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