The Wild Wild East 22 August

Property

Top Chinese property website says if anyone has been driving up house prices, 'it’s your rich dad and uncle, not rich Chinese'

Interest.co.nz, 15 August 2018

Top Chinese global property portal Juwai says the foreign buyers ban legislation passed in New Zealand on Wednesday is "neither wise nor useful" and if anybody has been driving up house prices in this country "it’s your rich dad and uncle, not rich Chinese".

https://www.interest.co.nz/property/95354/top-chinese-property-website-says-if-anyone-has-been-driving-house-prices-it’s-your

 

Australian property industry turns to India to supplement falling Chinese investment

Domain, 17 August 2018

The amount of Chinese cash which once poured into Australian property has about halved, leaving developers and agents scrambling to recapture the record volumes of investment.

https://www.domain.com.au/news/australian-property-industry-turns-to-india-to-supplement-falling-chinese-investment-20180817-h144l7-758736/

 

Melbourne and Gold Coast house and land projects suffer in Ausin China collapse

AFR, 17 August 2018

House and land projects in Melbourne and south-east Queensland are allegedly some of the projects where settlements are lost, following the collapse of residential project marketer and sales agency Ausin's Chinese offices on Thursday.

https://www.afr.com/real-estate/melbourne-and-gold-coast-house-and-land-projects-suffer-in-ausin-china-collapse-20180817-h1443g

 

 

Currency & Financial

Chinese government pushes developer to sell out Sydney project

AFR, 15 August 2018

The Chinese government has tapped apartment developer HPG, a subsidiary of Chinese conglomerate Hailiang, to divest its overseas investments, as pressure to claw back capital in China mounts.

https://www.afr.com/real-estate/chinese-government-pushes-developer-to-sell-out-sydney-project-20180814-h13y6c

 

No blacklist, says foreign investment chief

The Australian, 15 August 2018

Foreign Investment Review Board chief David Irvine has delivered a strident defence of Australia’s foreign investment regime and insists there is no “blacklist” targeting certain countries amid concerns about Chinese investment.

https://www.theaustralian.com.au/national-affairs/no-blacklist-says-foreign-investment-chief/news-story/f9243ff90ae15c62d3733075bbbe4848

 

Australian Dollar Suffers Collateral Damage in Trade War

Bloomberg, 16 August 2018

Investors have brushed aside Australia’s world-beating economic growth to make its currency the whipping boy of the trade war.

https://www.bloomberg.com/news/articles/2018-08-15/aussie-becomes-no-1-collateral-damage-in-fallout-from-trade-war

 

Agriculture

Australia’s sheepmeat exports to China saw the largest ever start to the year

Foodmag, 16 August 2018

Strong demand from China, coupled with tight supplies in New Zealand, have been key contributors to the record Australian trade lamb prices in recent weeks.

https://foodmag.com.au/australias-sheepmeat-exports-to-china-saw-the-largest-ever-start-to-the-year/

 

Australia's Treasury Wine toasts record profit, China custom delays ease

Reuters, 16 August 2018

Aug 16 (Reuters) - Australia’s Treasury Wine Estates Ltd , the world’s biggest listed winemaker, posted a forecast-beating record annual profit on Thursday as customs delays in China eased, offsetting sluggish U.S. sales.

https://www.reuters.com/article/treasury-wine-results/update-2-australias-treasury-wine-toasts-record-profit-china-custom-delays-ease-idUSL4N1V65RJ

 

Australia's seafood exports to China spike under new FTA

IntraFish, 17 August 2018

Australian rock lobster and abalone are the biggest species to have benefited from the trade deal -- but more growth opportunities are on the horizon, a new report suggests.

http://www.intrafish.com/marketplace/1556399/australias-seafood-exports-to-china-spike-under-new-fta

 

 

Resources

Goldwind renewable energy giant backs Australia’s first wind power technology test lab

Evwind, 17 August 2018

China’s largest wind energy company Goldwind have partnered the University of New South Wales (UNSW) in Australia to establish the country’s first ever laboratory to test renewable wind technology.

https://www.evwind.es/2018/08/17/goldwind-renewable-energy-giant-backs-australias-first-wind-power-technology-test-lab/64248

 

 

Retail & Tourism

Healthy Nutrition Trends Shake Up Chinese Consumer Market

Financial Times, 07 August 2018

Less than a decade ago, Henan Lotus — the world’s largest producer of monosodium glutamate — bestrode the Asian food market like a colossus, racking up sales worth billions of renminbi as China became the world’s largest consumer of the flavouring.

https://www.ft.com/content/eca4a158-94a5-11e8-b67b-b8205561c3fe

 

Aussie dairy company renews distribution agreement with CSFA Shanghai

Xinhua, 14 August 2018

CANBERRA, Aug. 14 (Xinhua) -- Australia's a2 Milk Company has renewed its strategic arrangement with China State Farm Holding Shanghai (CSFA Shanghai) on Tuesday.

http://www.xinhuanet.com/english/2018-08/14/c_137389180.htm

 

Chinese tourists flood southern hemisphere to escape summer heat

Ecns.cn, 20 July 2018

(ECNS) - High summer temperatures have driven many Chinese tourists to cooler areas around the world, with routes to Australia, Africa and South America becoming increasingly popular.

http://www.ecns.cn/news/cns-wire/2018-07-20/detail-ifywhfmh2714940.shtml

 

Education

Not everyone is celebrating the success of Australia's universities

AFR, 14 August 2018

The Australian university system is highly unusual globally in two key areas: the large size of most universities, and the high proportion of international students, particularly from China, now attending them.

https://www.afr.com/opinion/columnists/not-everyone-is-celebrating-the-success-of-australias-universities-20180813-h13wr6

 

Australia’s hidden asset: Universities are the new wealth of nations

Student International, 16 August 2018

President and Vice-Chancellor of UNSW and Chair of the Group of Eight Universities, Professor Ian Jacobs, addressed the National Press Club in Canberra on Tuesday.

https://www.studyinternational.com/news/australias-hidden-asset-universities-are-the-new-wealth-of-nations/

 

 

China Domestic

How ‘Skr’ Took Over the Chinese Internet

Sixth Tone, 07 August 2018

Hit reality show “The Rap of China” is back with a new Chinese name and the same big-name judge in pop idol-turned-rapper Kris Wu — and the show has continued to attract eyeballs since another of Wu’s trademark catchphrases went viral.

http://www.sixthtone.com/news/1002728/how-skr-took-over-the-chinese-internet