The Wild Wild East 24 January 2018

Property

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.

https://www.commercialrealestate.com.au/news/foreign-investors-helped-melbournes-office-market-to-new-heights-in-2017/

 

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.

http://www.afr.com/real-estate/chinese-property-buyers-have-disappeared-20180116-h0j2wb

 

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.

https://www.bloombergquint.com/business/2018/01/17/wanda-is-said-to-be-nearing-sale-of-australian-property-projects-jcio63f0


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.

http://www.theaustralian.com.au/business/property/chinas-yuhu-eyes-wanda-groups-two-australian-property-sites/news-story/006965eeb8776ee52860c5fc9a167a42


 

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.

http://www.theaustralian.com.au/opinion/joining-chinas-new-silk-road-will-help-fasttrack-australia/news-story/c06e5c6200364f938873c663db29f8ba

 

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.

http://www.abc.net.au/news/2018-01-18/china-gdp-beats-forecasts-growing-at-6.9pc-in-2017/9341560

 

 

Agriculture

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.

https://www.ft.com/content/de06e4b8-f196-35b6-ac43-6e7abc2797ec

 

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.

https://www.beefcentral.com/live-export/first-cattle-shipment-from-northern-australia-heads-for-china/

 

 

Resources

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.

http://www.xinhuanet.com/english/2018-01/17/c_136902662.htm

 

 

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.

http://www.bbc.com/news/business-42658070

 

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.

http://www.koreaherald.com/view.php?ud=20180111000396

 

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. 

https://www.reuters.com/article/us-tennis-ausopen-china/australia-steps-up-efforts-to-woo-chinese-tennis-tourists-idUSKBN1F717R

 

 

Education

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.

https://www.timeshighereducation.com/news/australia-fears-decline-chinese-students-over-treason-laws

 

 

China Domestic

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.

http://usa.chinadaily.com.cn/a/201801/02/WS5a4aca8ca31008cf16da4890.html