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Chinese real estate conglomerates Dalian Wanda, HNA, Anbang and Fosun may have withdrawn billions of dollars from offshore investments globally, but giant Chinese developer Poly is bucking the trend in Australia with plans to grow its pipeline of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