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