FOREIGN INVESTORS HELPED MELBOURNE’S OFFICE MARKET TO NEW HEIGHTS IN 2017
Commercial Real Estate, 16 Jan. 2018
Office sales in Melbourne’s CBD in 2017 increased more than 200 per cent from the previous year and more than doubled the 10-year average of $1.8 billion, according to latest research from Savills Australia.
Chinese property buyers disappear in 'perfect storm'
AFR, 17 Jan. 2018
Major Chinese developers have warned that the decline in foreign buyers in the residential property market has reached critically low levels as taxes and credit restrictions all but collapse demand.
Wanda Is Said to Be Near Sale of Australia Property Projects
Bloomberg, 18 Jan. 2018
(Bloomberg) -- Billionaire Wang Jianlin’s Dalian Wanda Group Co. is close to reaching an agreement to sell two Australian luxury property projects -- one in Sydney and one on the nation’s Gold Coast, according to people familiar with the matter.
China's YuHu eyes Wanda Group's two Australian property sites
The Australian, 18 Jan. 2018
Mr Tobin most recently served as general manager of another Chinese-backed property company, Aqualand, and was general manager of Willoughby City Council between 2007 and 2014 where he completed a $300 million capital works program.
Currency & Financial
Joining China’s new silk road will help fast-track Australia
The Australian, 18 Jan. 2018
At a security dialogue in Beijing a few years ago, one of our Chinese hosts asked me what I thought of the proposed One Belt, One Road initiative. I responded positively, looking at what the proposal could mean for China’s western regions in terms of economic development, and then beyond that to Central and South Asia, and ultimately to Europe.
China's economy grew 6.9 per cent in 2017, eclipsing official targets but doubts remain
ABC Online, 18 Jan. 2018
It is barely two weeks since the books for 2017 were ruled off, but for China's hard working statisticians that is enough time to calculate that the world's second biggest economy grew at a better than expected 6.9 per cent last year.
Bellamy’s Australia surges on higher profit guidance
Financial Times, 16 Jan. 2018
Bellamy’s Australia, makers of organic baby food, jumped nearly 28 per cent per cent on Tuesday after it upgraded its profit and revenue guidance for the 2018 financial year on expectations of higher consumption in China.
First cattle shipment from Northern Australia heads for China
By James Nason, 17 January 2018
Australia’s growing cattle export trade to China has marked another milestone, with the first shipment of slaughter cattle to be sourced and shipped from northern Australia set to leave Townsville for China this evening.
Aussie gas exports hit record high on back of China boom
Xinhua, 17 Jan. 2018
CANBERRA, Jan. 17 (Xinhua) -- Australia's liquefied natural gas (LNG) exports have hit a record high on the back of strong demand from China, according to a top energy consultant.
Retail & Tourism
China shuts Marriott's website over Tibet and Taiwan error
BBC, 12 Jan. 2018
China has shut down the Chinese websites of Marriott International for a week, after the firm listed Tibet and others as separate countries.
Chinese consumers pick safety as top priority for infant goods
Korea Herald, 11 Jan. 2018
Product safety is the top priority for Chinese consumers of infant goods, a report said Thursday.
Australia steps up efforts to woo Chinese tennis tourists
Reuters, 18 Jan. 2018
MELBOURNE (Reuters) - The Australian Open has stepped up efforts to lure Chinese tennis fans to Melbourne Park by boosting broadcast and sponsorship deals.
Australia fears decline in Chinese students over ‘treason’ laws
Times Higher Education, 16 Jan. 2018
The number of Chinese students at Australian universities could decline in the wake of new anti-treason laws that have been portrayed as “anti-China” by the People’s Republic, experts have warned.
Netizens get nostalgic after '90s milestone
China Daily, 02 Jan. 2018
WeChat and Sina Weibo, two of China's most popular social media, have been awash with nostalgia in recent days, as millions of netizens have posted pictures of themselves at age 18.