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