, for the first time in 13 years.

http://www.abc.net.au/news/rural/2017-05-17/us-beef-to-compete-with-australian-product-in-china/8532936

 

PHOTOS: This Australian winery has opened a massive 'chateau' as a cellar door in China

Business Insider Australia, 16 May 2017

Barossa Valley winery, Seppeltsfield, best known for its 100-year-old Para Tawny (they have every vintage back to 1878) opened a wine ‘chateau’ in China on the weekend.

https://www.businessinsider.com.au/photos-this-australian-winery-has-opened-a-massive-chateau-as-a-cellar-door-in-china-2017-5

 

Infant formula market: a2 Milk rockets but may face regulatory risks in China

AFR, 21 May 2017

For those investors looking for exposure to China's booming infant formula market, a2 Milk Company, which has rocketed over this past year to become a $2.34 billion company, is the hot ticket in town.
http://www.afr.com/business/retail/fmcg/infant-formula-market-a2-milk-rockets-but-may-face-regulatory-risks-in-china-20170517-gw734p



Resources

Australia's annual investment in LNG is about to drop to just 20% of its peak

Business Insider Australia, 17 May 2017

Australia’s investment in liquefied natural gas (LNG) projects is unlikely to exceed $10 billion annually in the future, down from the $50 billion peak reached in 2013, UBS said.

https://www.businessinsider.com.au/ubs-australias-annual-investment-in-lng-is-about-to-drop-to-just-20-of-its-peak-2017-5

 

 

Retail & Tourism

Rising incomes drive more frequent Chinese travel

Travel Daily, 8 May 2017

Chinese travellers now have the means and desire to travel, and the vast majority expect to do so more often in future.

http://www.traveldailymedia.com/250239/rising-incomes-to-drive-more-frequent-chinese-travel/

 

Why Western brands need to abandon outdated ideas and embrace modern China

The Drum, 11 May 2017

Western brands risk alienating China’s young, modern consumers with campaigns that miss the mark culturally and play to Western clichés of the country, according to marketing experts.

http://www.thedrum.com/news/2017/05/11/why-western-brands-need-abandon-outdated-ideas-and-embrace-modern-china

 

Cuckoo Clocks for $700 Show China Consumers’ Growing Money Power

Bloomberg, 11 May 2017

Nine handmade cuckoo clocks from Germany’s Black Forest region were a big hit at China’s Canton Fair in Guangzhou last week. Priced at as much as 5,000 yuan ($724) each, the high-end timepieces sold out in an hour. 

https://www.bloomberg.com/news/articles/2017-05-10/-700-cuckoo-clocks-show-china-consumers-growing-money-power

 

 

China Domestic

The country where 70% of millennials are homeowners

BBC News, 6 April 2017

If you're aged 19-36 and don't own your home, you're probably not reading this in China. 

While young people around the world are struggling to get on the property ladder, an HSBC study found that 70% of Chinese millennials have achieved the milestone.

http://www.bbc.com/news/world-39512599

 

Xi'an company pays employees 100 yuan for every 1 kg of weight they lose

Shanghaiist, 12 May 2017

To motivate employees into getting into better shape, a consulting company in Xi'an is rewarding its office workers for slimming down with cold hard cash.

http://shanghaiist.com/2017/05/12/weight-loss-bonus.php

 

Chinese mother who refused to give up disabled son nurtures him all the way to Harvard

South China Morning Post, 16 May 2017

A man who was born disabled in central China has defied expectations by being admitted to the elite Harvard University in the United States.

http://www.scmp.com/news/china/society/article/2094506/chinese-mother-who-refused-give-disabled-son-nurtures-him-all-way

 

The Wild, Wild East 15 May 2017

Property

Chinese property buyers lead foreign investors in Australia - report

Reuters, 9 May 2017

Australia approved foreign investments worth almost a third more in fiscal 2016 than the previous year, as more Chinese buyers piled into the already red-hot residential property market, government data published on Tuesday showed.

http://www.reuters.com/article/australia-property-idUSL4N1IB30D

 

House prices fall again as investment loans drop to lowest level in 10 months

SMH, 15 May 2017

Home loans to investors have fallen to the lowest level in 10 months following a regulatory clampdown and the Turnbull government's efforts to cool the Sydney and Melbourne housing market.

http://www.smh.com.au/business/the-economy/home-loan-approvals-fell-05-in-march-20170515-gw4yfg.html

 

Foreign real estate investment jumps 19%

Australian Broker, 15 May 2017

Although foreign investment approvals in real estate continue their upward trend, the resultant effect on property prices in Australia’s two biggest capitals has remained modest, a new government paper has found.

http://www.brokernews.com.au/news/breaking-news/foreign-real-estate-investment-jumps-19-236319.aspx

 

Housing margins to soften but house prices won't crash: Frasers Property

AFR, 11 May 2017

Residential sales margins will soften but house prices will not "crash" despite a cooling in the housing market, Frasers Property Australia management said during a half-year update.

http://www.afr.com/real-estate/housing-margins-to-soften-but-house-prices-wont-crash-frasers-property-20170510-gw17j9


Chinese Real Estate Says FIRB Has Nothing To Worry About

The Urban Developer, 10 May 2017

The new Foreign Investment Review Board annual report was recently released, giving the impression that foreign investment is going right where Australia wants it.

https://www.theurbandeveloper.com/foreign-investment-report-chinese-activity-australia/

 

Budget 2017: Foreign property investors hit hard in budget
AFR, 9 May 2017

Foreign buyers of property will be hit with increased taxes and charges of more then $600 million over the next four years in an effort the government says will help reduce housing affordability pressures.

http://www.afr.com/news/policy/budget/budget-2017-foreign-property-investors-hit-hard-in-budget-20170509-1nxv42


Sydney, Melbourne luxury housing markets record slower growth

The Australian, 10 May 2017

Sydney and Melbourne have slipped in a global ranking of the world’s fastest-growing luxury housing markets, their slightly slower growth outpaced by soaring demand in key Chinese cities.

http://www.theaustralian.com.au/business/property/sydney-melbourne-luxury-housing-markets-record-slower-growth/news-story/941bc6e1c539b1c05eddf46829c9260c

 

Currency & Financial

China's Rise and Its Impact on Australia

Bloomberg, 10 May 2017

Bates Gill, professor of APAC strategic studies at Australian National University, discusses the China-Australia trade relationship, the rise of populism and where he sees their relationship going. He speaks on "Bloomberg Markets: Asia." 

https://www.bloomberg.com/news/videos/2017-05-09/china-s-rise-and-its-impact-on-australia-video

 

Sequoia and Gobi hunting Aussie start-ups following Airwallex round

AFR, 8 May 2017

Big name Chinese venture capital firms are hunting for Australian tech start-ups to invest in, targeting firms in the fintech, agricultural and medical technology sectors.
http://www.afr.com/technology/sequoia-and-gobi-hunting-aussie-startups-following-airwallex-round-20170501-gvw6c2


Chinese Real Estate Says FIRB Has Nothing To Worry About

The Urban Developer, 10 May 2017

The new Foreign Investment Review Board annual report was recently released, giving the impression that foreign investment is going right where Australia wants it.

https://www.theurbandeveloper.com/foreign-investment-report-chinese-activity-australia/

 

Agriculture & Food

China’s growing appetite for protein drives beef boom

The Australian, 10 May 2017

The mining boom may be over but Australia’s beef cattle bonanza appears to be continuing ­unabated.

http://www.theaustralian.com.au/news/inquirer/chinas-growing-appetite-for-protein-drives-beef-boom/news-story/b2ea1065fc9504b48b80707ee7cd739d

 

Cattle queen Gina Rinehart turns her focus to China with new deal

The Australian, 8 May 2017

Last year, Gina Rinehart claimed the position of Australia’s cattle queen; now her agribusiness ambitio­n is firmly international, with plans under way to develop the nation’s live cattle trade into a $2 billion industry. 

http://www.theaustralian.com.au/business/companies/cattle-queen-gina-rinehart-turns-her-focus-to-china-with-new-deal/news-story/3142ed3f5639d48ca7c93a75854368f2

 

China's taste for Aussie beef a blessing for industry

Xinhua, 11 May 2017

CANBERRA, May 11 (Xinhua) -- A continually growing demand for Australian cattle from China is likely to make the industry going from strength to strength, according to experts who are lauding China's taste for Aussie beef.

http://news.xinhuanet.com/english/2017-05/11/c_136274009.htm

 

Resources

Australian investment in renewables hit all-time high in 2016

Renewable Energy Magazine, 11 May 2017

Australian investment in renewable energy hit an all time high last year according to the Clean Energy Regulator Report for 2016. According to the report 86 of the 98 new power plants accredited in 2016 were solar power plants.

http://www.renewableenergymagazine.com/panorama/australian-investment-in-renewables-hit-alltime-high-20170511

 

 

Retail & Tourism

Air China announces direct service between Melbourne and Shenzhen

Australia Business Review, 12 May 2017

Air China, the official carrier of the People's Republic of China, today announced that a direct service between Melbourne and Shenzhen will commence on 20 June 2017.

http://www.businessreviewaustralia.com/technology/2401/Air-China-announces-direct-service-between-Melbourne-and-Shenzhen

 

We can’t be late to this party, says Broomhead

The Australian, 12 May 2017

The Turnbull government ­appears to have decided Australia will watch how the Belt and Road Initiative develops before committing to formal participation.

http://www.theaustralian.com.au/news/inquirer/we-cant-be-late-to-this-party-says-broomhead/news-story/1c06bbb5b2ef497ba7ea61a5665e09d9

 

China Domestic

Chinese schoolkids' applause brings Indigenous author Bronwyn Bancroft to tears

SMH, 11 May 2017

Beijing: When it was suggested to Indigenous Australian author Bronwyn Bancroft that her picture books for children be translated into Chinese, her first thought was the size of the population.

http://www.smh.com.au/world/chinese-schoolkids-applause-brings-indigenous-author-bronwyn-bancroft-to-tears-20170511-gw2b7w.html

 

 

The Wild, Wild East 8 May 2017

Property

Australia's property boom has already peaked, said UBS

SMH, 24 April 2017

Australian house prices and construction activity may have hit a peak, with investment bank UBS "calling the top" of the runaway market.   

http://www.smh.com.au/business/australias-property-boom-has-already-peaked-says-ubs-20170424-gvr2ai.html

 

Why Chinese investors find Australian real estate so alluring

The Conversation, 01 May 2017

Chinese investors are often blamed for Australia’s escalating house prices but a number of factors might mean the demand will drop off in coming years.

http://theconversation.com/why-chinese-investors-find-australian-real-estate-so-alluring-76310

 

APRA warns on commercial property Lending Standards

SMH, 01 May 2017

Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.

http://www.smh.com.au/business/property/apra-warns-on-commercial-property-lending-standards-20170430-gvvnhh.html

 

Citi sees house prices falling as much as 7pc as housing boom unwinds

AFR, 03 May 2017

House prices could fall as much as 7 per cent by 2018 as lending curbs bite and household debt is lowered, according to Citi.

http://www.afr.com/real-estate/citi-sees-house-prices-falling-as-much-as-7pc-as-housing-boom-unwinds-20170502-gvxuj3


CHINESE INVESTED $4.2B IN AUSSIE COMMERCIAL ASSETS IN 2016 AND MORE ASIA REAL ESTATE HEADLINES

Mingtiandi, 03 May 2017

Leading today’s headlines, the number crunchers at KPMG have taken a closer look at mainland investment in Australia, and discovered that Chinese like property. Meanwhile, up in Hong Kong, Baring Private Equity has lined up a banking consortium to back its $4.3 billion buyout of private school operator Nord Anglia, and over in Japan old office buildings are finding new life as hotels and homes. Read on for all these stories and more.

http://www.mingtiandi.com/real-estate/crelist/chinese-invested-4-2b-in-aussie-commercial-assets-in-2016-and-more-asia-real-estate-headlines/

 


“Part-Time” Developer Trend Rises In QLD: DevelopmentReady.com.au

The Urban Developer, 02 May 2017

The part-time property developer trend is on the rise in Queensland as professionals – particularly construction professionals – look to transform their skills into profits in the wake of the mining downturn, according to Australia’s leading property portal, Development Ready.

https://www.theurbandeveloper.com/part-time-property-developers-on-the-rise/

 

Federal Budget to slug foreign investors if they leave property vacant

The Australian, 01 May 2017

The Federal Budget is set to slug foreign buyers thousands in fees if they leave their investment property vacant.

http://www.theaustralian.com.au/budget-2017/federal-budget-to-slug-foreign-investors-if-they-leave-property-vacant/news-story/6b659a81d16c99512cd36198c12afad5

 

Commercial property heading for a peak, but no crash

AFR, 01 May 2017

The sale of a major Sydney office tower on a record low 4.6 per cent capitalisation rate has reignited concerns about a commercial property bubble building, with the Reserve Bank further warning about the sustainability of current pricing in its Financial Stability Review and bank regulator Wayne Byres joining the chorus.
http://www.afr.com/real-estate/commercial/investment/commercial-property-heading-for-a-peak-but-no-crash-20170501-gvw3nh


Capital controls send Straya the wrong Chinese property buyers

By Houses and Holes in Australian Property, 04 May 2017

Money quote right at the end, describing how rich Chinese buying homes can get money out of China but investors in new builds cannot.

https://www.macrobusiness.com.au/2017/05/capital-controls-send-straya-wrong-chinese-property-buyers/

 

Currency & Financial

Australian Fintech Raises Funding from Sequoia China, Tencent, Mastercard

Foxbusiness, 30 April 2017

MELBOURNE, Australia--An Australian startup offering payment-settlement services has secured funding for its international expansion from investors including the Chinese affiliate of Sequoia Capital, one of Silicon Valley's biggest venture-capital firms. 

http://www.foxbusiness.com/features/2017/04/30/australian-fintech-raises-funding-from-sequoia-china-tencent-mastercard.html

Australia is maintaining its attraction for Chinese investors

Austrade, 03 May 2017

Australia remains the second biggest recipient of Chinese overseas direct investment (ODI) globally, worth A$120 billion (about US$90 billion) of accumulated new investment since 2007, according to the 12th annual survey of KPMG with Sydney University, Demystifying Chinese Investment in Australia, May 2017. The United States ranks first with accumulated new investment surpassing US$100 billion. In 2016, Chinese ODI in Australia continued grow strongly by 11.7 per cent (in Australian dollar terms), rising from A$13.8 billion (US$10.1 billion) to A$ 15.4 billion (US$11.5 billion) from 2015 to 2016.

https://www.austrade.gov.au/news/economic-analysis/australia-is-maintaining-its-attraction-for-chinese-investors

 

Agriculture & Food

As China craves more wine, this distributor is forgoing brick-and-mortar

CNBC, 30 April 2017

Today, wine accounts for just 4 percent of all alcohol consumed in China, but that's increasing at a rapid rate. And as those new consumers look to purchase bottles, many are turning to the internet.

http://www.cnbc.com/2017/04/30/as-china-craves-more-wine-this-distributor-is-forgoing-brick-and-mortar.html

 

Interview: Australia needs to make most of economic opportunities with China: Blackmores CEO

Xinhua, 02 May 2017

SYDNEY, May 2 (Xinhua) -- Australia needs to make the most of economic opportunities with China, the chief executive officer of Blackmores said on Tuesday, noting that developing strong economic partnership between the two nations is vital for Australia's long term success.

http://news.xinhuanet.com/english/2017-05/02/c_136250957.htm

 

China’s tucking in on Australian food

Weekly Times, 02 May 2017

CHINA’S investment in ­Australian agribusiness has ­tripled in just a year as the Middle Kingdom strives to meet rising demand for high-quality food among its ­burgeoning middle class.

http://www.weeklytimesnow.com.au/agribusiness/chinas-tucking-in-on-australian-food/news-story/b46316130dc1ebe91dd2de0f266192f7

 

Australian Vintage in bed with China's biggest online wine retailer
AFR, 03 May 2017

Australian Vintage, which sells wine brands including McGuigan, Nepenthe and Tempus Two, has joined forces with the entrepreneurs behind China's biggest online wine retailer in a deal where $16.5 million has been raised in a share placement to Vintage China Fund.

http://www.afr.com/business/agriculture/australian-vintage-in-bed-with-chinas-biggest-online-wine-retailer-20170502-gvxtxd


7 things Chinese students in Australia send home

Study International, 04 May 2017

Helping relatives back home to buy foreign goods while studying abroad is nothing new. But to turn it into a business … now that’s something.

https://www.studyinternational.com/news/7-things-chinese-students-australia-send-home/#KCrwbbED5tADmK0h.97

 

Weekly Property Review – Is Chinese off the menu?

By Property editor Linda Rowley, 03 May 2017

This time last year China appeared to have an insatiable appetite for Australian cattle properties, with numerous Chinese companies buying or pledging to invest hundreds of millions of dollars in large-scale beef operations. However, the anticipated frenzy of buying activity has halted, with the last significant sale made eight months ago.

http://www.beefcentral.com/property/weekly-property-review-is-chinese-off-the-menu/

Here's the a2 Milk Company's China strategy

MSN, 02 May 2017

The a2 Milk Company has been responding fast to changing distribution patterns and supporting Chinese government regulations, says CEO 

https://www.msn.com/en-au/money/other/heres-the-a2-milk-companys-china-strategy/vp-BBAFizr

 

Resources

China's coal imports take temporary hit from Australian cyclone: Russell

Reuters, 03 May 2017

China's coal imports from the seaborne market fell in April, with top exporting countries unable to fully cash in on the loss of Australian shipments in the wake of a powerful cyclone that knocked out mines and infrastructure.

http://www.reuters.com/article/us-column-russell-china-idUSKBN17Z0XM

 

Retail & Tourism

China Craves Foreign Goods. Students in Australia Supply Them.

NY Times, 02 May 2017

MELBOURNE, Australia — Zhang Yuan’s business started with favors for relatives: an aunt who wanted baby formula, a cousin looking for Ugg boots. She was a college student here in Australia, and every dollar helped, so she mailed the items back to China and charged a bit of a commission.

https://www.nytimes.com/2017/05/02/world/australia/china-students-daigou.html?_r=0

 

Nine out of ten Chinese prefer mobile payment over cash, credit cards

GB Times, 26 April 2017

92 percent of Chinese consumers prefer to pay for purchases in stores by using their mobile phones rather cash or credit card, a new survey finds.

http://gbtimes.com/business/nine-out-ten-chinese-prefer-mobile-payment-over-cash-credit-cards

 

WeChat User & Business Ecosystem Report 2017

Technode, 24 April 2017

889 million MAUs, 10 million+ official accounts and 200K+ third-party developers. In the past 7 years, WeChat has established an extensive ecosystem centering this mega messenger application, and becomes a vital part of China’s mobile internet today.

http://technode.com/2017/04/24/wechat-user-business-ecosystem-report-2017/

 

Are China’s KOLs Creating True ROI for Brands?

Liz Flora, 26 April 2017

As social media influencers continue to leverage their massive fan bases to command significant compensation from brands in exchange for mentions, marketing departments across the world are beginning to look more closely at the ROI they receive from these promotions. This is especially true in China, which is rife with self-proclaimed key opinion leaders (KOLs) and easily purchased followers and pageviews.

https://www.l2inc.com/are-chinas-kols-creating-true-roi-for-brands/2017/blog

 

Australian Hoteliers Are Having a Hard Time Finding Space for a Record Number of Chinese Tourists

Dan Peltier, Skift, 05 May 2017

China is the largest jackpot that many destinations including Australia are aggressively targeting but they should also ensure they have enough hotel rooms to keep up with demand before they open the marketing campaign and flight floodgates.

https://skift.com/2017/05/05/australian-hoteliers-are-having-a-hard-time-finding-space-for-a-record-number-of-chinese-tourists/

 

SIV

Australia to review millionaire migrants rule as it tightens immigration

ABS CBN News, 03 May 2017

SYDNEY - Australia will this year review visa rules for wealthy would-be migrants, mostly Chinese, a government official said on Wednesday, as the country tightens requirements for granting residency rights.

http://news.abs-cbn.com/overseas/05/03/17/australia-to-review-millionaire-migrants-rule-as-it-tightens-immigration

 

 

China Domestic

After Failed Talks With Kushner, More Trouble for a Chinese Tycoon

New York Times, 01 May 2017

BEIJING — Wu Xiaohui, the Chinese tycoon who was in failed talks with President Trump’s son-in-law, Jared Kushner, to buy into a skyscraper project in Manhattan, is fighting allegations of financial chicanery and has threatened to sue a Chinese magazine that examined his company’s labyrinthine funding.

https://www.nytimes.com/2017/05/01/world/asia/anbang-caixin-china.html

 

Why American Companies Can’t Trust Alibaba

Fortune, 06 May 2017

When Jack Ma, executive chairman of the Chinese e-commerce company Alibaba, met with President Donald Trump in January, he made a promise: The online sales platform would give one million U.S. small businesses entrée to the Chinese market. Ma also said that this effort would create one million new U.S. jobs. He is even planning a conference in June to teach U.S. businesses how to sell to the company’s 443 million customers in China.

http://fortune.com/2017/05/06/alibaba-jack-ma-donald-trump-owner-group-china/

 

“正气银行”值得点赞

安徽日报,2017年5月3日

Xixi South Village, a small village in Anhui, China, has set up “Integrity Bank” for villagers to deposit their upright behaviors. Since then, villagers witnessed and enjoyed a better change in the small village, with better local securities, environment, and less dispute.

本报日前报道,黄山市西溪南镇西溪南村借鉴银行运作模式,创办“正气银行”,将平日里百姓的“正能量”行为,以“正气币”的形式进行储存积蓄,以适当方式进行奖励,以引导村民参与美好家园建设活动。自去年5月实施以来,村里的治安好了,村容村貌美了,邻里互助多了,矛盾纠纷少了。这一综治创新启人思考。

http://epaper.anhuinews.com/html/ahrb/20170503/article_3556234.shtml

 

 

The Wild, Wild East 2 May 2017

Property

Australia's property boom has already peaked, said UBS

SMH, 24 April 2017

Australian house prices and construction activity may have hit a peak, with investment bank UBS "calling the top" of the runaway market.   

http://www.smh.com.au/business/australias-property-boom-has-already-peaked-says-ubs-20170424-gvr2ai.html

 

Australia’s Largest Healthcare Fund Re-Opens For Development Pipeline

The Urban Developer, 27 April 2017

Australian Unity’s $1.2 billion healthcare property trust (HPT), the largest healthcare real estate investment trust (REIT) in the country, will re-open this May to help raise funds for its $500 million development pipeline.

https://www.theurbandeveloper.com/australias-largest-healthcare-fund-re-opens-development-pipeline/

 

Bank giants' new clampdown on property rates

AFR, 26 April 2017

Major subsidiaries of Commonwealth Bank of Australia and National Australia Bank are clamping down on property investors by raising rates or toughening borrowing conditions.

http://www.afr.com/personal-finance/bank-giants-new-clampdown-on-property-rates-20170425-gvs65z

 

Mainland Chinese favor properties in Australia, US and Canada

Asia Times, 25 April 2017

Mainland Chinese would most prefer to buy properties in Australia, the United States and Canada, showing a different consumption pattern to Hong Kong people, according to the property investment firm IP Global.

http://www.atimes.com/article/mainland-chinese-favor-properties-australia-us-canada/

 

Property boom over but bust unlikely, says leading bank

The New Daily, 24 April 2017

The Australian housing market has peaked in the opinion of economists from global investment banking giant UBS.

http://thenewdaily.com.au/money/property/2017/04/24/australian-house-prices-peaked/

 

‘Migrant millionaires’ fuel property boom

The Australian, 26 April 2017

More than 11,000 “migrant millionaires” helped fuel the Sydney and Melbourne property markets last year, with the real estate sector saying cashed-up Chinese are now commuting in and out of the country to enjoy the Australian lifestyle.

http://www.theaustralian.com.au/business/property/migrant-millionaires-fuel-property-boom/news-story/ee270640cd7f76780c0b50dae10517c3

 

Property crash prophets a case of crying wolf

The Australian, 26 April 2017

Stephen Halmarick says the risks of a residential property crash are being exaggerated.

http://www.theaustralian.com.au/business/financial-services/property-crash-prophets-a-case-of-crying-wolf/news-story/a385c9ef47f70fa16b9ee26c90573e5e

 

Commercial property sentiment soars: NAB survey

The Australian, 26 April 2017

Sentiment towards the office market is soaring, with property industry participants expecting office property to continue to provide the best income returns over the next one to two years, according to the NAB Commercial Property Survey for the first quarter.

http:// www.theaustralian.com.au/business/property/commercial-property-sentiment-soars-nab-survey/news-story/229e9006493bc825ec3d677b919fcacc+&cd=3&hl=en&ct=clnk&gl=us

 

Chinese group Changfa Investments debuts in Australia with Leichhardt purchase

AFR, 26 April 2017

Chinese group Changfa Investments has made its debut in the Australian residential property market, snapping up the rare Leichhardt development site at 141 Allen Street in inner west Sydney.

http://www.afr.com/real-estate/chinese-group-changfa-investments-debuts-in-australia-with-leichhardt-purchase-20170426-gvspgv

 

 

Currency & Financial

China needs to balance capital control risks- Australia cbank gov

Reuters, 27 April 2017

Reserve Bank of Australia Governor Philip Lowe said on Thursday that China needs to strike a balance while tightening capital outflows as it runs counter to its longer-run goal of liberalisation.

http://www.reuters.com/article/australia-economy-rba-idUSS9N1CA057

 

Australia to pursue FTA with China's Hong Kong: trade minister

Xinhua, 24 April 2017

CANBERRA, April 24 (Xinhua) -- The Australian government has announced it will pursue a free trade agreement (FTA) with China's Hong Kong Special Administrative Region in an attempt to secure further service export opportunities for Australian businesses.

http://news.xinhuanet.com/english/2017-04/24/c_136231462.htm

 

Australia Q1 CPI

Market Pulse, 25 April 2017

*(AU) AUSTRALIA Q1 CONSUMER PRICES (CPI) Q/Q: 0.5% V 0.6%E; Y/Y: 2.1% (highest since Q2 of 2014) V 2.2%E; TRIMMED MEAN Q/Q: 0.5% V 0.5%E ; Y/Y: 1.9% (5-quarter high) V 1.8%E- Prior Trimmed Mean q/q revised higher to 0.5% from 0.4% – Source TradeTheNews.com

http://www.marketpulse.com/20170425/australia-q1-cpi/

 

BMY Group hit by China investment crackdown

AFR, 23 April 2017

Melbourne-based corporate advisory and wealth management firm BMY Group, which targets Asian investors and companies, has backtracked on plans entice Asian investment in its Australian start-up venture capital fund due to China's crackdown.

http://www.afr.com/business/banking-and-finance/financial-services/bmy-group-hit-by-china-investment-crackdown-20170421-gvpvbp

 

Chinese investment in Australia at highest point since GFC

AFR, 1 May 2017

Chinese investment in Australia is at its highest point since the 2008 global financial crisis, according to a new report which shows deals in the energy sector topped those in mining for the first time last year.

http://www.afr.com/news/world/asia/chinese-investment-in-australia-at-highest-point-since-gfc-20170430-gvvuj8

 

 

Agriculture & Food

Australia's a2 Milk upgrades revenue forecast after strong sales in China

Xinhua, 27 April 2017

CANBERRA — Australian dairy giant a2 Milk has upgraded its yearly revenue forecast on the back of strong sales in China.

http://news.xinhuanet.com/english/2017-04/27/c_136239170.htm

 

Australia encouraged to focus on trade with China, India: report

ABC News, 27 April 2017

Australia needs to focus on trade opportunities with China and India rather than being derailed by nerves about the rise of protectionism in the United States and Britain, according to a report released today.

http://www.abc.net.au/news/2017-04-27/australia-encouraged-to-focus-on-trade-with-china2c-india3a-r/8475172

 

Bright Food Aussie gourmet brands shine in China

AFR, 25 April 2017

The Australian food businesses owned by China's state-backed Bright Food Group produced revenue growth of 13 per cent to almost $700 million in calendar 2016 as demand for "clean and green" food brands in China rises.

http://www.afr.com/business/retail/fmcg/bright-food-aussie-gourmet-brands-shine-in-china-20170421-gvpe4p

 

Australian wine turns focus to China

Drinks International, 24 April 2017

The Australian wine industry wants to exploit the Chinese market after its imports to the US were valued less than that of New Zealand.

http://drinksint.com/news/fullstory.php/aid/7003/Australian_wine_turns_focus_to_China.html

 

Jobs for South East: Sundrop Farms plans to open 30ha strawberry farm near Millicent at site of former Tantanoola pulp mill

The Advertiser, 26 April 2017

THE South East will benefit from hundreds of jobs under a plan by horticultural company, Sundrop Farms, to open a 30ha strawberry farm, near Millicent.

http://www.adelaidenow.com.au/business/jobs/jobs-for-south-east-sundrop-farms-plans-to-open-30ha-strawberry-farm-near-millicent-at-site-of-former-tantanoola-pulp-mill/news-story/5e2053908e31416928db484ccf840050

 

 

Resources

Australian & Chinese Universities Collaborate on Fusion Energy Research

Asian Scientist Newsroom, 24 April 2017

Australian and Chinese researchers will embark on a joint research on the Holy Grail of energy research—nuclear fusion.

https://www.asianscientist.com/2017/04/academia/australia-china-fusion-energy/

 

Investment bankers line up for Loy Yang B bids

The Australian, 24 April 2017

The Australian energy crisis could be the gift that keeps on giving for investment bankers as they line up to advise the list of parties now eager to buy Loy Yang B.

http://www.theaustralian.com.au/business/dataroom/investment-bankers-line-up-for-loy-yang-b-bids/news-story/4d85a786e99139741c5af2d3b33d43ce

 

IFM fund boss Garry Weaven pleads for energy policy stability

The Australian, 25 April 2017

The chairman of the $80 billion IFM Investors fund, Garry Weaven, has called on the federal government to come up with a long-term energy policy to provide more confidence for big investors.

http://www.theaustralian.com.au/business/mining-energy/ifm-fund-boss-garry-weaven-pleads-for-energy-policy-stability/news-story/d1b0d008c46ae00dd505cf7145f6f255

 

 

 

 

Retail & Tourism

Chinese 'pandavans' on round trip of Australia

Yahoo News, 27 April 2017

It's not every day you see 10 giant pandas in the outback.

https://au.news.yahoo.com/nsw/a/35175014/pandavans-to-promote-china-tourism/#page1

 

Amazon to affect shopping centres

SMH, 24 April 2017

Retail landlords will be focused on the arrival of internet giant Amazon to Australia, which property observers say will impact on under-performing malls.

http://www.smh.com.au/business/property/amazon-to-affect-shopping-centres-20170420-gvoit8.html

 

Qantas enhances services for Chinese travelers

FTN News, 28 April 2017

Qantas Airways continues to enhance its services for Chinese travelers. “China is critical to our strategy in Asia. Together with our new direct Sydney – Beijing service, the deepening of this partnership reflects our commitment to the region, enabling our Asian customers to travel to and within Australia seamlessly,” said Qantas CEO Gareth Evans.

http://ftnnews.com/aviation/32174-qantas-enhances-services-for-chinese-travelers.html

 

 

China Domestic

Chinese Offer to Eat Denmark’s Oyster Problem to Extinction

New York Times, 28 April 2017

BEIJING — Is an alien mollusk species choking your shoreline? Don’t despair. China’s ravenous, inventive internet users have an answer to unwelcome shellfish.

https://www.nytimes.com/2017/04/28/world/asia/china-oysters-denmark.html?_r=0

 

Tea sister Zhang Zetian private dinner invited half a fashion circle

Best China News, 27 April 2017

Tea sister Zhang Zetian today on micro-blog hot search, she is said to be at a private dinner party yesterday, the international big executives gathered in a collective photo at a glance feeling the half fashion circles are invited!

http://www.bestchinanews.com/Entertainment/10468.html

 

明星们的尴尬瞬间,马云:从今以后,你全家都被淘宝拉黑~

Jack Ma was about to shake hands with a man at an event last week but was unexpectedly ignored.  All your family members will be blocked by Taobao from now on—warned by Chinese netizens.

今日头条,2017425

作为拥有海量粉丝的明星们,在出席各种宴会或活动时,难免遇到一些非常尴尬的事情,比如被忽视,被调戏或者胸带掉了等待,而面对这些尴尬场面,各有各的应对策略,有的机制,有的却像小孩一样。

http://www.toutiao.com/a6412801566927651073/

 

Three Keys to Drafting a China Contract that Works

China Law Blog, 29 April 2017

In deleting emails I came across this one from one of our China lawyers to a Latin American client for whom we very successfully drafted a China licensing agreement. I love the email because it so nicely encapsulates exactly what we try to do with pretty much every China contract we draft: balance out everything and give our clients a contract that will both protect them and get the deal done.

http://www.chinalawblog.com/2017/04/three-keys-to-drafting-a-china-contract-that-works.html?utm_source=Dan+Harris+-+China+Law+Blog&utm_campaign=cc80ff7fdb-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_39bc6c6bdc-cc80ff7fdb-72531925

 

The Wild, Wild East 24 April 2017

Property

Student housing boom spurs institutional investment in rental housing

The Australian, 17 April 2017

The explosion and success of ­student housing in Australia has opened the door for other forms of institutional investment in the local rental housing sector, ­according to property firm Knight Frank.

http://www.theaustralian.com.au/business/property/student-housing-boom-spurs-institutional-investment-in-rental-housing/news-story/2214ba31f3fff885aac1db131e595eb8

 

Rising yuan could be a headwind for Australian developers

The Australian, 19 April 2017

Australia’s biggest apartment developers could be hit by a strengthening Chinese currency that could further slow the outflow of funds from the country, according to research from Northern Trust.

http://www.theaustralian.com.au/business/property/rising-yuan-could-be-a-headwind-for-australian-developers/news-story/0ff20348fbeb14f673c5041bde87ff63

 

Inside China's Appetite for Australian Property

Bloomberg, 21 April 2017

Black Diamondz Property Concierge founder and director Monika Tu discusses Chinese citizens desire and reasons to purchase property overseas. She speaks on "Bloomberg Daybreak: Australia."

https://www.bloomberg.com/news/videos/2017-04-20/inside-china-s-appetite-for-australian-property-video

 

Australia's property sector is still brimming with confidence for the year ahead

Business Insider Australia, 20 April 2017

Confidence in Australian property still remains high despite talk of a housing bubble and tighter lending conditions.

https://www.businessinsider.com.au/australias-property-sector-is-still-brimming-with-confidence-for-the-year-ahead-2017-4

 

Chinese Buyers Remain Undaunted When Purchasing Australian Property

Your Invest Property, 17 April 2017

Despite the regulatory restrictions, and the banks’ new curbs on lending to foreign property investors, a new survey suggests Chinese buyers remain undaunted when it comes to purchasing property in Australia. 

http://www.yourinvestmentpropertymag.com.au/news/chinese-buyers-remain-undaunted-when-purchasing-australian-property-235291.aspx

 

Reserve Bank hints tighter home loan requirements likely

ABC News, 22 April 2017

Australia's top financial regulators are poised to take more drastic action to cool hot real estate prices in Sydney and Melbourne according to the Reserve Bank.

http://www.abc.net.au/news/2017-04-18/reserve-bank-hints-tighter-loan-requirements-likely/8449454

 

Swelling crowds at Sydney Property Expo buoy agent sentiment

AFR, 23 April 2017

The appetite for residential property remains strong among Chinese buyers if the crowds at a weekend property expo were any guide.

http://www.afr.com/real-estate/swelling-crowds-at-sydney-property-expo-buoy-agent-sentiment-20170119-gtuilp

 

Currency & Financial

Australia's economy struggling as dollar bucks China-driven drop in iron ore

SMH, 21 April 2017

Australia is caught in a disconnect between the trajectory of its key commodity export and a currency that refuses to follow suit, constricting an economy that policy makers are trying to stimulate.

http://www.smh.com.au/business/mining-and-resources/australia-bucks-chinadriven-drop-in-iron-ore-20170420-gvooda.html

 

China's economic growth to contribute $125b to Australian economy: Expert

China Daily, 18 April 2017

CANBERRA — Strong growth of the Chinese economy, coupled with the Reserve Bank of Australia's (RBA) decision to cut interest rates to record lows, are expected to deliver a AU$165 billion ($125 billion) boost to the Australian economy, according to Deloitte Access Economics.

http://www.chinadaily.com.cn/business/2017-04/18/content_28978160.htm

 

ASX futures pointing to flat open, euro surges on French vote results

AFR, 24 April 2017

Local shares are poised to open flat in a shortened trading week. Iron ore rebounded on Friday, though bets are for further losses. Base metals mostly retreated. The euro opened 2 per cent higher on the French election results.

http://www.afr.com/brand/before-the-bell/asx-futures-pointing-to-flat-open-20170421-gvq4ud

 

Wang Jianlin confirms China blocked Wanda’s US TV deal

Financial Times, 19 April 2017

Chinese tycoon Wang Jianlin is not accustomed to setbacks — least of all those dealt by his own government.

https://www.ft.com/content/bbb231ea-235f-11e7-8691-d5f7e0cd0a16

 

Agriculture & Food

Inside China’s $43 Billion Bid for Food Security

Fortune, 21 April 2017

The worst famine in human history occurred in China from 1959 to 1961. An estimated 34 million people starved to death. The horrors were beyond imagining—the elderly and disabled left to perish because they couldn’t work; murder and cannibalism within families. Hundreds of millions of Chinese people today, including most of China’s top leaders, survived that famine.

http://fortune.com/2017/04/21/chemchina-syngenta-acquisition-deal/

 

Interview: Australia's Sydney Royal Easter Show gives insight into China-Australia wool trade

Xinhua, 19 April 2017

SYDNEY, April 19 (Xinhua) -- The Sydney Royal Easter Show will end its two-week run on Wednesday, with record numbers having flocked to the show at the showground at Sydney's Olympic Park.

http://news.xinhuanet.com/english/2017-04/19/c_136219917.htm

 

SA family to sell prominent WA cattle station

SA Real Estate News, 19 April 2017

South Australian pastoralists the McTaggart family have put Bidgemia Station, one of Western Australia’s premier cattle stations, up for sale.

https://sarealestatenews.com.au/sa-family-sell-prominent-wa-cattle-station/

 

Resources

Australia Says Chow Tai Fook’s Alinta Takeover Has Won Approval

Bloomberg, 23 April 2017

Chow Tai Fook Enterprises Ltd., the Hong Kong conglomerate best known for its jewelry stores, has won Australian regulatory approval to acquire gas and electricity provider Alinta Energy Holdings Ltd.

https://www.bloomberg.com/politics/articles/2017-04-23/australia-says-chow-tai-fook-s-alinta-takeover-has-won-approval

 

Retail & Tourism

Rise in China visitors our chance to shine

The Australian, 20 April 2017

By my estimation, a significant ­development will take place next month, and it will pass with little fanfare. In fact, we won’t even be sure it’s happened until late June. or around the time the main ­census results are released.

http://www.theaustralian.com.au/business/opinion/bernard-salt-demographer/rise-in-china-visitors-our-chance-to-shine/news-story/608f552e800e127cd4515665c55d6b40

 

China Domestic

Beijing Film Festival: Jackie Chan, Li Bingbing Head Slate of 15 Chinese-Australian Co-Productions

HollyWoodReporter, 19 April 2017

Chinese-Australian co-productions got a shot in the arm at the Beijing Film Festival on Thursday with 15 features being announced, including films starring Jackie Chan and Li Bingbing

http://www.hollywoodreporter.com/news/beijing-film-festival-jackie-chan-li-bingbing-head-slate-15-chinese-australian-productions-9957

 

China's start-ups usher in new phase of 'Going Out' movement

CNBC, 16 April 2017

While companies the world over compete for a slice of China's populous consumer market, start-ups headquartered in Asia's largest economy want to conquer not just the domestic field, but also to come out on top worldwide.

http://www.cnbc.com/2017/04/16/chinas-start-ups-usher-in-new-phase-of-going-out-movement.html

 

The Wild, Wild East 17 April 2017

Property

Australia's Home-Lending Curbs Could Hit Wrong Target: NAB

Bloomberg, 11 April 2017

Australian regulators need to be careful tougher home-lending curbs don’t lock people who can afford to buy a house out of the property market, the chief executive officer of National Australia Bank Ltd. said.

https://www.bloomberg.com/news/articles/2017-04-11/home-lending-curbs-could-hit-wrong-target-nab-s-thorburn-says

 

ATO says number of landlords with five properties rising

The Australian, 13 April 2017

The number of Australians with at least five rental properties has surged more than 6 per cent amid an investment-led property boom that regulators are rushing to curtail, according to new Australian Tax Office figures.

http://www.theaustralian.com.au/business/property/ato-says-number-of-landlords-with-five-properties-rising/news-story/daa2eb6512f82d3f5547c768ccf1e689&memtype=anonymous

 

Foreign investors fined $2.7m under new regime targeting property buyers

The Guardian, 9 April 2017

A new penalty regime targeting foreign investors has seen 500 overseas property buyers issued with penalty notices and told to pay the Australian Taxation Office $2.7m in fines.

https://www.theguardian.com/australia-news/2017/apr/09/foreign-investors-fined-27m-under-new-regime-targeting-property-buyers

 

Scott Morrison's speech shows no simple answer on housing

AFR, 10 April 2017

Political pressure is building on Scott Morrison to help first-home buyers to break into the overheated Sydney and Melbourne property markets. Yet he doesn't want to depress prices for an even bigger set of voters, owner-occupied and investment property owners.

http://www.afr.com/opinion/editorials/scott-morrisons-speech-shows-no-simple-answer-on-housing-20170410-gvhhoe

 

Greenland to launch $1.6b Sydney Park City

SMH, 14 April 2017

The planned $1.6 billion mixed use development by Greenland and Gold Horse (GH Australia) is gaining momentum with the launch of the site that will deliver parklands for the Erskineville area.

http://www.smh.com.au/business/property/greenland-to-launch-16b-sydney-park-city-20170413-gvkfr3.html

 

The great divide: what will $1m buy you in Australia's property market?

The Guardian, 16 April 2017

With talk of the Sydney and Melbourne housing markets racing away from prices in other cities and regions, we decided to ask: what can you buy in Australia for a million dollars?

https://www.theguardian.com/australia-news/2017/apr/16/the-great-divide-what-will-1m-buy-you-in-australias-property-market

 

RBA Intensifies Alert on Aussie Household Debt, Property Market

Bloomberg, 13 April 2017

Australia’s central bank signaled deeper concern amid “heightened risks” from rising household debt and escalating property prices in Sydney and Melbourne.

https://www.bloomberg.com/news/articles/2017-04-13/rba-intensifies-alert-on-aussie-household-debt-property-market

 

Currency & Financial

Aussie Jumps On Jobs Data, China Yuan Trade

Investing.com, 13 April 2017

The Aussie jumped on a surge in new jobs as initial yuan-denominated trade data out of China was also a key driver of the currency as a top trading partner.

https://seekingalpha.com/article/4062171-aussie-jumps-jobs-data-china-yuan-trade

 

Agriculture & Food

Food fight: To beat China fakes, NZ and Australian produce firms raid tech larder

Reuters, 10 April 2017

[WELLINGTON] As China's middle class develops its taste for imported food and drink, fresh produce suppliers in New Zealand and Australia are topping up nature's bounty with anti-counterfeiting technology in a bid to protect their growing business from fakes.

http://www.reuters.com/article/us-newzealand-australia-china-counterfei-idUSKBN17B10F

 

Australia wants access to China for lupins and faba beans

The Weekly Times, 11 April 2017

THE Australian grains industry is pushing to gain access to China for two key pulses.

http://www.weeklytimesnow.com.au/agribusiness/cropping/australia-wants-access-to-china-for-lupins-and-faba-beans/news-story/86345825b7b9b9bb6ffa5f12cc9bb201

 

Foreign investment rules ‘hurt Australia’

The Australian, 12 April 2017

New tough rules for foreign investment in agribusiness are damaging Australia’s reputation for welcoming global businesses, according to the Business Council of Australia (BCA), which has called for them to be reversed.

http://www.theaustralian.com.au/national-affairs/foreign-affairs/foreign-investment-rules-hurt-australia/news-story/f77d8cc4d13a3dff447e51872fe56f80

 

Australia eyes huge potential in Chinese food, beverage market

ShanghaiDaily.com, 13 April 2017

FOR the first time, four big industrial bodies joined hands to jointly market Australian premium food and beverage at The Waterhouse Hotel during a food symposium titled “Taste Australia.”

http://www.shanghaidaily.com/feature/ideal/Australia-eyes-huge-potential-in-Chinese-food-beverage-market/shdaily.shtml

 

Bellamy's Australia appoints John Ho to board, confirms Andrew Cohen as CEO

AFR, 13 April 2017

Infant formula distributor Bellamy's Australia has welcomed a representative from its new substantial shareholder, Hong Kong-based Janchor Partners, to the board, while also confirming acting chief executive Andrew Cohen will stay in the role permanently.

http://www.afr.com/business/retail/fmcg/bellamys-australia-appoints-john-ho-to-board-confirms-andrew-cohen-as-ceo-20170413-gvk5x4

 

‘Wine City’ symbolises faltering hopes at China’s vineyards

Financial Times, 14 April 2017
China’s largest wine producer is preparing to open a Rmb6bn ($900m) “Wine City” in eastern China, an attraction complete with gothic-style châteaux it hopes will help it navigate the country’s growing but rapidly changing market for the tipple.

https://www.ft.com/content/21edec34-20df-11e7-b7d3-163f5a7f229c

 

Resources

Iron Ore Slumps Into Bear Market as Barclays Sees Further Losses

Bloomberg, 10 April 2017

Iron ore’s descent into bear-market territory may herald further weakness, with Barclays Plc pinning the blame for the slide on lower steel demand in China driving a shift from mills toward lower-quality ore and raising the prospect of a drop into the $50s.

https://www.bloomberg.com/news/articles/2017-04-10/iron-ore-slumps-into-bear-market-as-barclays-sees-further-losses

 

Australia’s mining industry addressing downsize in China steel production

Australian Mining, 10 April 2017

China’s move to reduce air pollution in large cities by limiting its need for iron ore and coal production over the next five years won’t slow Australia’s mining industry, a federal government report has claimed.

https://www.australianmining.com.au/news/australias-mining-industry-addressing-downsize-china-steel-production/

 

Why Australia is leading the way for solar energy

Article by Jessica Abelsohn13 April 2017

In February, Australia launched the world’s first digital marketplace for solar energy, the Decentralised Energy Exchange (deX), which aims to change the way energy is produced and consumed. By supplementing large-scale power plants with a decentralized rooftop solar model, deX is aiming to create a virtual power station which enables homes and businesses producing excess energy to sell it off to others within the grid.

http://www.jllrealviews.com/trends/why-australia-is-leading-the-way-for-solar-energy/

 

Australia approves Yancoal’s $2.45B buy of Rio Tinto’s coal unit

Kallanish Energy, 14 April 2017

Australia’s Foreign Investment Review Board (FIRB) has approved Chinese state-controlled Yancoal Australia to acquire Rio Tinto’s Coal & Allied Industries unit for $2.45 billion.

http://www.kallanishenergy.com/2017/04/14/australia-approves-yancoals-2-45b-buy-of-rio-tintos-coal-unit/

 

Retail & Tourism

Chinese crackdown turned the tables on Aquis casino

The Australian, 10 April 2017

Aquis has blamed the Asian gaming downturn and the fall in cashed-up Chinese gamblers visiting Australia as the result of stricter government conditions for its move to permanently shelve its multi-billion-dollar Queensland casino development.

http://www.theaustralian.com.au/business/companies/chinese-crackdown-turned-the-tables-on-aquis-casino/news-story/4a7c304bbd18b2fcfaaa35c2b2970a97

 

China’s HNA Group goes on a global shopping spree

The Economist, 12 April 2017

NOW it is a conglomerate with more than $100bn-worth of assets around the world. But HNA Group started life as a small local airline. Chen Feng, the Chinese company’s founder, led a coalition including private investors and the government of Hainan, a southern province, to launch Hainan Airlines in 1993.

http://www.economist.com/news/business/21720674-its-investments-range-hilton-worldwide-deutsche-bank-chinas-hna-group-goes-global

 

China Domestic

Calls rise to make Chinese firms' outbound investments rational

Xinhua, 10 April 2017

BEIJING-Chinese companies' outbound investments might have raised their global profile, but have yet to fully alleviate fears of a capital flight, experts said.

http://www.chinadaily.com.cn/business/2017-04/10/content_28853903.htm

 

Interview: China's Belt and Road Initiative benefits Australia, makes world more prosperous, says former Australian ambassador

Xinhua, 14 April 2017

SYDNEY, April 14 (Xinhua) -- A former Australian ambassador to China believes that the Belt and Road Initiative will provide a definitive boost to not only the Australian economy, but also that of the world.

http://news.xinhuanet.com/english/2017-04/14/c_136208563.htm

 

郑渊洁买十套房 房子用来存信网友惊呆了

The richest Chinese fairy tale writer Zheng Yuanjie bought 10 properties in Beijing 30 years ago, only to store letters from his young readers. Now the price of his properties has increased from 1400 rmb per square meter to 66,000 rmb!

每日经济新闻公众号,2017415

核心提示:郑渊洁买十套房,房子用来存信网友惊呆了。4月15日报道 童话大王郑渊洁在作家榜里持续上榜而且名列前茅,让很多人误以为这仅仅是一种“情怀”。作家榜品牌创始人吴怀尧表示,郑渊洁能够在过去的30年里受到众多读者的喜爱,不仅在于作品中天马行空的想象,更在于他对读者的真诚。

http://business.sohu.com/20170415/n488593128.shtml

 

The Wild, Wild East 10 April 2017

Property

If you're worried about Australia's housing affordability crisis, look at China

AFR, 31 March 2017

When considering the issues around housing the focus should be less on raw prices and more on affordability. And in this area, Australians are relatively well off compared to those living in China. 

http://www.afr.com/real-estate/residential/if-youre-worried-about-australias-housing-affordability-crisis-look-at-china-20170330-gvaf23

 

Real estate: Mortgage costs to rise as APRA hints at further home loan crackdown

ABC Online, 7 April 2017

Prepare yourself for higher home loan interest rates. In a move likely to further push up mortgage costs, the bank regulator has flagged further actions that will put a handbrake on home lending, this time by insisting the banks hold bigger reserves in case the economy and the housing market turns ugly.

http://www.abc.net.au/news/2017-04-05/apra-hints-at-further-home-loan-crackdown-mid-year/8418116

 

Australia: Our take on residential pre-sales in Australia

Mondaq, 4 April 2017

This is the first in a 4-part series of articles on pre-sales in the residential property development sector in Australia.

http://www.mondaq.com/australia/x/582540/real+estate/Our+take+on+residential+presales+in+Australia

 

Australia's corporate watchdog targets soaring home prices, lending

The Economic Times, 03 April 2017

SYDNEY: Australian home prices hit new records while building approvals jumped the most in seven months, latest data out on Monday showed, even as regulators launched new measures to cool the red-hot property market.

http://realty.economictimes.indiatimes.com/news/residential/australias-corporate-watchdog-targets-soaring-home-prices-lending/57987015

 

Sydney real estate ‘cheap’ and there’s no bubble, says global head of residential at Knight Frank

Domain, 6 April 2017

Sydney real estate is cheap and the Australian market is not experiencing a bubble, according to a senior executive at one of the world’s largest property consultancies.

https://www.domain.com.au/news/sydney-real-estate-cheap-and-theres-no-bubble-says-global-head-of-residential-at-knight-frank-20170405-gve9zg/

 

NAB offers trips, cash, vouchers to property buyers

AFR, 5 April 2017

National Australia Bank is set to offer property buyers free flights, household items, gift cards and cash-back incentives to encourage more lending as the nation's regulators struggle to cool overheating property markets.

http://www.afr.com/personal-finance/nab-offers-trips-cash-vouchers-to-property-buyers-20170404-gvdujn

 

Property deterrents prove ineffective

The Australian, 5 April 2017

From Australia to Canada, authorities are learning a hard lesson in their efforts to curb the foreign money flooding their property markets: deterrents quickly lose their punch.

http://www.theaustralian.com.au/business/wall-street-journal/property-deterrents-prove-ineffective/news-story/5a5c82ca694e1d1ceaabdc0a9b4cf2d9

 

Port Adelaide Football Club secures major sponsorship from Chinese-backed developer Greaton

The Australian, 02 April 2017

THE Port Adelaide Football Club has secured major sponsorship from a Chinese-backed developer spearheading more than $1.2 billion of hotel and apartment developments in Adelaide and Sydney.

http://www.adelaidenow.com.au/business/port-adelaide-football-club-secures-major-sponsorship-from-chinesebacked-developer-greaton/news-story/97aa175f2fa62bbc4da271fbd558514e

 

Yuhu Group snaps up $23m site on Sydney’s north shore

The Australian, 03 April 2017

The Yuhu Group, which is led by billionaire Xiangmo Huang, has snapped up another site on Sydney’s north shore, buying an office and retail property in Northbridge for $23 million.

http://www.theaustralian.com.au/business/property/yuhu-group-snaps-up-23m-site-on-sydneys-north-shore/news-story/fa48714b7b4bcf7afa00d1ca828e2bd3

 

Blocked Beijing buyers ‘to look to Australia’

The Australian, 06 April 2017

Beijing’s move this week to further dampen speculation in the city’s overheated housing market will see investment dollars continue to flow out of China, stoking Sydney and Melbourne’s seemingly unstoppable housing prices, according to former Macquarie Group executive Bill Moss.

http://www.theaustralian.com.au/business/property/blocked-beijing-buyers-to-look-to-australia/news-story/dfff57c2b78ade04313dc1fb18af62e9

 

Financiers step in as banks slow property lending

AFR, 06 April 2017

Local financiers and foreign banks are moving in to fill the gap left as the major banks tighten credit for the commercial property market, an industry forum has heard.

http://www.afr.com/real-estate/financiers-step-in-as-banks-slow-property-lending-20170406-gvf0vf

Currency & Financial

Australian Dollar Looks Set To Struggle, March Lows In View

Daily FX, 07 April 2017

Obviously last Friday’s US strike on Syria makes any sort of near-term financial forecast more difficult but, from what we know so far, it’s likely to weigh on the Australian Dollar.

https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2017/04/08/Australian-Dollar-Looks-Set-To-Struggle-March-Lows-In-ViewtofDC.html

 

Agriculture & Food

Bellamy's Australia issues China registration update

Just Food, 3 April 2017

Infant formula maker Bellamy's Australia has said its 'Australian label' products sold through Australian retail, the daigou channel and China cross-border e-commerce "will not be impacted" by the firm missing a 2018 deadline to register some of its products for sale in China.

http://www.just-food.com/news/bellamys-australia-issues-china-registration-update_id136268.aspx

 

Chinese winery sets sights on ‘feeding own market’ with Aussie grapes

By RJ Whitehead , 03-Apr-2017

China’s third biggest wine company could soon become the first ever to vertically integrate its production between Australian vineyards and its home market.

http://www.foodnavigator-asia.com/Business/Chinese-winery-sets-sights-on-feeding-own-market-with-Aussie-grapes

 

Chinese company Tianmei Beverage Group seeks Australian food and beverage partners

Weekly Times, 4 April 2017

A CHINESE company that recently listed on the Australian Securities Exchange is seeking partnerships with Australian food and beverage producers to sell their products in China.

http://www.weeklytimesnow.com.au/agribusiness/chinese-company-tianmei-beverage-group-seeks-australian-food-and-beverage-partners/news-story/34c425ab26c0c623eb94c8fbdcf452e1

 

Global giants KPMG, Bosch invest in Australian-developed agricultural technology

ABC Online, 10 April 2017

Global finance and manufacturing companies KPMG, Bosch and Agfunder are investing in an Australian-developed agricultural technology company to the tune of millions of dollars.

http://www.abc.net.au/news/2017-04-06/ag-tech-the-yield-computer-sensing/8419876

 

Resources

Chinese and Australian universities collaborate with FMG on mining sector innovation

ABC Oneline, 7 April 2017

An iron ore miner and Chinese and Australian universities have formally joined forces to launch a mining and cooperation innovation research model.

http://www.abc.net.au/news/2017-04-04/fmg-australian-and-chinese-universities-collaborate-innovation/8389374

 

Retail & Tourism

Qantas finds tonic in Cathay's poison as Chinese tour Australia

SMH, 6 April 2017

The flood of cheap Chinese airfares that's undoing Cathay Pacific Airways is proving a boon for Qantas.

http://www.smh.com.au/business/aviation/qantas-finds-tonic-in-cathays-poison-as-chinese-tour-australia-20170405-gveb2s.html

 

China to see robust consumer spending driven by lifestyle upgrades: Report

Xinhua, 28 March 2017

China is expected to see robust consumer spending driven by lifestyle changes this year, according to a report released Tuesday.

http://www.ecns.cn/business/2017/03-28/251085.shtml

 

China Domestic

Millennials Turn Anti-Graft TV Show Into Gay Fan Fiction

Sixth Tone, 07 April 2017

Anti-corruption TV show “In the Name of the People” is a hit among Chinese people of all ages, but young fans are enjoying the show in their own way — with funny rewrites, meme-like chat app stickers, and bromantic fan fiction.

http://www.sixthtone.com/news/anti-graft-tv-show-fans-create-gay-fan-fiction

 

China’s consumers hate Airbnb’s new Chinese name so much that they are brainstorming a new one

Quartz Media, 22 March 2017

On Wednesday (March 22) the home-sharing service announced it would be known as “Aibiying,” or 爱彼迎, in China. The Chinese name translates as “welcome each other with love,” a reflection of Airbnb’s mission to bring together people from communities all around the world, the company explains in a statement.

https://qz.com/939253/chinas-consumers-hate-airbnbs-new-chinese-name-so-much-that-they-are-brainstorming-a-new-one/

 

The Documents Are the China Deal

China Law Blog, 02 April 2017

Long ago, I once said on here that if we get at least three emails on a particular topic, we will write about it. I long ago received three emails on the Wall Street Journal article Did Xie Zhikun’s Nearly $1 Billion Go Missing? A Private-Equity Mystery but I am just now getting around to writing about it.  

http://www.chinalawblog.com/2017/04/the-documents-are-the-china-deal.html

 

The Wild, Wild East 3 April 2017

Property

If you're worried about Australia's housing affordability crisis, look at China

AFR, 31 March 2017

When considering the issues around housing the focus should be less on raw prices and more on affordability. And in this area, Australians are relatively well off compared to those living in China. 

http://www.afr.com/real-estate/residential/if-youre-worried-about-australias-housing-affordability-crisis-look-at-china-20170330-gvaf23

 

FOREIGNERS, MOSTLY CHINESE, BUY 25% OF NEW HOMES IN AUSTRALIA’S NSW

MINGTIANDI, 28 March 2017

New abodes in New South Wales are a good deal for Chinese buyers, according to Credit Suisse, which claims that the lion’s share of foreign real estate investment in major Australian cities is coming from China.

http://www.mingtiandi.com/real-estate/outbound-investment/foreigners-mostly-chinese-buy-25-of-new-homes-in-australias-nsw/

 

'Torrent' of Chinese money feeds property 'bubble'

AFR, 30 March 2017

Global fund manager Bill Sterling reels off reasons for investors to be cautious about Australia - but one of them should be of special interest to local property and bank investors.

http://www.afr.com/news/torrent-of-chinese-money-feeds-property-bubble-20170328-gv83mf

 

Storm Clouds Or Blue Skies: Are The Chinese Really Abandoning Australian Real Estate?

The Urban Developer, 27 March 2017

Eighty percent is a number that catches people’s attention.  Especially when you’re talking about potential default rate. 

https://www.theurbandeveloper.com/storm-clouds-blue-skies-chinese-really-abandoning-australian-real-estate/

 

Why the world’s richest are turning to Australia when buying prestige homes

Domain, 30 March 2017

There’s nothing like Australia, we say to attract tourists. But it’s a slogan that appears to be just as alluring for high net worth individuals (HNWIs) scouring the world for great prestige property to buy.

https://www.domain.com.au/news/why-the-worlds-richest-are-turning-to-australia-when-buying-prestige-homes-20170330-guy9f1/

 

Impact Investment Group plans to buy Sydney hotel and offices

The Australian, 30 March 2017

Funds manager Impact Investment Group is planning its first hotel acquisition by buying Sydney’s Four Points by Sheraton, Central Park and some associated office space in a deal worth about $190 million.

http://www.theaustralian.com.au/business/property/impact-investment-group-plans-to-buy-sydney-hotel-and-offices/news-story/b09949a255b5ab192c15a43ac68f378d

 

Eight steps international buyers must take to finalise a sale in Australia

North Queensland Register, 30 March 2017

There are many hurdles that international buyers of Australian real estate must jump through to buy residential property.

http://www.northqueenslandregister.com.au/story/4567137/eight-steps-international-buyers-must-take-to-finalise-a-sale-in-australia/?cs=4735

 

Currency & Financial

Australian Dollar at Risk of Weakness as Commodity Price Decline to Extend

PoundSterling Live, 1 April 2017

The Australian Dollar is likely to weaken over the medium term on the twin effects of a fall in Chinese demand for Australian commodities and slowing domestic wage growth.

https://www.poundsterlinglive.com/aud/6496-australian-dollar-to-us-dollar-to-fall-as-commodity-prices-decline-and-inflation-stagnates

 

China banks take Aussie loan share as volumes slump in Q1

Gulf Times, 29 March 2017

Chinese banks are on track to help arrange more than 20% of syndicated loans in Australia in a slow first quarter, with deal volumes expected to pick up from April.

http://www.gulf-times.com/story/542414/China-banks-take-Aussie-loan-share-as-volumes-slum

 

China's Fosun CEO steps down, reshuffle to impact conglomerate

Reuters, 29 March 2017

Fosun International Ltd (0656.HK), one of China's most aggressively acquisitive conglomerates, said its chief executive and vice president stepped down in a surprise reshuffle that has raised concerns over the group's strategy.

http://www.reuters.com/article/us-fosun-intl-results-idUSKBN16Z2LU

 

Despite capital controls, China's 'Warren Buffett' says he's pushing ahead with overseas acquisitions

CNBC, 29 March 2017

Fosun International, one of China's largest conglomerates, is still pursuing acquisitions overseas, despite curbs on capital outflows by Chinese regulators.

http://www.cnbc.com/2017/03/29/despite-capital-controls-chinas-warren-buffett-says-hes-pushing-ahead-with-overseas-acquisitions.html

 

Agriculture & Food

Aus ag needs foreign capital now more than ever: Robb

Beef Central, 01 April 2017

Former federal trade minister Andrew Robb has urged businesses in northern Australia to take the fight for foreign investment to the Government.

http://www.beefcentral.com/news/australian-ag-needs-foreign-capital-now-more-than-ever-robb/

 

Brazil meat scandal opens way for Aussie beef in China

NIKKEI Asian Review, 28 March 2017

SYDNEY -- Brazil's tainted beef scandal looks to be almost over with China lifting its import ban, but a new meat agreement between China and Australia offers Australian beef exporters a chance to reclaim market share lost to the South American country last year.

http://asia.nikkei.com/Politics-Economy/International-Relations/Brazil-meat-scandal-opens-way-for-Aussie-beef-in-China

 

Foreign capital needed to develop northern Australia: Andrew Robb

The Australian, 29 March 2017

Northern Australia needed foreign capital to develop its ports and infrastructure, former Trade Minister Andrew Robb told the forum yesterday.

http://www.theaustralian.com.au/business/in-depth/global-food-forum/foreign-capital-needed-to-develop-northern-australia-andrew-robb/news-story/0755451182c7cc381dcd381274ba997e

 

China, Australia, New Zealand companies team up on food safety

Xinhua, 30 March 2017

SHANGHAI - Chinese e-commerce giant Alibaba, consultancy PwC and New Zealand Dairy giant Fonterra have teamed up to develop a system that will track the global supply chain of food products, said PwC China.

http://www.chinadaily.com.cn/bizchina/tech/2017-03/30/content_28741430.htm

 

Bellamy's Australia to miss China regulatory deadline, stock sinks

Reuters, 29 March 2017

Infant formula maker Bellamy's Australia Ltd said on Thursday it would miss a 2018 deadline to register some of its products for sale in China, heaping pressure on a company that has struggled with regulations in its main export market.

http://www.reuters.com/article/bellamys-china-idUSL3N1H65WK

 

Free investment pass for foreign state firms

The Australian, 30 March 2017

Foreign state-owned businesses could escape the scrutiny of the Foreign Investment Review Board for deals worth up to $100 million, under a proposal being considered by Treasury.

http://www.theaustralian.com.au/national-affairs/treasury/free-investment-pass-for-foreign-state-firms/news-story/63fe6ce89b9e511e0e32e989d11c67c2

 

Resources

China's the Real Cyclone for Coal

Bloomberg, 27 March 2017

Here's what happened to coking coal prices the last time extreme weather hit the Bowen Basin, the corner of northeastern Australia that produces about half of the tonnage in the global seaborne market:

https://www.bloomberg.com/gadfly/articles/2017-03-28/china-s-the-real-cyclone-for-australian-coal-prices

 

Silk roads and chilled beef: how China is trying to fill a Trump vacuum in Australia

Reuters, 29 March 2017

It was almost a major faux pas in sports-mad Australia - Chinese Premier Li Keqiang arrived at an Australian Rules football match in Sydney wearing the blue, black and white scarf of interstate rival Port Adelaide Power.

http://www.reuters.com/article/us-australia-china-politics-idUSKBN1700KN

 

China's clean energy lesson for Australia

AFR, 28 March 2017

One of the themes to emerge from Chinese Premier Li Keqiang's visit to Australia last week was a desire by both countries to look beyond their traditional trading relationship which has focused on resources and consumer products.

http://www.afr.com/brand/chanticleer/chinas-clean-energy-lesson-for-australia-20170328-gv83kt

 

Retail & Tourism

How daigous became a retail flood

The Australian, 1 April 2017

When Johnny Liu came to Australia just over a year ago to study commerce at the University of Melbourne, he didn’t think for a moment of making pocket money stacking supermarket shelves, pulling beers or serving patrons in fancy restaurants.

http://www.theaustralian.com.au/business/how-daigous-became-a-retail-flood/news-story/fdd9be4661c16720cbeec8c6f7952467

 

Confident Chinese travelers seek adventure in Australia

China.org.cn, 31 March 2017

More Chinese travelers are coming to Australia and seeking unique, personalized experiences, according to an authority with Tourism Australia.

http://www.china.org.cn/travel/2017-03/31/content_40533665.htm

 

Inside the Chinese ‘daigou’ shopping craze: How it’s affecting Australian companies

Smart Company, 29 March 2017

You’ve heard the stories of shoppers buying up large amounts of popular Australian products and shipping them off to China. It now turns out these same people have the power to change the fortunes of local companies.

http://www.smartcompany.com.au/industries/retail/inside-chinese-daigou-shopping-craze-affecting-australian-companies/

 

Interview: Chinese, Australian economies thrive on free trade: CEO

Xinhua, 28 March 2017

SYDNEY, March 28 (Xinhua) -- In the wake of the the landmark visit to Australia by Chinese Premier Li Keqiang, the robust relationship between the two nations has been strengthened even further, said the chief executive of one of Australia's largest companies.

http://news.xinhuanet.com/english/2017-03/28/c_136163618.htm

 

Chufei Churan twins plan to introduce Australian products to followers

News.com.au, 29 March 2017

MEET Yuni and Joyce. They are social media queens who have been dubbed the Chinese Kardashians.

http://www.news.com.au/finance/work/at-work/chufei-churan-twins-plan-to-introduce-australian-products-to-followers/news-story/7a0ab05fe55b573f16244f0d32101cd2

 

《花少3》澳洲录制引关注 推进中澳文化交流获赞

中国日报网,201742

近日,广受关注的《花儿与少年3.冒险季》赴澳大利亚拍摄。节目组深度挖掘澳大利亚极具特色的项目和路线,打造了一次极致的旅行体验。恰逢“中澳建交45周年”和“中澳旅游年”的特别年,《花少3》的文化交流之旅引起了当地媒体的热切关注。

http://news.china.com/news100/11038989/20170402/30383835.html

The well-known Chinese tourist reality show “Divas Hit the Road—Adventures Season” will be shoot in Australia.

 

China Domestic

Miss you so much, Leslie Cheung

China Daily, 01 April 2017

"I am who I am, a different color sparkler. I love myself, just like the bloomy rose waiting to flourish even in the desert," Leslie Cheung sang in one of his musical masterpieces I.

http://www.chinadaily.com.cn/culture/2017-04/01/content_28766650.htm

 

Remember the dead, pray for peace

China Daily, 01 April 2017

Veterans pay tribute on Friday at a monument commemorating those killed in the War Against Japanese Aggression (1931-45) in Chengdu, Sichuan province, on March 31, 2017. The activity was organized before Tomb-Sweeping Day, which falls on Tuesday.

http://www.chinadaily.com.cn/china/2017-04/01/content_28767217.htm

 

Alibaba and Small Business Owners

China Law Blog, 28 March 2017

The New York Times had a fascinating piece recently on the problems small business are having with knockoffs on Chinese e-commerce sites run by Alibaba. The story presented three case studies of companies making custom products: Vintage Industrial, a 25-person furniture maker based in Phoenix, All Earz Jewelry, a 1-person online jewelry shop based in Atlanta, and Reignland Concept, a 2-person online clothing store based in Los Angeles.

http://www.chinalawblog.com/2017/03/alibaba-and-small-business-owners.html?utm_source=Dan+Harris+-+China+Law+Blog&utm_campaign=8ec9ac0981-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_39bc6c6bdc-8ec9ac0981-72894641

 

Steel, coal firms told to assist laid-off workers

China Daily, 31 March 2017

The government has urged steel and coal companies to pay compensation to their laid-off employees and help them find new jobs, according to an announcement released on Thursday by the Ministry of Human Resources and Social Security.

http://www.chinadaily.com.cn/china/2017-03/31/content_28750513.htm

 

Seven new FTZs will accelerate opening-up

China Daily, 01 April 2017

China will launch seven more free trade zones starting on Saturday, including several in inland areas for the first time, a move that is expected to accelerate the country's opening-up and boost the Belt and Road Initiative, the Ministry of Commerce announced on Friday.

http://www.chinadaily.com.cn/china/2017-04/01/content_28764499.htm

 

New Zealand PM opens WeChat account to welcome Premier Li

English.gov.cn, 28 March 2017

As Premier Li Keqiang started his official visit to New Zealand, Prime Minister Bill English opened a WeChat account and wrote his first post: “Welcome Premier Li Keqiang”.

http://english.gov.cn/premier/news/2017/03/28/content_281475609864271.htm

 

腾讯OMG换帅背后:马化腾削藩 香港派力量上升

雷建平,2017328

“香港帮上位是国际管理思想进入腾讯的信号,也是腾讯终于开始进入国际市场的第一步。”上述人士指出,腾讯第二步是进入国际市场和Facebook竞争。

http://skylei.baijia.baidu.com/article/809053