The Wild, Wild East 19 July 2017



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.

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.


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.


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.


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.


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.


'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.


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.


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.


Agriculture & Food

Wattle Health moves to secure China market, 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.


Australian wines the best in Chile, 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.


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.



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.


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.


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.


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.


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.


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.


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.


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.


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.



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.




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.


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.


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.


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.