The Wild Wild East 19 September 2018

Property

Chinese apartment developers build big in Melbourne

Australia China Business Review, 10 Sep. 2018

Property developers backed out of China and Hong Kong are pushing on with some of Melbourne’s biggest residential projects, amid declining investor activity and high levels of supply.

https://www.acbr.com.au/chinese-apartment-developers-build-big-melbourne

 

Australian real estate ranks second only to the US for Chinese property investors

The New Daily, 11 Sep. 2019

Last year Chinese investors poured a massive $US17.4 billion ($24.5 billion) into Australian real estate, according to a new report.

https://thenewdaily.com.au/money/property/2018/09/11/foreign-investment-real-estate/

 

CHINA’S POLY GROUP TO BEGIN BUILDING A$300M SYDNEY TOWER

MINGTIANDI, 14 Sep. 2018

Chinese conglomerate and property heavyweight China Poly Group Corporation has hired Australia-listed construction company Watpac to begin construction of its A$300 million office tower in central Sydney, according to the Australian local media.

https://www.mingtiandi.com/real-estate/outbound-investment/china-poly-hires-contractor-to-begin-sydney-project/

 

Glorious Sun shines on $28m office sales

SMH, 15 Sep. 2018

A Hong Kong conglomerate which owns the Jeanswest brand in Australia has ramped up its local property holdings, gaining control of two suburban offices worth $28 million.

https://www.smh.com.au/business/companies/glorious-sun-shines-on-28m-office-sales-20180913-p503lb.html

  

 

Currency & Financial

The Aussie Is Increasingly Tied to China Risks, BNY Mellon Says

Bloomberg, 12 Sep. 2018

The link between Australia’s dollar and China’s stock market is now the tightest in more than a decade, illustrating the risks for the exchange rate as China decides how to respond to U.S. trade threats, according to Bank of New York Mellon Corp.

https://www.bloomberg.com/news/articles/2018-09-12/the-aussie-is-increasingly-tied-to-china-risks-bny-mellon-says

 

Proposed China tax changes alarm Australian business

AFR, 12 Sep. 2018

Shanghai | Proposed changes to China's taxation system which will make it easier to tax foreign employees' offshore income have alarmed Australian businesses operating in the world's second-largest economy. They warn the reforms will make it harder to attract talented executives to the country.

https://www.afr.com/news/world/asia/proposed-china-tax-changes-alarm-australian-business-20180912-h159t0

 

The Australian dollar's pain is very much the economy's gain

Reuters, 13 Sep. 2018

SYDNEY (Reuters) - The Australian dollar is paying for the sins of others as investors short the commodity-exposed currency to 2-1/2-year low as a hedge against risks to global trade, China and emerging markets.

https://www.reuters.com/article/us-australia-economy-dollar/the-australian-dollars-pain-is-very-much-the-economys-gain-idUSKCN1LT0P6

  

 

Agriculture

Australia’s salmon exports to China drop; Chile’s surge

Under Current News, 13 Sep. 2018

SHANGHAI, China -- The CEO of Australian salmon farmer Tassal Group blamed a drop in Australia’s fresh Atlantic salmon exports to China on the Asian country’s demand for large-sized fish, which Australia lacked in the first half of this year.

https://www.undercurrentnews.com/2018/09/13/australias-salmon-exports-to-china-drop-chiles-surge/

 

CHINA’S MOST POPULAR BY THE GLASS WINE IS FROM AUSTRALIA

The Drinks Business, 14 Sep. 2018

The most popular red wine by the glass poured on-premise at hotels and restaurants in China’s capital Beijing is produced by Australia’s De Bortoli Wines, a survey by global wine analytics experts MiBD Markets has found.

https://www.thedrinksbusiness.com/2018/09/chinas-most-popular-by-the-glass-wine-is-from-australia/

 

 

Resources

Australia's Port Hedland iron ore shipments to China rise nearly 10 percent in August

Reuters, 10 Sep. 2018

SYDNEY (Reuters) - Iron ore shipments to China from Australia’s Port Hedland terminal rose nearly 10 percent in August from a month earlier, port data released on Monday showed.

https://www.reuters.com/article/us-australia-iron/australias-port-hedland-iron-ore-shipments-to-china-rise-nearly-10-percent-in-august-idUSKCN1LQ06A

 

 

Retail & Tourism

Daniel Zhang: The Man behind Tmall Global

The Australian, 11 Sep. 2018

Alibaba CEO Daniel Zhang will succeed Jack Ma as chairman when Ma steps down next year.

https://www.theaustralian.com.au/business/opinion/the-man-behind-tmall-global/news-story/6e2b8bf7bf0b1aaf4d6f6a435ccd6fa0

 

Daigou specialist AuMake adds dairy supplements to product mix

Australia China Business Review, 14 Sep. 2018

Retail distribution group AuMake International has added dairy supplements to its portfolio of goods tailored for Chinese consumers, after taking a half stake in manufacturer Herbsmart.

https://www.acbr.com.au/daigou-specialist-aumake-adds-dairy-supplements-product-mix

 

Bvlgari to Open at Sydney in Another Australian Airport First

Jing Daily, 11 Sep. 2018

Editor’s note: Australia, in particular, the city of Sydney, has long been one of the most popular travel destinations among China’s luxury shoppers. According to Tourism Australia, there were more than 1.4 million Chinese tourist arrivals in the 12 months ending June 2018, up 12.9 percent year-on-year, accounting for nearly 16 percent of total tourist arrivals in the period. This story originally appeared on The Moodie Davitt Report, our content share partner. 

https://jingdaily.com/bvlgari-sydney-airport/

 

DHL ECOMMERCE MAKE IT EASIER TO SHIP FROM AUSTRALIA TO CHINA

Post & Parcel, 14 Sep. 2018

DHL eCommerce has partnered with AuMake, an ASX listed retailer connecting Australian suppliers directly with Chinese consumers, to enable quality deliveries direct from Australia to China, starting today. AuMake’s growing database of over 80,000 members will now be able to ship direct to China with DHL eCommerce Parcel International Direct shipping solution, a high quality and affordable tracked solution with fast transit times of 5-7 days.

https://postandparcel.info/98178/news/dhl-ecommerce-make-it-easier-to-ship-from-australia-to-china/

 

 

Education

China-Australia collaboration wins international award

Xinhua, 13 Sep. 2018

SYDNEY, Sept. 13 (Xinhua) -- The Torch Innovation Precinct at Australia's University of New South Wales (UNSW), which is based on a Chinese model, has taken out a top international education award for best Public/Private Partnership at a ceremony in London last week.

http://www.xinhuanet.com/english/2018-09/13/c_137465171.htm

 

 

China Domestic

Concerns missing Chinese actor Fan Bingbing has fallen foul of authorities

The Guardian, 12 Sep. 2018

Concerns have intensified that one of China’s most famous actors, Fan Bingbing, who has not been in public for months, may be in trouble with the authorities after she came last in a ranking of social responsibility among celebrities.

https://www.theguardian.com/world/2018/sep/12/concerns-missing-chinese-actor-fan-bingbing-has-fallen-foul-of-authorities