The Wild Wild East 14 November 2018

Property

Where are Chinese migrants choosing to settle in Australia? Look to the suburbs

The Conversation, 05 Nov. 2018

In the iconic book The Lucky Country, author Donald Horne described Australia as the first suburban nation. Half a century later, the moniker is perhaps truer than ever. We calculate that the five largest metro areasnow house 64% of Australia’s population. And the greatest population growth is in peri-urban fringe areas.

http://theconversation.com/where-are-chinese-migrants-choosing-to-settle-in-australia-look-to-the-suburbs-103920

 

Australian property softens as Chinese buyers retreat

Asia Times, 05 Nov. 2018

Sydney housing prices are down 7.6% off last year's peak as Chinese purchasing eases and easy money dries up, but predictions of a full-blown collapse are overblown

http://www.atimes.com/article/australia-property-softens-as-chinese-buyers-retreat/

 

Real-estate mogul Ping Wei puts Longueville on the $12.5 million map

Domain, 09 Nov. 2018

Chinese real-estate mogul Ping Wei certainly made an impression on his new Sydney hometown when Shanghai United and Zobon Real Estate (he is chairman of both) bought the InterContinental Sydney Double Bay for $140 million.

https://www.domain.com.au/news/td-nov-10-780496/

 

Plunging mortgage lending levels in Australia mean 'further weakness in house prices is likely'

Business Insider, 09 Nov. 2018

Residential property lending in Australia declined again in September, in a continuation of the recent trend.

https://www.businessinsider.com.au/australian-property-home-loan-growth-credit-restrictions-2018-11

 

 

Currency & Financial

Australia asks China to give exporters more time to comply with e-commerce rule

AFR, 06 Nov. 2018

The Australian government has called on China to give dairy and vitamin exporters time to comply with new e-commerce rules that could threaten their access to the booming market if they do not have the appropriate licensing by January.

https://www.afr.com/news/world/asia/australia-asks-china-to-give-exporters-more-time-to-comply-with-ecommerce-rule-20181106-h17kz5

 

Australia seals $15b in business deals with China as tensions ease

SMH, 06 Nov. 2018

Shanghai: Trade Minister Simon Birmingham will witness the signing of business deals totalling $15 billion involving Australian and Chinese companies at an international imports fair in Shanghai, as relations between the two countries thaw.

https://www.smh.com.au/business/companies/australia-seals-15b-in-business-deals-with-china-as-tensions-ease-20181106-p50edo.html

 

As ties thaw, Australia says it welcomes Chinese investment

ABC News, 08 Nov. 2018

The Australian government's rejection of a Chinese bid to take over an energy infrastructure company does not indicate a change in the country's openness to doing business with China, Foreign Minister Marie Payne said Thursday.

https://abcnews.go.com/International/wireStory/ministers-meeting-signals-thaw-china-australia-ties-59046028

 

Aussie exporters sign China deals but worry about US trade war

AFR, 08 Nov. 2018

Shanghai | Major Australian exporters to China have signed billions of dollars in agreements this week, reaffirming trade ties with the world's second biggest economy but say they are concerned about the negative impact a prolonged trade war between Beijing and Washington will have on their businesses.

https://www.afr.com/news/world/asia/aussie-exporters-sign-china-deals-but-worry-about-us-trade-war-20181102-h17f5a

 

  

Agriculture

CHINA'S COFCO TO BUY 1 BLN YUAN OF BEEF, MUTTON FROM JBS AUSTRALIA AND ANZCO FOODS

Reuters, 06 Nov. 2018

BEIJING, Nov 6 (Reuters) - China’s COFCO Meat, a subsidiary of the COFCO Group, has signed agreements to buy over 1 billion yuan ($145 million) of beef and mutton from JBS Australia and New Zealand’s Anzco Foods, according to a statement from the company.

https://af.reuters.com/article/commoditiesNews/idAFB9N0WK01P

 

JD Fresh purchases first cherries of the season from three countries

Fresh Plaza, 09 Nov. 2018

The first session of the China International Import Exposition took place in the Shanghai Hongqiao National Conference Center. One of the main focus points of this exposition was the import of agricultural products and agricultural technology. As one of the major avenues for domestic retail of agricultural products and an online e-commerce platform for consumers of fresh agricultural products, JD purchased the first shipment of cherries from New Zealand and Chile.

https://www.freshplaza.com/article/9040955/jd-fresh-purchases-first-cherries-of-the-season-from-three-countries/

 

 

Resources

Federal Government set to block Chinese company's takeover of Australian gas network

ABC Online, 07 Nov. 2018

A multi-billion-dollar Chinese-backed takeover of more than half of Australia's gas pipeline network looks likely to be blocked by the Morrison Government.

https://www.abc.net.au/news/2018-11-07/chinese-backed-takeover-of-australian-gas-likely-to-be-blocked/10475004

  

 

Retail & Tourism

Chinese visitors driving Australian tourism boom: report

Global Times, 06 Nov. 2018

The number of Chinese visitors to Australia has grown 13 percent in a single year, a new report from the Australian government's leading tourism economics and research body showed.

http://www.globaltimes.cn/content/1126125.shtml

 

China’s Singles’ Day: why November 11 is the world’s biggest retail event

In The Black, 09 Nov. 2018

When a small group of male university students celebrated their status as bachelors back in 1993, they could never have imagined that it would spawn Singles Day, the world’s largest retail event.

https://www.intheblack.com/articles/2018/11/09/chinas-singles-day-worlds-biggest-retail-event

 

Why Alibaba wants to conquer the Australian market

ZD Net, 11 Nov. 2018

The ecommerce giant's Australia and New Zealand managing director told ZDNet the company is looking to capitalise on Australia's appeal to Chinese consumers.

https://www.zdnet.com/article/why-alibaba-wants-to-conquer-the-australian-market/

 

Alibaba clocks up $42bn in Singles Day sales

The Australian, 12 Nov. 2018

Alibaba clocks up $42bn in Singles Day sales. A staff member in Shanghai jumps for a photo to celebrate the success of Alibaba's Singles Day ...

https://www.theaustralian.com.au/business/wall-street-journal/alibaba-clocks-up-42bn-in-singles-day-sales/news-story/04593491f2f4ee186554584c5ce6606e

 

 

Education

Value of education exports never higher, despite slowdown fears

The Australian, 06 Nov. 2018

Education exports are continuing to grow at a frantic pace, even as experts warn of the danger of a slowdown in international students from China, Australia's ...

https://www.theaustralian.com.au/higher-education/value-of-education-exports-never-higher-despite-slowdown-fears/news-story/fb0fecac29f512ba1b6812ca9c696fd1

 

 

 

China Domestic

Chinese actor Yunxiang Gao's lawyer says accuser might have made up story

The Guardian, 09 Nov. 2018

The barrister for a famous Chinese actor accused of sexually assaulting a woman has told a Sydney court she may have invented the story to avoid an argument with her husband.

https://www.theguardian.com/australia-news/2018/nov/09/chinese-actor-yunxiang-gaos-lawyer-says-woman-accuser-might-have-made-up-story