The Wild Wild East 04 July

Property

Chinese developers here to stay, unperturbed by government measures to cool foreign buying

Domain, 25 June 2018

Two of the biggest Chinese developers in Australia say the government’s measures to cool foreign buying won’t hinder their plans to further invest in the country’s apartment market.

https://www.domain.com.au/news/chinese-developers-here-to-stay-unperturbed-by-government-measures-to-cool-foreign-buying-20180625-h11od0-441494/

 

Chinese property buyers facing friendlier tax regimes in 2018-19

Australia China Business Review, 29 June 2018

Chinese property investors eyeing Australian markets are unlikely to face any new foreign buyer taxes in 2018-19, following imposts being put in place or increased in top buying destinations over the past three years.

https://www.acbr.com.au/chinese-property-buyers-facing-friendlier-tax-regimes-2018-19

 

Fancy a sea change? Geelong, Byron Bay, Wollongong lead regional property boom

AFR, 29 June 2018

Nic Cuni decided to move from Melbourne to Geelong a few years ago and hasn't looked back.

https://www.afr.com/real-estate/residential/fancy-a-sea-change-geelong-byron-bay-wollongong-lead-regional-property-boom-20180606-h110qf

 

Foreign Investment in Residential Real Estate Fell 69% Last Year

The Urban Developer, 29 June 2018

The foreign acquisition of Australian assets is affected by a number regulatory, fiscal and monetary “push” and “pull” factors.

https://theurbandeveloper.com/articles/foreign-investment-in-residential-real-estate-fell-69-last-year-

 

Housing investment credit growth has hit an all-time low in Australia

Business Insider Australia, 29 June 2018

Private sector credit figures released by the RBA today provided more evidence that the effect of tighter lending standards is being felt in Australia’s housing market.

https://www.businessinsider.com.au/australian-property-investor-loan-growth-2018-6

 

Currency & Financial

Singapore investment surges as Chinese capital halves: Knight Frank

AFR, 27 June 2018

Soaring appetite from Singaporean investors and a pick-up in capital inflows from Hong Kong, South Korea and Japan more than offset the halving in real estate investment from China last year, Knight Frank figures show. 

https://www.afr.com/real-estate/singapore-real-estate-investment-surges-as-chinese-capital-halves-knight-frank-20180627-h11x4i

 

Investors line up for childcare

The Australian, 27 June 2018

Australia's childcare sector is on the precipice of an investment boom, with a record 101 freehold childcare centres transacting for $404 million

https://www.theaustralian.com.au/business/property/investors-line-up-for-childcare/news-story/cb829300d08ef820314669335d73d038

 

Australian funds to target Asia’s wealthy after new legislation

International Investment, 29 June 2018

Australian investment funds will be allowed to be marketed across Asia through a new so-called passport agreement.

http://www.internationalinvestment.net/regions/australia/australia-funds-to-target-asias-wealthy-after-new-legislation/

 

China's stock market and currency just had one of their worst months on record. Should we worry?

ABC Online, 1 July 2018

The US-China trade conflict will ratchet up another notch this week as rhetoric transitions to action and the US imposes a 25 per cent tariff on a narrow $US34 ($46) billion worth of imports.

http://www.abc.net.au/news/2018-07-01/chinese-currency-stockmarket-just-had-one-worst-months-on-record/9920626

 

Agriculture

Why Australia is not making the most of its China seafood opportunity

AFR, 27 June 2018

Australia's seafood export trade with China is being held back by bureaucratic delays and a blackmarket trade from Hong Kong and Vietnam falsely claiming to be Australian.

https://www.afr.com/news/economy/trade/why-australia-is-not-making-the-most-of-its-china-seafood-opportunity-20180626-h11wh8

 

COFCO to consolidate Australian operations

World Grain, 27 June 2018

MELBOURNE, AUSTRALIA — COFCO International, an agriculture supply chain company based in Hong Kong, said it plans to close its office in Toowoomba, Australia, and consolidate operations to its existing location in Melbourne.

http://www.world-grain.com/articles/news_home/World_Grain_News/2018/06/COFCO_to_consolidate_Australia.aspx?ID=%7BED754DB0-6211-42FA-B2A5-C4B6D001C5ED%7D

 

Chinese meat scientist visiting NSW DPI in Cowra

Cowra Guardian, 01 July 2018

Chinese scientist Dr Yimin Zhang is visiting the NSW Department of Primary Industries (DPI) Centre for Red Meat and Sheep Development near Cowra for six months.

https://www.cowraguardian.com.au/story/5454556/chinese-meat-scientist-visiting-nsw-dpi-in-cowra/

 

Resources

Natural gas pipeline to create up to 350 jobs, but raises questions about foreign investment

ABC Online, 28 June 2018

In the middle of remote Central Australia, work has quietly begun on a 450-kilometre natural gas pipeline owned in part by the Hong Kong-based company that launched a $13 billion takeover of Australia's largest gas network operator earlier this month.

http://www.abc.net.au/news/2018-06-27/natural-gas-pipeline-to-create-350-jobs-foreign-investment-worry/9873154

 

WGC: Australia, US in line to meet Chinese LNG demand

Oil & Gas Journal, 28 June 2018

Future incremental Chinese demand for LNG will be met first from Australia and next by expansions to already approved US plants, Hans Kristian Danielsen, DNV GL Oil & Gas sales director and vice-president for marketing, told Oil & Gas Journal at the World Gas Conference in Washington, DC. Chinese demand growth not met by these two supply sources would fall to greenfield developments in the US, Australia, and elsewhere, Danielsen continued.

https://www.ogj.com/articles/2018/06/wgc-australia-us-in-line-to-meet-chinese-lng-demand.html

 

Retail & Tourism

Perth's beachside skyscrapers win planning approval

Australia China Business Review, 27 June 2018

A new beachside tourism precinct in Perth is set to become reality, after Chinese developer 3 Oceans Property received planning approval for its $450 million, two-tower hotel and apartments project in newly-redeveloped Scarborough.

https://www.acbr.com.au/perths-beachside-skyscrapers-win-planning-approval

 

Seafolly aims to sell Australia's beach lifestyle to China

AFR, 28 June 2018

Private equity-backed Seafolly is looking to China for its next leg of growth, setting up shop on the country's largest cross-border e-commerce platform, Alibaba Group's Tmall Global, next month.

https://www.afr.com/business/retail/clothing-and-accessories/seafolly-aims-to-sell-australias-beach-lifestyle-to-china-20180628-h11zr5

 

Wattle Health Australia expands infant formula empire in mainland China

Small Caps, 29 June 2018

Nutritional products supplier Wattle Health Australia (ASX: WHA) has agreed on a deal with Chinese company Shandong Weihai Port International Trade Co for the supply of Wattle’s conventional cow infant formula range.

https://smallcaps.com.au/wattle-health-australia-infant-formula-mainland-china/

 

Education

Business schools grapple with number of Chinese students

The Australian, 27 June 2018

Chinese students in Australia dominate a range of popular finance and business courses offered by metropolitan univer­sities through a sheer weight of numbers. Often more than eight in 10 students in particular courses are international students, particularly students from China.

https://www.theaustralian.com.au/higher-education/business-schools-grapple-with-number-of-chinese-students/news-story/23ae79ed539bb7e364e01c99ca6d5699

 

China Domestic

Odds of Getting a Beijing License Plate Are Now 1 in 2,031

Sixth Tone, 26 June 2018

Residents of Beijing, China’s often gridlocked capital, now have record low odds of getting a license plate, at 1 in 2,031 for new applicants.

http://www.sixthtone.com/news/1002522/Odds%20of%20Getting%20a%20Beijing%20License%20Plate%20Are%20Now%201%20in%202,031/

 

Chinese star Yunxiang Gao won't flee sex assault charges, lawyer says

The Guardian, 28 June 2018

A woman who says she was sexually assaulted by a famous Chinese actor had been besotted with him on the set of a TV series being filmed in Sydney, the actor’s lawyer told court.

https://www.theguardian.com/australia-news/2018/jun/28/chinese-star-yunxiang-gao-wont-flee-sex-assault-charges-lawyer-says