The Wild Wild East 27 December 2017

Property

Wanda's Gold Fields sale draws regulatory interest

The Australian, 17 Dec. 2017

The sale of Dalian Wanda's flagship Sydney asset, Gold Fields House, three years after it was added to the global giant's real estate portfolio is shaping up as a deal that would be watched by regulators both in Australia and mainland China.

http://www.theaustralian.com.au/business/dataroom/wandas-gold-fields-sale-draws-regulatory-interest/news-story/493d2dde589a7c2e25141cd7330f400d

 

Chinese developer uses Sydney office buildings to get capital for landbanking
AFR, 18 Dec. 2017

Chinese investors and developers have found a way around China's capital clampdown, securing loans from private lenders in Australia using existing properties as collateral.
http://www.afr.com/real-estate/chinese-developer-uses-sydney-office-buildings-to-get-capital-for-landbanking-20171212-h031or

 

China's HNA Group to sell $US6bn in overseas property

The Australian, 18 Dec. 2017

One of China's biggest deal makers is looking to sell a large portfolio of commercial properties in New York, London and other major cities, according to people familiar with the matter, in a sharp reversal of its buying spree in recent years.

http://www.theaustralian.com.au/business/property/chinas-hna-group-to-sell-us6bn-in-overseas-property/news-story/40e62ed933a5ffbd20d4f1c7ff17f7a1

 

Ironfish announces strategic investment in Juwai.com

Juwai, 19 Dec. 2017

Ironfish, one of Australia's largest and fastest-growing property investment groups, has announced a strategic investment in Juwai.com.

https://list.juwai.com/news/2017/12/ironfish-investment-juwai

 

Datong general manager Ping Huang flies out, leaving U2 on Waymouth developer rudderless

The Advertiser, 23 Dec. 2017

SIX WEEKS after the chairman of a troubled Adelaide developer flew to China – allegedly leaving millions of dollars in debt in his wake – his number two has followed suit.

http://www.adelaidenow.com.au/business/datong-general-manager-ping-huang-flies-out-leaving-u2-on-waymouth-developer-rudderless/news-story/79dd4e4b98cfb07bbe124d6857f107bd

 

 

Currency & Financial

China eases back on deals

The Australian, 18 Dec. 2017

The selldown of a possible $US6 billion ($7.8bn) of international assets by China's once acquisitive HNA Group marks the end of a year that saw a sharp slowdown of Chinese outward investment.

http://www.theaustralian.com.au/business/opinion/china-eases-back-on-deals/news-story/bb2a1b1aa14a7c3bd7cd0c753872c7f8

 

Invesco's Max Swango keen on Australia's banking gap
AFR, 18 Dec. 2017

Competition for non-bank lending is reaching boiling point with the managing director of the US-based fund Invesco Max Swango visiting Australia to push hard in the local market and replicate its US strategy of filling the gap banks have left open.
http://www.afr.com/real-estate/invescos-max-swango-keen-on-australias-banking-gap-20171117-gznaky

 

Blackstone, KKR to become big players in Australia's mortgage market
AFR, 19 Dec. 2017

A decade ago, the barbarians had arrived at the barbie. America's top buy-out funds launched dashing debt-fuelled raids of Australia's top companies – Myer, Coles, Nine, Seven and Qantas. 
http://www.afr.com/business/blackstone-kkr--to-become-big-players-in-australias-mortgage-market-20171218-h06xwo

 

China extends investment crackdown to private sector companies
AFR, 20 Dec 2017

Private-sector Chinese companies looking to invest overseas will now face similar scrutiny to their state-owned counterparts, in what is shaping up as a further obstacle for deals into Australia.
http://www.afr.com/news/world/asia/china-extends-investment-crackdown-to-private-sector-companies-20171220-h07uf1

 

New Zealand blocks China's HNA due to ownership doubts

Reuters, 20 Dec. 2017

WELLINGTON/SYDNEY (Reuters) - New Zealand has blocked HNA Group’s $460 million purchase of a vehicle finance firm owned by Australia and New Zealand Banking Group (ANZ.AX) in the latest in a series of setbacks around the world for the acquisitive Chinese conglomerate.

https://www.reuters.com/article/us-anz-bank-sale-hna/new-zealands-investment-regulator-blocks-anzs-udc-sale-to-chinas-hna-idUSKBN1EE2VS

 

 

Agriculture

Agricultural cycle on fire: Australian farmland returns closing in on 17 per cent
AFR, 17 Dec. 2017

Returns from Australia's top farming properties are now almost three times higher than those from comparable farm operations in the United States according to the latest farmland index compiled by the National Council of Real Estate Investment Fiduciaries.
http://www.afr.com/real-estate/agricultural-cycle-on-fire-australian-farmland-returns-closing-in-on-17-per-cent-20171214-h04t9k

 

China, Australia free trade deal helps boosts Aussie exports

Under Current News, 22 Dec. 2017

Two years after it first came into effect, the China-Australia free trade agreement (FTA) is continuing to deliver great benefits to both nations, reports Xinhua Net. 

https://www.undercurrentnews.com/2017/12/22/china-australia-free-trade-deal-helps-boosts-aussie-exports/

 

 

Resources

Ships in a bottleneck: China, Australia ports clogged as coal, iron ore demand soars

Reuters, 20 Dec. 2017

SINGAPORE (Reuters) - More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a maritime traffic jam that spotlights bottlenecks in China’s huge and global commodity supply chain as demand peaks this winter.

https://www.reuters.com/article/shipping-china-jam/ships-in-a-bottleneck-china-australia-ports-clogged-as-coal-iron-ore-demand-soars-idUSL4N1E7346

 

Beijing Jingneng seeks clean energy growth from Australia and Beijing Olympics

South China Morning Post, 22 Dec. 2017

Beijing Jingneng Clean Energy, a wind and natural gas energy firm controlled by the Beijing municipal government, is eyeing a major expansion of its renewable energy capacity in Australia and cleaner heating project opportunities from the 2022 Beijing Winter Olympics.

http://www.scmp.com/business/companies/article/2125334/beijing-jingneng-seeks-clean-energy-growth-australia-and-beijing

 

 

Retail & Tourism

What you need to know about WeChat, China's tech juggernaut making waves in Australia

ABC Online, 18 Dec. 2017

WeChat is the most popular social media app in China. Since 2011, it has transformed from a messaging tool to an all-in-one super portal, with more than 900 million monthly active users.

http://www.abc.net.au/news/2017-12-18/wechat-what-you-need-to-know-about-china-social-media-juggernaut/9268036

 

How The World's Biggest Brands Are Marketing Christmas To China This Year

Forbes, 19 Dec. 2017

News of a Chinese university banning Christmas to avoid "corrosive" Western culture could fool some into believing that atheist China is the world’s biggest Christmas Grinch. In reality, it is anything but.

https://www.forbes.com/sites/tannermark/2017/12/19/christmas-in-china/#78a2aa693e0c

 

Hainan Airlines launches non-stop service between Shenzhen, China and Cairns, Australia

Markets Insider, 20 Dec. 2017

SHENZHEN, China, Dec. 20, 2017 /PRNewswire/ -- Hainan Airlines Holding Co., Ltd. ("Hainan Airlines") launched a non-stop service between Shenzhen, China and Cairns, Australia. The maiden flight of Hainan Airlines HU745, which took off from Shenzhen Bao'an International Airport at 10:50 pm on December 19, 2017 Beijing time, landed at Cairns Airport at 8:30 am on December 20, 2017 local time. Following the roll-out of the Shenzhen-Brisbane service on September 20, 2017, this will be Hainan Airlines' second direct flight service from Shenzhen to Queensland as well as the airline's sixth direct flight service to Australia.

http://markets.businessinsider.com/news/stocks/Hainan-Airlines-launches-non-stop-service-between-Shenzhen-China-and-Cairns-Australia-1011671072

 

 

Education

Australia's Diplomatic Dustup With China Threatens Its Number Two Export Industry: Education

Forbes, 18 Dec. 2017

Australia's relationship with its top trading partner, China, is suddenly on the rocks. Echoing the Russian election-meddling scandal in the US, Australia's Prime Minister Malcolm Turnbull has accused China of interfering in Australian politics as Australian Senator Sam Dastyari has been forced from office over allegations of Chinese influence-peddling. Australia's spy agency, the ASIO, reportedly believes that several Australian politicians have links to Chinese intelligence services.

https://www.forbes.com/sites/salvatorebabones/2017/12/18/australias-diplomatic-dustup-with-china-threatens-its-number-two-export-industry-education/#6d058a3164cf

 

China swoops on flight schools to solve pilot shortage

The Australian, 22 Dec. 2017

Chinese companies are swooping on Australian flight training schools increasingly stricken by skyrocketing costs and crippling red tape, amid predictions that the nation will be forced to import scores of commercial pilots from Asia and Africa in coming years.

http://www.theaustralian.com.au/business/aviation/china-swoops-on-flight-schools-to-solve-pilot-shortage/news-story/804d8eeddc1b844874ada8e782b6a185

 

 

China Domestic

‘Worst day’ as fears grow Chinese superstar boxer Zou Shiming might have lost sight in left eye during flight

South China Morning Post, 22 Dec. 2017

Chinese boxing superstar Zou Shiming’s career is in jeopardy after the former WBO flyweight world champion suffered a suspected detached retina on a flight home.

http://www.scmp.com/sport/china/article/2125462/worst-day-fears-grow-chinese-superstar-boxer-zou-shiming-might-have-lost

 

Nostalgia spells success

China Daily, 21 Dec. 2017

Youth has raked in 480 million yuan since being released on Dec 15, and could be a big winner for Feng Xiaogang. Xu Fan reports.

http://www.chinadaily.com.cn/a/201712/21/WS5a3af687a31008cf16da282c.html