The Wild Wild East 01 August 2018

Property

Chinese Hilton owners look to double money on Gold Coast flagship

AFR, 23 July 2018

The five-star Hilton Hotel in Surfers Paradise is for sale – with a price tag of about $80 million – after its Chinese based investors decided to sell out.

https://www.afr.com/real-estate/chinese-hilton-owners-look-to-double-money-on-gold-coast-flagship-20180723-h130ms

 

iProsperity targets Pullman on the Park hotel in Melbourne

The Australian, 25 July 2018

The Chinese-backed private equity and property firm has rapidly earned the ... Ranked among the top-10 hotel owners in Australia, iProsperity controls a ...

https://www.theaustralian.com.au/business/property/iprosperity-targets-pullman-on-the-park-hotel-in-melbourne/news-story/006ec78f53f941cb38bb770978b9e181

 

Yuan's fall could drive Chinese property investment in Australia

The Australian, 29 July 2018

The falling yuan could prompt Chinese nationals to invest more in offshore assets such as Australian real estate as a hedge against depreciation risk, according ...

https://www.theaustralian.com.au/business/property/yuans-fall-could-drive-chinese-property-investment-in-australia/news-story/6bd0a2add2419102116710d761dfd300

 

 

Currency & Financial

Big four banks up the ante to entice favoured borrowers

AFR, 24 July 2018

The big four banks are offering cash back, discounts and other lucrative incentives in a bid to boost business and shareholder returns as well as fight fierce competition from smaller lenders.

https://www.afr.com/real-estate/big-four-banks-up-the-ante-to-entice-favoured-borrowers-20180723-h131dw

 

Shanghai’s business elite experience WA opportunities

Australia China Business Review, 26 July 2018

A high-powered delegation of Shanghai’s business elite has touched down in Western Australia, to discover investment opportunities in the fields of agriculture, education, tourism and the resources sector.

https://www.acbr.com.au/shanghais-business-elite-experience-wa-opportunities

 

IJF Australia has attracted investment from China's ZBOM Cabinets

The Advertiser, 29 July 2018

ADELAIDE-based commercial joinery company IJF Australia has attracted a multimillion dollar investment from one of China's biggest furniture manufacturers on ...

https://www.adelaidenow.com.au/subscribe/news/1/index.html?sourceCode=AAWEB_WRE170_a_GGL&mode=premium&dest=https://www.adelaidenow.com.au/business/sa-business-journal/ijf-australia-has-attracted-investment-from-chinas-zbom-cabinets/news-story/5225e216120b6cb3cdc6e244501416bb&memtype=anonymous

 

 

Agriculture

Chinese demand drives Australian wine exports to record high

Xinhua, 25 July 2018

CANBERRA, July 25 (Xinhua) -- Australian wine exports have hit a new record high with China remaining the most lucrative market.

http://www.xinhuanet.com/english/2018-07/25/c_137347301.htm

 

Australia's agriculture minister hails 'good friend' China

Reuters, 26 July 2018

BUENOS AIRES (Reuters) - Australia is working to increase its meat exports to China, its agriculture minister told Reuters in an interview on Wednesday, describing the Asian giant as “a good friend” despite recent trade tensions between the two nations.

https://www.reuters.com/article/us-australia-trade/australias-agriculture-minister-hails-good-friend-china-idUSKBN1KG01Y

 

 

Resources

Iron ore set for price crash in second half, warns RBC

The Australian, 25 July 2018

If the forecast comes true, it will also impact federal and West Australian tax and ... The main risks to the bearish RBC forecasts are that the Chinese property ...

https://www.theaustralian.com.au/business/mining-energy/iron-ore-set-for-price-crash-in-second-half-warns-rbc/news-story/d017542fd22384ed58e194d2135a45ac

 

 

Retail & Tourism

Why a brand new Aussie skincare company is only making their products available to Chinese women

Daily Mail, 28 July 2018

A skincare brand that is owned by Australians and produced down under has made the strategic move to sell outside the Australian market.

http://www.dailymail.co.uk/femail/article-6001749/Why-brand-new-Aussie-skincare-company-making-products-available-Chinese-women.html

 

CHINESE INTERNATIONAL TRAVEL MONITOR 2018

Hotels.com, July 2018

The report is based on research involving Chinese international travelers, combined with proprietary data from Hotels.com and other research. 

http://www.citmhotels.com/assets/download/Hotels.com%20CITM%20Report%202018_ENG.pdf?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180724_m146381458_20180725+-+1&utm_term=Chinese+International+Travel+Monitor+2018

 

Many Chinese consumers ready to boycott US goods in trade war

Financial Times, 17 July 2018

A majority of Chinese consumers would be prepared to boycott US goods in the event of a trade war with Washington, a survey has found, .

https://www.ft.com/content/18ced918-89c7-11e8-bf9e-8771d5404543

 

 

Education

International students must be protected from exploitation

The Australian, 25 July 2018

The vexed issue of international student workplace exploitation is attracting a great deal of attention.

https://www.theaustralian.com.au/higher-education/international-students-must-be-protected-from-exploitation/news-story/2b0442a37db9ecd29f4c78424217de76

 

 

China Domestic

'2018 Sing! China' attracts more talented grassroots singers

Shine.cn, 27 July 2018

The new episode of the reality competition show “2018 Sing! China” will feature performances from more gifted grassroots singers.