The Wild Wild East 29 August

Property

Chinese buyers high-rolling back to Australia

Asia Times, 20 August 2018

Chinese investors are returning to Australian property assets after a one-year hiatus as an investment sanctuary from rising US-China trade tensions

http://www.atimes.com/article/chinese-buyers-high-rolling-back-to-australia/

 

Property investors face double blow as prices, yields slide

AFR, 22 August 2018

With property prices in the major cities on the slide, investors may turn to a trusted measure of value to consider their investments – the rental yield.

https://www.afr.com/real-estate/sagging-rents-could-be-the-last-straw-for-property-prices-20180821-h1494t

 

Chinese developer set to proceed with townhouse plans for South Geelong super site

News.com.au, 24 August 2018

A MELBOURNE-based Chinese developer is set to go ahead with approves plans for 28 townhouses on a massive site next to South Geelong Railway Station.

https://www.news.com.au/finance/real-estate/melbourne-vic/chinese-developer-set-to-proceed-with-townhouse-plans-for-south-geelong-super-site/news-story/c1e661aab133c170293738433591a0a8

 

 

Currency & Financial

Australia can ride out a weaker currency as politics turns ugly

Financial Times, 24 August 2018

A potential challenge to the leader of the ruling party, the threat of a looming election, a political climate fuelled by anti-immigration sentiment and a weaker currency — ingredients that may have investors instinctively thinking about the UK but are instead being played out in Australia.

https://www.ft.com/content/f9da8e4c-a6d3-11e8-8ecf-a7ae1beff35b

 

New Australian PM Has History of Blocking Chinese Investment

Caixin, 24 August 2018

(Beijing) — Australia has a new prime minister, Scott Morrison, a conservative that in recent years has blocked several Chinese investments, with observers saying that Canberra is likely to continue to take a tough stance on China.

https://www.caixinglobal.com/2018-08-24/new-australian-pm-has-history-of-blocking-chinese-investment-101318546.html

 

Investors wait on Morrison for market cues

The Australian, 26 August 2018

Australians will wait to see what Scott Morrison has to say on financial policy before investing their money, with an expected flat open to share market trading this week.

https://www.theaustralian.com.au/news/latest-news/investors-wait-on-morrison-for-market-cues/news-story/53c72596b4dca23a8fd9d891dc9b41ba

 

Chinese ride-share company makes $1 billion investment

9News, 26 August 2018

China's largest ride-hailing firm Didi Chuxing is looking to expand into Australia after investing US$1 billion in its auto-services business.

https://www.9news.com.au/videos/world/cjl9xr0wv001f0is5xuoj5bp3/chinese-ride-share-company-makes-1-billion-investment

 

 

Agriculture

Chinese access drives Aussie stonefruit

Fruitnet, 22 August 2018

Australia's stonefruit exports are expected to continue on an upward curve in marketing year 2018/19 as demand for the fruit in China continues to increase.

http://www.fruitnet.com/produceplus/article/176428/chinese-access-drives-aussie-stonefruit

 

How China’s Distrust in Chinese Products Benefits Australia

Money Morning, 25 August 2018

In Australia, we’re lucky that when we go to the supermarket, butcher, fishmonger, market — the list goes on — we don’t usually have to second guess or be concerned that we’re not actually getting what we asked for.

https://www.moneymorning.com.au/20180825/how-chinas-distrust-in-chinese-products-benefits-australia.html

 

 

Resources

Western Australia junior gets 'conerstone' funding from Chinese battery manufacturer

Mining.com, 22 August 2018

Cassini Resources, which is trying to advance a nickel-copper-PGE sulphide deposits and gold in Western Australia, received a US$3.09 million placement from Chinese lithium-ion battery materials manufacturer, Guangzhou Tinci Materials Technology.

http://www.mining.com/western-australia-junior-gets-conerstone-funding-chinese-lithium-ion-battery-manufacturer/

 

 

Retail & Tourism

Tourism Australia Enters Strategic China Partnerships

Travel Trade Daily, 21 August 2018

Tourism Australia signed two strategic deals in China with Cathay Pacific Airways and Mafengwo.com, described as one of the top Chinese digital travel platforms.

https://traveltradedaily.com/asia-pacific-bit-of-news/item/5176-tourism-australia-enters-strategic-china-partnerships

 

China’s online giant Alibaba’s warning to laggard Australian retailers

News.com.au, 21 August 2018

IT IS one of the fastest growing retailers in the country, and Chinese goliath Alibaba has a dire warning for its rivals.

https://www.news.com.au/finance/business/retail/chinas-online-giant-alibabas-warning-to-laggard-australian-retailers/news-story/f2ff115e6b71e46f5ea3c020e9232966

 

A2 Milk more than doubles profit as baby formula sales skyrocket in China and Australia

Finance.nine.com.au, 22 August 2018

An explosion in Chinese and Australian demand for New Zealand-made baby formula has https://traveltradedaily.com/asia-pacific-bit-of-news/item/5176-tourism-australia-enters-strategic-china-partnerships ($177.9 million).

https://finance.nine.com.au/2018/08/22/12/50/aa2-milk-more-than-doubles-profit-as-baby-formula-sales-skyrocket-in-china-and-australia

 

 

Education

New $8m investment boosts UNSW-China innovation partnership

UNSW Sydney Newsroom, 23 August 2018

The agreement will support 10 major technological innovation projects undertaken by UNSW researchers and Chinese institutes.

https://newsroom.unsw.edu.au/news/science-tech/new-8m-investment-boosts-unsw-china-innovation-partnership

 

 

China Domestic

Burying ‘One Child’ Limits, China Pushes Women to Have More Babies

The New York Times, 11 August 2018

BEIJING — For decades, China harshly restricted the number of babies that women could have. Now it is encouraging them to have more. It is not going well.

https://www.nytimes.com/2018/08/11/world/asia/china-one-child-policy-birthrate.html