The Wild Wild East 31 October 2018

Property

Poly on a growth trajectory in Australia says local boss Steve Wang

AFR, 24 Oct. 2018

Chinese real estate conglomerates Dalian Wanda, HNA, Anbang and Fosun may have withdrawn billions of dollars from offshore investments globally, but giant Chinese developer Poly is bucking the trend in Australia with plans to grow its pipeline of East Coast residential and office projects regardless of the softer market.

https://www.afr.com/real-estate/residential/poly-on-a-growth-trajectory-in-australia-says-local-boss-steve-wang-20181021-h16xkz

 

Tighter lending conditions: Explaining the turn of Australia’s housing markets

Domain, 25 Oct. 2018

The latest numbers are in – not only is the housing market downturn across Australia well underway, but the rate of decline is accelerating.

https://www.domain.com.au/news/tighter-lending-conditions-explaining-the-turn-of-australias-housing-markets-776899/

 

Ausin collapse saw Chinese investors lose millions in Australian property deals

AFR, 28 Oct 2018

Shanghai | John Wang had so much faith in property sales agency Ausin Group that he handed over $765,000 to buy his third Australian apartment without asking for a receipt.

https://www.afr.com/real-estate/ausin-collapse-saw-chinese-investors-lose-millions-in-australian-property-deals-20181024-h171qi

 

China cracks down on foreign currency transfers for property deals

AFR, 29 Oct. 2018

Shanghai |China is cracking down on its citizens skirting around the country's tight capital controls to get money out of the country to buy residential property overseas in a move that analysts say will further slow demand in the Australia market.

https://www.afr.com/real-estate/residential/china-cracks-down-on-foreign-currency-transfers-for-property-deals-20181029-h1781z

  

 

Currency & Financial

Asia Pacific shares plunge into bear territory amid fears over global economy

The Guardian, 25 Oct. 2018

Markets fall from Sydney to Shanghai as analyst warns that broad selloff could turn into a ‘capitulation’

https://www.theguardian.com/business/2018/oct/25/asia-pacific-australia-us-stocks-freefall-fears-ftse-markets-global-economy-intensifies

 

One Belt, One Road: Victoria signs MOU to join China's controversial global trade initiative

ABC Online, 26 Oct. 2018

Victoria has formally pledged to sign up to China's controversial One Belt, One Road initiative in a deal the state hopes will generate more trade and jobs.

https://www.abc.net.au/news/2018-10-26/victoria-and-china-belt-and-road-signing-mou/10435148

 

Executives hit the road to unlock China trade opportunities

The Australian, 27 Oct. 2018

A delegation of 25 Australian resources and energy executives arrived in Beijing ... Executives hit the road to unlock China trade opportunities.

https://www.theaustralian.com.au/business/markets/executives-hit-the-road-to-unlock-china-trade-opportunities/news-story/3a6556b502083fc1bea5cc422b3c4c73

 

 

Agriculture

Grape expectations: The Chinese investors buying into Barossa Valley wineries

ABC Online, 27 Oct. 2018

Chinese nationals are buying Australian vineyards and wineries at unprecedented levels, with up to 10 per cent of South Australia's iconic Barossa Valley now in Chinese hands.

https://www.abc.net.au/news/2018-10-27/china-invests-wine-barossa-valley/10429078

  

 

Resources

Australia's Woodside China's ENN Join Hands

OE Digital, 23 Oct. 2018

Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities.

https://www.oedigital.com/energy/item/17377-australias-woodside-chinas-enn-join-hands

 

 

Retail & Tourism

Bellamy's Australia sees sales falling as China competition steps up

SMH, 24 Oct. 2018

Bellamy's Australia has warned first-half sales will decline between 10 and 15 per cent compared with a year ago as the race for China's milk market is intensifying between global competitors.

https://www.smh.com.au/business/companies/bellamy-s-australia-expects-sales-to-fall-citing-product-revamp-20181024-p50bjl.html

 

Chinese tourists continue to arrive in Australia in record numbers

The Australian, 24 Oct. 2018

Chinese visitor numbers to Australia are already tracking above 2020 targets, following the eighth year of double-digit increases. The Bureau of Infrastructure, ...

https://www.theaustralian.com.au/business/aviation/chinese-tourists-continue-to-arrive-in-australia-in-record-numbers/news-story/3efee087bcea6daea587281cb71724be

 

Bubs boost not just from China

The Australian, 29 Oct. 2018

Baby food supplier Bubs has booked a rise of over 400 per cent in first-quarter ... for China registration, having entered a long-term agreement with Australia ...

https://www.theaustralian.com.au%2Fbusiness%2Fcompanies%2Fbubs-boost-not-just-from-china%2Fnews-story%2Fc68c56d5232798e8534c58c4839f2b1f&usg=AOvVaw3Ti62Mfq2JkNeJ6HJ-LDjo

 

 

 

Education

Researchers in China and Australia want to reinvent the wheel

C4isrnet, 27 Oct. 2018

Robots are not bound to the same familiar forms. Without needing to protect a soft, fleshy core, machines can be built at new scales and with strange locomotion, all in service of a strange body. Consider, then, the latest in soft robotics from China’s University of Science and Technology and Australia’s University of Wollongong: a miniature wheel, driven by sending electricity through a blob of liquid metal.

https://www.c4isrnet.com/unmanned/2018/10/26/researchers-inchina-and-australia-make-a-liquid-metal-wheel-robot/

 

 

 

China Domestic

Worried about Trump iPhone eavesdroppers? China recommends a Huawei

Reuters, 25 Oct. 2018

BEIJING (Reuters) - China’s foreign ministry has some suggestions for the Trump administration if it is worried about foreign eavesdropping on the U.S. president’s iPhones: use a Huawei handset instead.

https://www.reuters.com/article/us-usa-trump-cellphone-china/worried-about-iphone-eavesdroppers-china-says-trump-may-need-a-huawei-idUSKCN1MZ02A