The Wild Wild East 27 June 2018

Property

The second Asian wave: Macau investors land in Australia with cash to spend

AFR, 20 June 2018

If the year had been 2015, an underbidder of a prized office tower like 187 Thomas Street in Sydney's Chinatown would likely be a cashed-up Chinese or local investor.

https://www.afr.com/real-estate/the-second-asian-wave-macau-investors-land-in-australia-with-cash-to-spend-20180618-h11jks

 

Foreign buyer crackdown misses many property deals, says audit

The Australian, 20 June 2018

Analysis undertaken by the Australian National Audit Office has found the federal governments crackdown on foreign investors in residential ...

https://www.theaustralian.com.au/business/property/foreign-buyer-crackdown-misses-many-property-deals-says-audit/news-story/73325b1e1f47746b113e4c1f4aceb5d3

 

China's Aqualand takes 15pc stake in real estate agency McGrath

The Australian, 20 June 2018

The most recent deal will see Aqualand take a 15 per cent stake in listed real estate agency McGrath as well as a board seat. 

https://www.theaustralian.com.au/business/chinas-aqualand-takes-15pc-stake-in-real-estate-agency-mcgrath/news-story/6bc4826cff0e0b2feb9e2c24ec065e8f

 

Investor lending falls almost $100 billion in 12 months as property market softens

ABC Online, 22 June 2018

The steady strangulation of investors in the property market has intensified with the outstanding value of interest-only loans falling by almost $100 billion over the past year.

http://www.abc.net.au/news/2018-06-22/investor-lending-strangled-falling-16pc-over-the-year/9898244

 

Currency & Financial

Australian dollar sinks to one-year low, Wall Street dips on US-China trade war concerns

ABC Online, 19 June 2018

The Australian dollar sank to a one-year low, as US-China tensions continue to fester and base metal prices slid.

http://www.abc.net.au/news/2018-06-19/australian-dollar-1-year-low-wall-street-dips-us-china-trade-war/9884836

 

McGrath shares are soaring after property developer Aqualand takes a 15% stake

Business Insider Australia, 20 June 2018

Property development and investment group Aqualand Group has made a $10.7 million strategic investment in ASX-listed real estate agent McGrath.

https://www.businessinsider.com.au/mcgrath-aqualand-strategic-stake-2018-6

 

Fears about rollover of interest-only loans in Australia

News.com.au, 21 June 2018

FOR years a property boom in Australia has been partly fuelled by the growth of interest-only loans but this is coming to an end, sparking fears of a “nightmare scenario”.

https://www.news.com.au/finance/fears-about-rollover-of-interestonly-loans-in-australia/news-story/88416ef076eb77e3fdbd0227647697ad

 

Agriculture

Growth Farms offers investors a slice of Australian farmland

By Beef Central, 20 June 2018

Specialist agricultural asset manager Growth Farms Australia this week launched an innovative investment trust that will buy agricultural land and lease it to primary producers. Farm leasing is a well-established model in the US and other markets, and Growth Farms Australia says it also has strong potential in the local agricultural sector.

https://www.beefcentral.com/property/growth-farms-offers-investors-a-slice-of-australian-farmland/

 

Record shipment of alpaca fleece to China signals new industry for Australia

ABC Online, 24 June 2018

Record volumes of alpaca fleece are being shipped to China in what is hoped will set the industry up as a major new arm of Australian agriculture.

http://www.abc.net.au/news/2018-06-24/record-shipment-of-alpaca-fleece-to-china-signals-industry-shift/9890826

 

Australia’s wool industry to celebrate 50 year-plus China partnership

By Sheep Central, 25 June 2018

AUSTRALIA’S wool industry will this year celebrate more than 50 years of successful wool trading and industry development co-operation with China.

https://www.sheepcentral.com/australias-wool-industry-to-celebrate-50-year-plus-china-partnership/

 

Resources

Renewables to account for 90pc of Australian power by 2050: report

SMH, 19 June 2018

A new report forecasts renewable generation will account for more than 90 per cent of Australian power by 2050 as nearly all of the nation’s coal-fired power stations close in the next 30 years, and costs for new build renewables fall compared to coal.

https://www.smh.com.au/business/the-economy/renewables-to-account-for-90-per-cent-of-all-australian-power-by-2050-says-new-report-20180619-p4zmcm.html

 

Retail & Tourism

Australia eyes cosmetics boom as China eases mandatory animal testing

AFR, 22 June 2018

Australian exporters are eyeing China's $60 billion cosmetics market following a breakthrough in efforts to end mandatory animal testing on beauty products, which has prevented many companies from selling products in the world's second-largest economy.

https://www.afr.com/news/world/asia/australia-eyes-cosmetics-boom-as-china-eases-mandatory-animal-testing-20180621-h11pbt

 

Tourism changes needed to make WA China-Ready: report

Australia China Business Review, 25 June 2018

Western Australian tourism operators aren’t doing enough to attract Chinese visitors, according to a new report, which showed small changes to government policy could have a big impact in terms of attracting more tourists.

https://www.acbr.com.au/tourism-changes-needed-make-wa-china-ready-report

 

No wallet, no worries: Australian shops adopt Chinese payment apps

SBS, 24 June 2018

Vicky Yang pays for her groceries, not with cash or card, but by using an app on her mobile phone. 

https://www.sbs.com.au/news/no-wallet-no-worries-australian-shops-adopt-chinese-payment-apps

 

Education

China leads billion-dollar, education-driven Asian land grab in Brisbane

Courier Mail, 24 June 2018

CASHED-up Asian investors and “tiger mums” spent more than $1 billion in a Brisbane property binge last year. Foreign families have flocked ...

https://www.couriermail.com.au/news/queensland/china-leads-billiondollar-educationdriven-asian-land-grab-in-brisbane/news-story/8fcf11cac596b269ec829d51bebda538

 

Chinese property investment soars in Qld as record number of uni students enrol

The Australian, 25 June 2018

Chinese property investment is soaring in Queensland as a record number of students from the country enrol to study in the Sunshine State.

http://www.abc.net.au/news/2018-06-25/chinese-property-investment-soars-in-south-east-queensland/9905558

 

China Domestic

The Many Faces of China’s Soccer Fanatics

The Sixtone, 22 June 2018

SHANGHAI — China isn’t competing in the FIFA World Cup this year — not that you’d know it from the soccer mania that has taken hold of the country.

http://www.sixthtone.com/news/1002499/the-many-faces-of-chinas-soccer-fanatics

The Wild Wild East 20 June 2018

Property

CHINESE INVESTORS NOW AFTER SMALLER, HIGHER-QUALITY REAL ESTATE IN AUSTRALIA: REPORT

Commercial Real Estate, 12 June 2018

Chinese investors and developers are targeting smaller, higher-quality real estate assets in Australia in response to Beijing’s recent restrictions on capital outflows, says a report by KPMG and the University of Sydney.

https://www.commercialrealestate.com.au/news/chinese-investors-now-after-smaller-higher-quality-real-estate-in-australia-report/

 

Borrowers face three-fold increase in property deposits as lenders tighten terms

AFR, 14 June 2018

A typical deposit on a $1 million residential property has nearly tripled from about $50,000 to $150,000 as borrowers commit to tougher standards demanded by regulators, increasing pressure on the Bank of Mum and Dad or unsecured loans to make up shortfalls, lending analysis shows.

https://www.afr.com/personal-finance/borrowers-face-twofold-increase-in-property-deposits-as-lenders-tighten-terms-20180613-h11cwy

 

Westpac shakes up loan book to win back property investors

AFR, 13 June 2018

Westpac, the nation's second-largest lender, is aggressively restructuring its loan book in response to rapidly changing market and regulatory conditions, particularly for property 

Investors.

https://www.afr.com/business/banking-and-finance/westpac-shakes-up-loan-book-to-win-back-property-investors-20180612-h11b4l

 

ING stops lending to expats wanting to buy Aussie property

AFR, 15 June 2018

ING Australia, a division of the global financial giant, is slamming the door shut on expatriate Australians needing finance to buy property here, the second major international bank to cut credit to local borrowers in a week.

https://www.afr.com/brand/special_reports/private_banking/ing-stops-lending-to-expats-wanting-to-buy-aussie-property-20180614-h11eyq

 

Currency & Financial

Crackdown fails to stem tide of Chinese cash

The Australian, 09 June 2018

The amount of cash being brought in from China and declared at the nation’s airports has risen significantly in the past two years, raising questions about whether Beijing’s crackdown on capital flight has investors seeking other ways to move money.

https://www.theaustralian.com.au/national-affairs/immigration/crackdown-fails-to-stem-tide-of-chinese-cash/news-story/c60be048fa4e2d2c375038c8a8199aea

 

Costs of Australia's relationship with China are adding up

AFR, 11 June 2018

Even if it's not yet publicly spelled out, there's a growing difference of opinion between Australia's political and business leadership over China.

https://www.afr.com/opinion/columnists/costs-of-australias-relationship-with-china-are-adding-up-20180611-h1187f

 

This is why Chinese investors are feeling apprehensive about investing in Australia

Business Insider Australia, 12 June 2018

The political debate about Chinese investment, and reports of increasing Chinese influence in politics, has lifted apprehension among investors from China about Australia.

https://www.businessinsider.com.au/chinese-investors-australia-apprehensive-cautious-2018-6

 

Beijing's crackdown on overseas investment has hit Australia hard

Business Insider Australia, 12 June 2018

Chinese investment in Australia dropped 11% to $US10.3 billion ($A13.3 billion) in 2017 as China applied the brakes to foreign investing, according to analysis by KPMG and the University of Sydney.

https://www.businessinsider.com.au/chinese-investment-in-australia-11-2018-6

 

Agriculture

Emerging Chinese market expected to change Australia's northern cattle industry

ABC Online, 12 June 2018

A live cattle exporter believes the Chinese market will change the way cattle producers in northern Australia run their stations.

http://www.abc.net.au/radio/programs/nt-country-hour/china-live-ex/9860940

 

China a growth market for lobster

Queensland Country Life, 15 June 2018

After Beef Week it was a nice change to head to Western Australia in late May and talk to some lobster growers about their industry and their key market, China.

https://www.queenslandcountrylife.com.au/story/5470627/aussie-lobsters-china-bound/?cs=4699

 

GRAPES OF WRATH: DARK CLOUDS FOR AUSTRALIAN WINEMAKERS AS CHINA TIES SOUR

South China Morning Post, 16 June 2018

Set in the rolling green hills outside the Queensland capital of Brisbane, Sirromet Winery has placed big bets on China. Exports of its Australian vintage now make up 30 per cent of its total sales, double what it was five years ago. Such is its popularity that Sirromet is now visited regularly by tourists from mainland China, necessitating the need for dedicated Mandarin speaking guides.

http://www.scmp.com/week-asia/business/article/2151032/grapes-wrath-dark-clouds-australian-winemakers-china-ties-sour

 

AgriFutures Australia targets emerging industries for investment

The Advocate, 17 June 2018

Truffles, quinoa, manuka honey, hemp seed and dairy goat products are just some of the 26 industries highlighted by AgriFutures Australia as priorities, with Tasmania staking a strong claim in their production.

https://www.theadvocate.com.au/story/5470793/tasmanias-stake-in-the-countrys-emerging-agricultural-future/

 

Resources

Yancoal Australia plans US$800m listing in Hong Kong

Business Times, 15 June 2018

ASX-listed Yancoal Australia is planning a dual primary listing in Hong Kong this year which could raise about US$600m-US$800m, according to people familiar with the situation..

https://www.businesstimes.com.sg/energy-commodities/yancoal-australia-plans-us800m-listing-in-hong-kong

 

Retail & Tourism

Bubs Australia continues China push with Alibaba, Deloraine Dairy deal

AFR, 08 June 2018

Bubs Australia is hoping to gain a further foothold in the lucrative Chinese baby formula market after penning a deal with online giant Alibaba Group, as well as local manufacturer Australia Deloraine Dairy.

https://www.afr.com/business/retail/fmcg/bubs-australia-pens-deals-with-alibaba-deloraine-dairy-20180607-h114n9

 

SYDNEY’S GOLDEN AGE FOR LUXURY RETAIL DRIVEN BY TOURISM, YOUNGER CONSUMERS

Commercial Real Estate, 11 June 2018

Tiffany & Co., Bulgari, Prada, Versace, Louis Vuitton … It’s late-night shopping in Sydney’s city centre and the luxury stores are all bustling.

https://www.commercialrealestate.com.au/news/sydneys-golden-age-for-luxury-retail-driven-by-tourism-younger-consumers/

 

Education

Why Chinese women students face problems in Australia

The Australian, 12 June 2018

When Chinese students do meet Australian students, they sometimes get a chilly ... families to focus on education and career and go forth as successful women.

https://www.theaustralian.com.au/higher-education/why-chinese-women-students-face-problems-in-australia/news-story/1c3967a9815fe0c2c12ff21f1654e3af

 

What Chinese students think

The Australian, 13 June 2018

Over 100,000 Chinese are paying top dollar to study in Australian universities. Do they enjoy the experience? Is the cost worthwhile? We asked five graduates to tell

https://www.theaustralian.com.au/higher-education/what-chinese-students-really-think-of-australian-universities/news-story/d3a36519f7e3e48f11a2900ff140d335

 

 

China Domestic

Iceland goalkeeper Hannes Thór has thanked Chinese fans for their support

China News Plus, 19 June 2018

Iceland goalkeeper Hannes Thór #Halldórssonhas thanked Chinese fans for their support for Iceland football on Weibo on Sunday.

https://twitter.com/ChinaPlusNews/status/1008980774484262912

 

200 years of Chinese-Australians: First settler's descendants reconnect with their roots

ABC Online, 10 June 2018

Barry Shying and his grandson Nick have a unique surname, which many people over the years have jokingly said sounds "very Chinese".

http://www.abc.net.au/news/2018-06-10/first-chinese-settlers-descendants-reconnect-with-their-roots/9845804

The Wild Wild East 13 June 2018

Property

Sydney, Melbourne property prices to fall for another 18 months, says CBA

SMH, 23 May 2018

In the space of just 12 months, Australia’s housing market has been turned on its head.

https://www.smh.com.au/business/the-economy/sydney-melbourne-property-prices-to-fall-for-another-18-months-says-cba-20180523-p4zgxr.html

 

Falling house prices just the start of $47 billion foreign buyer bust, experts say

Domain, 1 June 2018

The foreign buyer boom in Australia may be over, but the fallout from a $47 billion drop-off in property investment is just beginning.

https://www.domain.com.au/news/falling-house-prices-just-the-start-of-47-billion-foreign-buyer-bust-experts-say-20180601-h10sm7/

 

Black Diamondz founder Monika Tu makes every second count

In The Black, 1 June 2018

From property to education to networks, nothing beats local knowledge if you’re looking to make a go of it in Australia. Black Diamondz founder Monika Tu has built a business on smoothing the way for high-net-worth Chinese investors and immigrants.

https://www.intheblack.com/articles/2018/06/01/monika-tu-black-diamondz-founder

 

Aussie property: Feng shui the key to boosting value

My Business, 05 June 2018

Demographer and social commentator, Bernard Salt, has said that while Australian homes have been influenced by English, Greek and Italian lifestyles in the past, feng shui could well be the next element to boost a property’s value.

https://www.mybusiness.com.au/finance/4434-aussie-property-feng-shui-the-key-to-boosting-value-2

 

Rich Lister Harry Triguboff warns tighter bank lending hurting property market

AFR, 5 June 2018

Australia's second richest person, Harry Triguboff, has warned bank lending is tightening in response to the royal commission, hurting the property market at a vulnerable time as he hit out at focusing on borrower expenses when determining mortgage approvals.

https://www.afr.com/real-estate/residential/rich-lister-harry-triguboff-lashes-attack-on-the-banks-that-will-affect-us-all-20180604-h10ys6

 

Currency & Financial

Investors look to RBA, GDP for hike guidance

AFR, 3 June 2018

The release of first quarter GDP data and a meeting of the Reserve Bank of Australia will be keenly watched by investors eager for clarity on the trajectory of domestic interest rates after the ongoing strength of the US economy was underlined by a robust jobs report,

https://www.afr.com/markets/equity-markets/local-investors-await-raft-of-data-rba-statement-20180601-h10vmj

 

Will Australia die by the Chinese sword?

News.com.au, 06 June 2018

LIVE by the sword, die by the sword. That’s what they say. In Australia’s case, the sword we’ve lived by has been China. The world’s biggest country has grown rich by feeding on our steel and coal, and we have grown rich alongside it.

https://www.news.com.au/finance/economy/world-economy/will-australia-die-by-the-chinese-sword/news-story/cb1a9462931889f8160966b51cafda08

 

Australia’s economy is going strong, but the fate of its currency is in question

CNBC, 7 June 2018

The Australian economy has gone without a recession for 26 straight years and is still going strong, but the same can't be said about the performance of its currency.

https://www.cnbc.com/2018/06/07/australian-dollar-is-weak-even-as-economy-outperforms.html

 

Agriculture

Foreign investment in agriculture skyrockets with China leading way

The Weekly Times, 5 June 2018

FOREIGN investment in Australian agriculture has skyrocketed to $7 billion, with China the biggest single source.

https://www.weeklytimesnow.com.au/news/national/foreign-investment-in-agriculture-skyrockets-with-china-leading-way/news-story/5ca84eff40c0aaa5d8d480b942730978

 

Australian wine firms press Prime Minister Malcolm Turnbull to visit China after diplomatic row puts a stopper on exports

South China Morning Post, 06 June 2018

Australian winemakers on Wednesday urged Prime Minister Malcolm Turnbull to visit China to resolve diplomatic tensions blamed for trade obstacles that have raised concerns about the future of the nation’s wine export market.

http://www.scmp.com/news/asia/australasia/article/2149534/australian-wine-firms-press-prime-minister-malcolm-turnbull

 

Let’s not point the finger at China, says Trade Minister Ciobo

The Australian, 07 June 2018

Trade Minister Steven Ciobo has declared Australia should not run around “pointing fingers” at individual countries, in an attempt to smooth over tensions with China.

https://www.theaustralian.com.au/national-affairs/lets-not-point-the-finger-at-china-says-trade-minister-ciobo/news-story/6f0b4c485f1731e00e78ce733896eb7c

 

Resources

Rio Tinto inks exploration agreement with China's Minmetals

Reuters, 7 June 2018

(Reuters) - Global miner Rio Tinto inked a joint venture agreement with China Minmetals Corp on Thursday, as the companies look to explore mineral deposits in China.

https://www.reuters.com/article/us-rio-tinto-plc-jointventure-minmetals/rio-tinto-inks-exploration-agreement-with-chinas-minmetals-idUSKCN1J31DJ

 

FMG acquires 19.9% of Atlas, could block takeover

Australia China Business Review, 7 June 2018

China-focused iron ore miner Fortescue Metals Group has acquired 19.9 per cent of Atlas Iron, casting doubt on whether a $280 million takeover bid for Atlas by Mineral Resources will go ahead.

https://www.acbr.com.au/fmg-acquires-199-atlas-could-block-takeover

 

Retail & Tourism

Chinese consumers show strong demand for imported products: MOC

Xinhua Net, 28 May 2018

BEIJING, May 28 (Xinhua) -- Chinese consumers want imported products, a survey showed Monday.

http://www.xinhuanet.com/english/2018-05/28/c_137212542.htm

 

Chinese Group Wants to Turn Australian Prison Into a Luxury Resort

Jing Daily, 01 June 2018

Chinese investors are looking to Australia for new tourism opportunities. However, the latest high-profile Chinese investment in Australia is unique, to say the least. The Wufu Investment Group has reportedly paid US$3 million (AU$4 million) for a former prison on French Island in the state of Victoria. The group plans on turning the compound into a resort for Chinese tourists.

https://jingdaily.com/australian-prison-resort/

 

Vicinity to sell $1b in shopping centres

AFR, 4 June 2018

Vicinity Centres, the country's second largest retail landlord, has dramatically escalated its strategy to fortify its trophy assets, with a plan to sell off $1 billion in smaller malls in the next six months.

https://www.afr.com/real-estate/vicinity-to-sell-1bn-in-shopping-centres-20180603-h10wz7

 

Education

What we know about why Chinese students come to Australia to study

The Conversation, 31 May 2018

In 2016-17 Australia’s third largest export, international education, leapt from A$23.6 billion to a record high of A$28 billion. Within the higher education sector, the highest intake of international students is of Chinese origin.

https://theconversation.com/what-we-know-about-why-chinese-students-come-to-australia-to-study-97257

 

Chinese liquor maker Moutai establishes international scholarship program at UNSW

PR Newswire, 1 June 2018

SYDNEY, June 1, 2018 /PRNewswire/ -- On May 31, the University of New South Wales (UNSW), world-renowned for its prowess in the engineering field, accepted a US$450,000 donation from Chinese liquor maker Moutai Group at a special ceremony announcing the gift. The donation will become the first scholarship program established by Moutai outside of its home market of China.

https://www.prnewswire.com/news-releases/chinese-liquor-maker-moutai-establishes-international-scholarship-program-at-unsw-300658419.html

 

 

China Domestic

Chinese students sport Nike in turnout at 'gaokao' exam

Reuters, 7 June 2018

BEIJING (Reuters) - Lu Mengqi showed up for the first day of China’s annual college entrance exam, known as the “gaokao”, in a black Nike T-shirt featuring the brand’s trademark swoosh logo. In red.

https://www.reuters.com/article/us-china-exam-apparel/chinese-students-sport-nike-in-turnout-at-gaokao-exam-idUSKCN1J30NP

 

How The ‘Gaokao’ Rewards Students for Being Rich

Sixtone, 14 May 2018

Back in March, China’s Ministry of Education eliminated a number of preferential programs that allowed students to earn bonus points on the gaokao, China’s college entrance examination. Now, students are no longer eligible for extra marks based on standout performances in athletic, artistic, or scientific competitions. Bonus points for being granted the title of “provincial-level outstanding student” have also been abolished.

http://www.sixthtone.com/news/1002260/how-the-gaokao-rewards-students-for-being-rich

 

 

 

The Wild Wild East 06 June

Property

Sydney, Melbourne property prices to fall for another 18 months, says CBA

SMH, 23 May 2018

In the space of just 12 months, Australia’s housing market has been turned on its head.

https://www.smh.com.au/business/the-economy/sydney-melbourne-property-prices-to-fall-for-another-18-months-says-cba-20180523-p4zgxr.html

 

CBA reveals latest crackdown to stop property buyers from borrowing too much

AFR, 26 May 2018

Commonwealth Bank home loan applicants will from this weekend have to reveal their total borrowings on everything from school fees to car loans and credit cards in response to regulatory …

http://www.afr.com/business/banking-and-finance/cba-reveals-latest-crackdown-to-stop-property-buyers-from-borrowing-too-much-20180524-h10iwu

 

Developer offering 'Afterpay' style financing for real estate with 'preposit' plan

AFR, 28 May 2018

People struggling to buy property are being offered a 'preposit' that enables them to rent while saving for a deposit, as finance companies apply 'Afterpay' sales methods to real estate.

https://www.afr.com/real-estate/developer-offering-afterpay-style-financing-for-real-estate-with-preposit-plan-20180527-h10m0z

 

Chinese foreign buyer boom over: UBS

AFR, 29 May 2018

The large numbers of residential foreign buyers from the boom of 2012-17 are unlikely to be repeated, a UBS report says.

https://www.afr.com/real-estate/chinese-foreign-buyer-boom-over-ubs-20180529-h10o07

 

Why it's unlikely foreign demand for Australian housing has suddenly collapsed

Business Insider, 30 May 2018

The value of approvals for foreign investment in Australia’s housing market tumbled last financial year, according to Australia’s Foreign Investment Review Board (FIRB).

https://www.businessinsider.com.au/australia-housing-market-foreign-buyer-approvals-firb-2018-5

 

 

Currency & Financial

Australia rises to 19th in IMD World Competitiveness Yearbook

AFR, 24 May 2018

Strong investment, population growth, exchange rate stability and an improving budget outlook are among drivers of a rise in Australia's global competitiveness, which continues to hampered by high energy costs, inefficient taxes and shoddy city planning.

http://www.afr.com/news/economy/australia-rises-to-19th-in-imd-world-competitiveness-yearbook-20180523-h10fwp

 

How Australian businesses can win over Chinese associates

AFR, 28 May 2018

Australia has been busy debating race, in particular the Asian races, what with Clive Hamilton writing a book about China’s influence on Australia and fake claims about spies and international espionage circling our great nation.

https://www.afr.com/brand/boss/how-australian-businesses-can-win-over-chinese-associates-20180508-h0zrvr

 

Chinese companies care about profits not politics, says Zhejiang official

AFR, 28 May 2018

At a gathering of Chinese and Australian business people in Sydney, there was a concerted effort to cast the current political tensions as a temporary blip in the relationship rather than any serious damage.

https://www.afr.com/news/policy/foreign-investment/chinese-companies-care-about-profits-not-politics-says-zhejiang-official-20180528-h10n9e

 

Australia's spat with China just a 'misunderstanding', says Chinese business delegation

ABC Online, 30 May 2018

Several diplomatic dramas over the past few weeks have sent relations with China into the deep freeze.

http://www.abc.net.au/news/2018-05-30/australia-china-spat-misunderstanding-business-delegation/9815820

 

 

Agriculture

Australian exporters still need to work harder at understanding Chinese business, expert says

ABC Online, 24 May 2018

A fiery editorial in a Chinese state-owned paper will not hurt the roughly $11.5 billion worth of Australian exports, but experts say it highlights some issues with the trade.

http://www.abc.net.au/news/rural/2018-05-25/farmers-on-china-australia-trade-tension/9794680

 

Feral donkeys eyed for dinner plates and Chinese medicine

ABC Online, 26 May 2018

At Packsaddle north of Broken Hill, Joe Baty and his family are chasing feral donkeys onmotorbikes.

http://www.abc.net.au/news/2018-05-26/feral-donkeys-in-australia-eyed-for-dinner-plates/9790856

 

1,280 breeding goats fly from Australia to China

Xinhua Net, 30 May 2018

CHANGCHUN, May 30 (Xinhua) -- A total of 1,280 Saanen breeding goats from Australia have landed in Changchun, capital of northeast China's Jilin Province, Wednesday.

http://www.xinhuanet.com/english/2018-05/30/c_137217800.htm

 

 

Resources

Lone Star bets on China in $401 million bid for Australia's Sino Gas & Energy

Reuters, 31 May 2018

(Reuters) - Australia’s Sino Gas & Energy Holdings Ltd (SEH.AX) agreed on Wednesday to a A$530 million ($401 million) takeover offer from U.S. private equity firm Lone Star, saying the risks the company faces in China justified putting the bid to a vote.

https://www.reuters.com/article/us-sino-gas-m-a-lone-star/lone-star-bets-on-china-in-401-million-bid-for-australias-sino-gas-energy-idUSKCN1IV2XZ

 

 

Retail & Tourism

WeChat Impact Report 2018 shows impressive social impact

Walk The Chat, 14 May 2018

The WeChat Impact Report 2018 is out!

https://walkthechat.com/wechat-impact-report-2018-shows-impressive-social-impact/

 

Australia's postal service opened a store whose only customers are personal shoppers for Chinese buyers

Business Insider, 23 May 2018

Australia Post opened a concept store that sells health and beauty products that customers ship to China.

http://www.businessinsider.com/australia-post-store-for-daigou-who-ship-products-to-china-2018-5

 

China Plans Tariff Cut on Wide Range of Consumer Goods

Bloomberg, 24 May 2018

China is planning to reduce import duties on consumer goods ranging from food to cosmetics, people familiar with the matter said.

https://www.bloomberg.com/news/articles/2018-05-24/china-is-said-to-plan-tariff-cut-on-wide-range-of-consumer-goods?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180529_m145591153_20180530+-+1&utm_term=China+Plans+Tariff+Cut+on+Wide+Range+of+Consumer+Goods

 

 

Education

University warns research deals with China and others are at risk

The Guardian, 29 May 2018

Changes to laws governing collaboration between Australian and overseas research organisations could damage the increasingly lucrative trade in research partnerships, the University of NSW has warned.

https://www.theguardian.com/australia-news/2018/may/30/university-warns-research-deals-with-china-and-others-are-at-risk

 

HOW NEW STUDENT ACCOMMODATION IS ACTIVATING NEGLECTED PARTS OF AUSTRALIAN CITIES

Commercial Real Estate, 30 May 2018

Australia’s $20-billion international education industry is changing the face of cities as student accommodation increasingly shifts from closed college campuses out into the mainstream community.

https://www.commercialrealestate.com.au/news/how-new-student-accommodation-is-activating-neglected-parts-of-australian-cities/

 

 

China Domestic

China Considers Ending Birth Limits as Soon as This Year

Bloomberg, 21 May 2018

China is planning to scrap all limits on the number of children a family can have, according to people familiar with the matter, in what would be a historic end to a policy that spurred countless human-rights abuses and left the world’s second-largest economy short of workers.

https://www.bloomberg.com/news/articles/2018-05-21/china-said-to-consider-ending-birth-limits-as-soon-as-this-year?utm_source=news_chinaskinny_com&utm_medium=email&utm_content=The+Weekly+China+Skinny&utm_campaign=20180529_m145591153_20180530+-+1&utm_term=China+Considers+Ending+Birth+Limits+as+Soon+as+This+Year

 

Fan Bingbing’s Leaked Contract Breaks the Chinese Internet

Sixth Tone, 30 May 2018

The issue of dizzyingly high celebrity pay tends to rile up the Chinese public whenever it comes to light — so when outspoken TV presenter and producer Cui Yongyuan alleged this week that A-list actress Fan Bingbing had been paid millions of dollars for just four days of acting work, a storm of mudslinging followed, with fans from both sides rushing to the defense of their idols.

http://www.sixthtone.com/news/1002383/Fan%20Bingbing’s%20Leaked%20Contract%20Breaks%20the%20Chinese%20Internet/

 

 

 

The Wild Wild East 30 May

Property

Homeloans, Bankwest tighten rates and terms for property borrowers

AFR, 17 May 2018

ASX-listed lender Homeloans and CBA-owned Bankwest are the latest lenders to tighten rates or conditions for residential property borrowers.

http://www.afr.com/business/banking-and-finance/homeloans-bankwest-tighten-rates-and-terms-for-property-borrowers-20180516-h105wy

 

Expats snap up trophy properties as dollar and prices fall

AFR, 18 May 2018

Cashed-up expatriates are making the most of the falling Australian dollar and weakening property prices to snap up trophy properties in prestige postcodes costing upwards of $5 million.

http://www.afr.com/personal-finance/expats-snap-up-trophy-properties-as-dollar-and-prices-fall-20180517-h10686

 

Demand from foreign buyers to surge in next decade, says global head of residential at Knight Frank

Domain, 18 May 2018

Australia’s housing market has seen nothing yet when it comes to demand from foreign buyers, according to a senior executive at one of the world’s largest property consultancies.

https://www.domain.com.au/news/demand-from-foreign-buyers-to-surge-in-next-decade-says-global-head-of-residential-at-knight-frank-20180516-h105w5/

 

Macau | Australian real estate sparking large interest from Macau buyers - Industry insiders

Macau Business, 18 May 2018

The possibility of better investment yield, higher-profile tenants and longer lease contracts have led to a spur in interest by Macau investors in Australian real estate industry, insiders told MNA

http://www.macaubusiness.com/macau-australian-real-estate-sparking-large-interest-from-macau-buyers-industry-insiders/

 

 

Currency & Financial

Investors slam banks' short-term profit focus

The Australian, 16 May 2018

BANKING ROYAL COMMISSION. Investors slam banks' short-term profit focus ... Mark Delaney, chief investment officer of the $130 billion ...

https://www.theaustralian.com.au/business/banking-royal-commission/investors-slam-banks-shortterm-profit-focus/news-story/fad02120b1228a13e487ea2dda071800

 

Port Adelaide teams up with Chinese tycoon to kick business goals

AFR, 18 May 2018

The Port Adelaide Football Club hopes to score goals where many other Australian companies have failed.

http://www.afr.com/news/policy/foreign-affairs/port-adelaide-teams-up-with-chinese-tycoon-to-kick-business-goals-20180517-h1068q

 

UPDATE 1-Australia's CBA exits China insurer with $503 mln stake sale to Mitsui

Reuters, 23 May 2018

May 23 (Reuters) - Commonwealth Bank of Australia (CBA) is selling its 37.5 percent stake in a Chinese life insurer to Japan’s Mitsui Sumitomo Insurance Co for 3.2 billion yuan ($502.67 million), in a bid to simplify its portfolio and focus on its core banking business.

https://www.reuters.com/article/bocommlife-stake-mitsui-sumitomo-insuran/update-1-australias-cba-exits-china-insurer-with-503-mln-stake-sale-to-mitsui-idUSL3N1ST5N8

 

 

Agriculture

Chinese wine import slowdown due to paperwork changes: McWilliam's

The Australian, 20 May 2018

Mr McWilliam said it appeared much of the slowdown in shipments of Australian winethrough key ports was being caused by Chinese customs ...

https://www.theaustralian.com.au/business/chinese-wine-import-slowdown-due-to-paperwork-changes-mcwilliams/news-story/f2d9812df91637236e6707919982d05f

 

Australia-China rift spills into customs delays for Treasury Wine exports

Reuters, 17 May 2018

SYDNEY (Reuters) - Australia’s Treasury Wine Estates Ltd, the world’s biggest listed winemaker, said it faced delays getting some products through Chinese customs, sending its shares tumbling amid fears it may be affected by a diplomatic dispute.

https://www.reuters.com/article/us-australia-china-treasury-wine/australia-china-rift-spills-into-customs-delays-for-treasury-wine-exports-idUSKCN1II08N

 

Farm ownership Australia: Major investor profiles

The Weekly Times, 22 May 2018

GET to know the major players who are muscling into Australian farmland ownership as revealed by a special Weekly Times investigation.

https://www.weeklytimesnow.com.au/news/national/farm-ownership-australia-major-investor-profiles/news-story/54911dd1181ad03f79dc145518941bef

 

 

Resources

Renewable energy investment surges as Australia on track to exceed RET

AFR, 16 May 2018

Investor appetite for renewable energy projects, such as large-scale solar and wind projects, is set to help Australia exceed its 2020 Renewable Energy Target two years ahead of schedule.

http://www.afr.com/news/politics/renewable-energy-investment-surges-as-australia-on-track-to-exceed-ret-20180514-h101vo

 

 

Retail & Tourism

Retailers still face challenges in cross-border e-commerce

Australia China Business Review, 15 May 2018

A clear majority of Australian retail players active in China view the country as a lucrative market, yet just 20 per cent of respondents to a study on cross-border shopping are happy with their online market reach, according to new research.

https://www.acbr.com.au/retailers-still-face-challenges-cross-border-e-commerce

 

Australia's trade minister says China ties a priority after recent 'differences'

Reuters, 16 May 2018

SYDNEY (Reuters) - Australia’s trade minister will use a visit to China this week to reinforce ties with his country’s largest trading partner, he said on Wednesday, following a recent souring in relations.

https://www.reuters.com/article/us-china-australia/australias-trade-minister-says-china-ties-a-priority-after-recent-differences-idUSKCN1IH0ML

 

Australian stores limit baby formula as China demand hits stocks

The Straits Times, 16 May 2018

SYDNEY (AFP) - One of Australia's biggest supermarket chains said Wednesday (May 16) some stores were moving baby formula behind counters and restricting sales as it emerged customers were clearing shelves and selling it online in China for more than double the price.

https://www.straitstimes.com/asia/australianz/australian-stores-limit-baby-formula-as-china-demand-hits-stocks

 

Competition heats up for a2 Milk Company

Australia China Business Review, 16 May 2018

Stay-at-home mother Anna Wei wanted the best milk formula to feed her firstborn, so she chose the most expensive brand her money could buy: Platinum by a2 Milk Company Ltd.

https://www.acbr.com.au/competition-heats-a2-milk-company

 

 

Education

Industry pioneer Rod Jones targets new era in education

Australia China Business Review, 21 May 2018

Instead of riding off into the sunset after building a billion-dollar juggernaut, international education pioneer Rod Jones is embracing one of his biggest professional challenges.

https://www.acbr.com.au/industry-pioneer-rod-jones-targets-new-era-education

 

 

China Domestic
Chinese airliner makes emergency landing after cockpit window falls out nearly sucking co-pilot out of cabin

CNBC, 14 May 2018

An airliner was forced to make an emergency landing in southwest China after part of the cockpit window fell out in mid-flight.

https://www.cnbc.com/2018/05/14/chinese-airliner-makes-emergency-landing-cockpit-window-falls-out.html

 

 

The Wild Wild East 23 May

Property

Property market continues to cool off as home loans tumble

ABC Online, 11 May 2018

The retreat of investors from the property market is starting to look like a rout, with a big fall in applications in March.

http://www.abc.net.au/news/2018-05-11/home-loans-march-2018/9750736

 

Scott Morrison's missed chance to relieve property pressure

AFR, 13 May 2018

Here's a challenge: try raising the deposit for a family-size apartment close to central Sydney on a middle-class wage, say $130,000.

http://www.afr.com/news/politics/morrisons-missed-chance-to-relieve-property-pressure-20180511-h0zxuu

 

RBA's Guy Debelle flags housing risk from tighter lending standards on bank probe

AFR, 15 May 2018

Reserve Bank of Australia deputy governor Guy Debelle has warned a further tightening of lending standards would primarily hit the housing market even as he downplayed the dangers of the coming wave of resets to interest-only loans.

http://www.afr.com/news/economy/rbas-guy-debelle-flags-housing-risk-from-tighter-lending-standards-on-bank-probe-20180514-h102ci

 

8pc is nothing: Australia's foreign buyer taxes are competitive - Knight Frank

AFR, 16 May 2018

Australia's relatively modest surcharges on foreign purchases of residential property will not stem demand for property by global high net worth investors at a time of growing instability and volatility, says Knight Frank's global residential head Lord Andrew Hay. 

http://www.afr.com/real-estate/8pc-is-nothing-australias-foreign-buyer-taxes-are-competitive--knight-frank-20180516-h104o2

 

With Australian property prices high, more investors are eyeing off overseas properties

News.com.au, 17 May 2018

WITH it cheaper to buy a property in the Greek Islands than a two-bedroom apartment in Sydney more Australia’s are looking to park their investment dollars overseas.

http://www.news.com.au/finance/real-estate/with-australian-property-prices-high-more-investors-are-eyeing-off-overseas-properties/news-story/31b9a065f13730fe1cb958220e3ae251

 

Currency & Financial

Chinese Money Keeps Supporting Australia Despite Investment Restrictions

Forbes, 8 May 2018

Australian authorities passed restrictions in February that limit foreign investment. They're not aimed expressly at China, but that's the country a lot of Australians are warily watching.

https://www.forbes.com/sites/ralphjennings/2018/05/08/chinese-money-keeps-supporting-australia-despite-investment-restrictions/#733ec6e52150

 

Strategists optimistic ASX can advance to multiyear highs

AFR, 13 May 2018

Several top strategists are optimistic that the ASX can extend a sharp rally that started about six weeks ago and break through a 10-year high.

http://www.afr.com/markets/equity-markets/strategists-optimistic-asx-can-advance-to-multiyear-highs-20180513-h0zzu8

 

Vital Signs: how inflation in China and the US could affect Australia

The Conversation, 10 May 2018

Business conditions in Australia have been strong enough to see a surge in company tax revenue that led Treasurer Scott Morrison to outline cuts to personal income taxes over the next seven years in Tuesday’s federal budget.

http://theconversation.com/vital-signs-how-inflation-in-china-and-the-us-could-affect-australia-96357

 

Agriculture

Why more Australian winemakers are using virtual reality to attract international tourists

ABC Online, 8 May 2018

Australian winemakers are turning to virtual and augmented reality technology in a bid to tap into international markets.

http://www.abc.net.au/news/rural/2018-05-08/virtual-reality-boosts-australian-wine-industry/9728440

 

Beef Australia 2018: Know your business before seeking capital, farmers told

The Weekly Times, 10 May 2018

FARMERS need to know their business and goals back to front before seeking outside capital investment to grow.

https://www.weeklytimesnow.com.au/agribusiness/cattle/beef-australia/beef-australia-2018-know-your-business-before-seeking-capital-farmers-told/news-story/5e89df9563a29a96552ddd8185ea7d45

 

Chinese trip an eye-opener for wool grower

The Naracoorte Herald, 10 May 2018

Kybybolite wool grower Mark Kester has returned from a fact-finding trip to China confident of the country’s continued appetite for the Australian clip and excited about “game-changing” innovations in sports wool.

https://www.naracoorteherald.com.au/story/5393488/chinese-trip-an-eye-opener-for-wool-grower/

 

Resources

China lithium top player boosts investment in emerging Australian miner

Minging.com, 7 May 2018

Sichuan Yahua Industrial Group, one of China's largest lithium hydroxide and carbonate producers, is injecting further funds into emerging Australian lithium producer Core Exploration (ASX:CXO) as Chinese companies continue to aggressively try securing supply of the key ingredient needed for making the batteries that power electric cars.

http://www.mining.com/china-lithium-top-player-boosts-investment-emerging-australian-miner/

 

Retail & Tourism

Chinese police seize fake Penfolds, Swisse, Blackmores in multi-million-dollar counterfeiting crackdown

ABC Online, 7 May 2018

Police in southern China have seized more than 30 million yuan ($6.3 million) worth of counterfeit products, including large hauls of popular Australian-branded wines, vitamins, foods, and cosmetics.

http://www.abc.net.au/news/2018-05-07/chinese-police-crack-down-on-fake-australian-products/9720578

 

Tourism Australia Targets High-Spending Consumers With New Premium Strategy

Skift.com, 8 May 2018

The Land Down Under is going upmarket.

https://skift.com/2018/05/08/tourism-australia-targets-high-spending-consumers-with-new-premium-strategy/

 

Chinese social media to play pivotal role in new Australian wine marketing push

ABC Online, 8 May 2018

Chinese consumers will be targeted through social media and bilingual digital platforms as part of an ambitious push to bolster a New South Wales wine region's global profile.

http://www.abc.net.au/news/2018-05-08/chinese-social-media-to-play-pivotal-role-in-new-wine-campaign/9735786

 

Chinese consumers don't idealize American products the way they used to — and that's bad news for Apple and Tesla

Business Insider, 10 May 2018

For decades, Chinese consumers have prized foreign brands, thinking that products made by American or European companies indicated higher quality than domestic. Increasingly, that's no longer the case.

http://www.businessinsider.com/tesla-apple-market-share-china-2018-5

 

Education

NSW Government reviews Confucius Classrooms program amid 'propaganda' concerns

ABC Online, 8 May 2018

The New South Wales Government is reviewing a controversial Chinese Government-sponsored program to teach Mandarin in schools, amid claims it could expose children to propaganda.

http://www.abc.net.au/news/2018-05-08/nsw-government-reviews-confucius-classrooms-program/9739396

 

China Domestic

China's box office, for the first time, tops North America

China Daily, 10 May 2018

For the first time ever, China's quarterly box office performance outshone its North American counterpart, topping the global film market.

http://www.chinadaily.com.cn/a/201805/10/WS5af3e6e5a3105cdcf651d255.html

 

The Popular TV Shows Taking Chinese Soft Power Abroad

Sixtone, 9 May 2018

Overseas episodes of much-loved programs are increasingly aligning with the national government’s development goals.

http://www.sixthtone.com/news/1002235/the-popular-tv-shows-taking-chinese-soft-power-abroad

The Wild Wild East 09 May 2018

Property

Sydney auction clearances cool to below 60 per cent

AFR, 29 Apr. 2018

Sydney's auction clearance rate has dipped below 60 per cent again for the second time this year, as tighter funding crimps demand and sellers continue to hold hope for higher prices.

http://www.afr.com/real-estate/sydney-auction-clearances-cool-to-below-60-per-cent-20180429-h0zecp


Home loans are going to be tougher to get

News.com.au, 3 May 2018

GETTING a home loan could be about to get a whole lot harder, thanks to the Financial Services Royal Commission. That’s not just bad news for people hoping to buy — in Australia’s home-loan-dependent economy, it could be very disruptive.

http://www.news.com.au/finance/real-estate/buying/home-loans-are-going-to-be-tougher-to-get/news-story/5651d277d701405abb175292c870c4fa

 

'Is this the Tasmania we want?': Chinese investors plan $100m east coast resort

SMH, 4 May 2018

A massive $100 million development boasting a golf course and health resort to lure cashed-up Chinese tourists to Tasmania's picturesque east coast is one step closer to being built.

https://www.smh.com.au/national/is-this-the-tasmania-we-want-chinese-investors-plan-100m-east-coast-resort-20180502-p4zcwa.html

 

New Tax On Foreign Buyers Of Australian Real Estate

Law 360, 4 May 2018

Victoria, Queensland and New South Wales have all introduced new foreign investor stamp duty surcharges for transactions involving direct and indirect acquisitions of residential property.

https://www.law360.com/realestate/articles/1038103/new-tax-on-foreign-buyers-of-australian-real-estate

 

Currency & Financial

China eases restrictions on foreign ownership of securities ventures

China Embassy, 30 Apr. 2018

China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership.

http://au.china-embassy.org/eng/sgfyrth/t1555697.htm

 

Experts say Greens tax policy would drive down international investment

AFR, 2 May 2018

Experts say Greens plans' to limit tax deductions for multinationals will make Australia less attractive for international investment, calling for wider reform and a lower corporate rate instead.

http://www.afr.com/news/experts-say-greens-tax-policy-would-drive-down-international-investment-20180502-h0zjka

 

CBA cuts Australian dollar forecasts for 2018, 2019

AFR, 3 May 2018

Commonwealth Bank has cut its Australian dollar forecast for this year and next to take into account a slowing global economy, the pricing out of an interest rate hike in Australia this year and a firming of the US dollar.

http://www.afr.com/markets/currencies/cba-cuts-australian-dollar-forecasts-for-2018-2019-20180503-h0zlig


Offshore investors shun Australian banks, Credit Suisse says

AFR, 3 May 2018

Offshore investors appear to be taking a negative view of the Australian banking sector, which is under fire from royal commission into the financial services sector.

http://www.afr.com/markets/equity-markets/offshore-investors-shun-australian-banks-credit-suisse-says-20180503-h0zl18

 

Australia's Sirtex gets $1.4 bln takeover offer from China's CDH Investments

Reuters, 4 May 2018

May 4 (Reuters) - Australia’s Sirtex Medical said on Friday China’s CDH Investments has made an offer to buy all shares of the company for A$1.87 billion ($1.41 billion), or A$33.6 per share, in cash.

https://www.reuters.com/article/sirtex-medical-ma-cdh/australias-sirtex-gets-1-4-bln-takeover-offer-from-chinas-cdh-investments-idUSL3N1SB218

 

Agriculture

Western Australia lobsters rock stars in China as FTA starts to bear fruit for fishery

ABC Online, 2 May 2018

Australia's free trade agreement (FTA) with China is starting to bear fruit for the nation's most lucrative commercial fishery.

http://www.abc.net.au/news/2018-05-02/western-rock-lobsters-from-wa-live-export-to-china/9716556

 

Avocado may top China's Aussie fruit wish-list

Adelaide Now, 1 May 2018

AUSTRALIAN fruit is finding firm markets in China, with even more potential emerging in the countrys rapidly-growing e-commerce channels directly selling online to customers, according to latest findings from agribusiness experts.

http://www.adelaidenow.com.au/business/sa-business-journal/avocado-may-top-chinas-aussie-fruit-wishlist/news-story/ca8a84428e37c0741a58ca1c9e526618

 

Massive cattle station Clifton Hills up for sale

AFR, 6 May 2018

Australia's second biggest cattle station, Clifton Hills Station in the far north-east corner of South Australia, has been listed for sale.

http://www.afr.com/real-estate/commercial/investment/massive-cattle-station-clifton-hills-up-for-sale-20180504-h0zn2t

 

Resources

'Coal is dead': Neoen eyes another $4 billion in Australian investment

SMH, 2 May 2018

Neoen, the French company behind a plan to triple its renewable energy in Australia, says coal is "technically and economically dead", as falling renewable energy costs eclipse fossil fuels.

https://www.smh.com.au/business/companies/coal-is-dead-neoen-eyes-another-4-billion-in-australian-investment-20180502-p4zcw2.html

 

Retail & Tourism

Hyatt Centric to open in Melbourne, Australia

Hotel Management, 30 Apr. 2018

Hyatt Hotels Corporation has signed a management agreement with Little Projects to open a Hyatt Centric hotel in Melbourne, Australia. 

https://www.hotelmanagement.net/operate/hyatt-hotels-signs-new-hyatt-centric-melbourne-australia

 

China warns tourists about security risks in Australia

AFR, 1 May 2018

China has highlighted security risks for its citizens visiting Australia, the United States and nine other countries in a travel warning which will worry tourism operators becoming increasingly dependent on booming Chinese visitor numbers.

http://www.afr.com/news/politics/world/china-warns-tourists-about-security-risks-in-australia-20180501-h0zi9u

 

Melbourne move looms as Hilton doubles hotels in Australia

The Australian, 1 May 2018

Hilton Hotels is accelerating its plans to grow in Australia, saying it is poised to make a major announcement in Melbourne as part of its program to double its existing operations of 23 Australian properties within five years.

https://www.theaustralian.com.au/business/property/melbourne-move-looms-as-hilton-doubles-hotels-in-australia/news-story/47ef82e0bba20da6e0a397f0870b337a

 

Baby food company Bubs Australia wins big Chinese contract

The Australian, 1 May 2018

ASX-listed baby food company Bubs Australia is stepping up its exposure to the rapidly growing Chinese mother and baby market with a deal to supply Chinas largest distributor of infantnutrition products.

https://www.theaustralian.com.au/business/companies/baby-food-company-bubs-australia-wins-big-chinese-contract/news-story/0c1430a9c068dc70bdb4bd3ea5d58eb7

 

Education

Chinese student influx driven by facts, not friction

The Australian, 1 May 2018

Chinese families planning to send a son or daughter to study in Australia have mainly dismissed concerns about student safety and political friction between the two countries.

https://www.theaustralian.com.au/higher-education/chinese-student-influx-driven-by-facts-not-friction/news-story/f82071ad474075ab479e76801857c041

 

China Domestic

80,000 durians sold in 1 minute: Jack Ma displays magic of e-commerce in Thailand

The Star, 21 Apr. 2018

BANGKOK: Thai durians sold like hot cakes in Thailand after Jack Ma showed the magic of e-commerce during his visit by selling 80,000 golden pillow durians on his online platform T-mall within one minute.

https://www.thestar.com.my/news/regional/2018/04/21/800000-durians-sold-in-1-minute-jack-ma-displays-magic-of-ecommerce-in-thailand/

The Wild Wild East 02 May 2018

Property

Allianz joins the party for $500m Scape student digs fund

AFR, 23 Apr. 2018

The property arm of global insurer and asset manager Allianz will take a half stake in a new $500 million fund being raised by Scape to back a growing portfolio of student facilities.

http://www.afr.com/real-estate/allianz-joins-the-party-for-500m-scape-student-digs-fund-20180423-h0z4h0


Lendlease taps China's grey boom in retirement village deal

AFR, 23 Apr. 2018

Australian property developer Lendlease is breaking into China's booming aged care market with a $400 million deal to build a retirement village with 900 units in Shanghai, making it one of the first foreign companies to negotiate a deal in the sector without a local partner.

http://www.afr.com/news/world/asia/leadlease-taps-chinas-grey-boom-in-retirement-village-deal-20180423-h0z45s

 

Confidence at Record Highs for Property Industry

The Urban Developer, 23 Apr. 2018

Confidence across Australia’s property industry has surged to record highs despite a Property Council of Australia and ANZ survey revealing expectations for New South Wales house prices are the worst in the survey’s history.

https://theurbandeveloper.com/articles/-confidence-at-record-highs-for-property-industry


Mandarin-speaking robot to help sell Aussie real estate to Chinese

News.com.au, 26 Apr. 2018

CHINESE buyers of Australian real estate have been offered a new way to compete for home sales. And on the surface it sounds like pure science-fiction.

http://www.news.com.au/finance/real-estate/sydney-nsw/mandarinspeaking-robot-to-help-sell-aussie-real-estate-to-chinese/news-story/0f6439f6e74d24efd09676aae4fe8453

 

Currency & Financial

Australia will be the last to raise rates, says $100b global investor

SMH, 26 Apr. 2018

Australian bonds are a buy because the Reserve Bank will keep interest rates at a record low for at least the next six to 12 months, according to Morgan Stanley Investment Management. The company is avoiding the Aussie dollar for the same reason.

https://www.smh.com.au/business/investments/australia-will-be-the-last-to-raise-rates-says-100b-global-investor-20180426-p4zboh.html

 

Debt bumps on China's Belt and Road

AFR, 27 Apr. 2018

It's the pet topic of journalists from China's state-run media machine.

http://www.afr.com/news/world/asia/debt-bumps-on-chinas-belt-and-road-20180426-h0zbgf 


CHINA’S ELDERLY CARE SECTOR BRINGS MATURING INVESTMENT OPPORTUNITIES

Mingtiandi, 28 Apr. 2018

Earlier this month, Australia’s largest provider of senior housing entered the China market for the first time, taking advantage of what many investors see as one of the biggest opportunities in the country’s fast-growing real estate market.

https://www.mingtiandi.com/sponsored/chinas-elderly-care-sector-brings-maturing-investment-opportunities/

 

 

Agriculture

Bordeaux Vineyards Are Finding Buyers From China, Australia

Bloomberg, 22 Apr. 2018

Two vineyard transactions in Bordeaux in the past month signal interest from overseas buyers in the region’s wine labels and production potential, amid a run of improved vintages since 2014.

https://www.bloomberg.com/news/articles/2018-04-22/bordeaux-vineyards-are-finding-buyers-from-china-australia

 

Mass resignations at Chinese owner of Australia's largest dairy farm cast doubt on investment

The Guardian, 25 Apr. 2018

A mass board resignation at the Chinese firm that bought Australia’s largest dairy farm has fuelled concerns it may not fulfil the promises of local investment and environmental protection that convinced the Turnbull government to sign off on the sale. 

https://www.theguardian.com/australia-news/2018/apr/25/mass-resignations-at-chinese-owner-of-australias-largest-dairy-farm-cast-doubt-on-investment

 

Directors who quit Australia's largest dairy farm business urged Chinese owner to invest in it

The Guardian, 26 Apr. 2018

The directors who quit en masse from Australia’s largest dairy farm businessspent months trying in vain to convince its Chinese owners to urgently invest millions to make the company sustainable, including pleas to drought-proof its properties and improve animal welfare.

https://www.theguardian.com/australia-news/2018/apr/26/directors-who-quit-australias-largest-dairy-farm-business-urged-chinese-owner-to-invest-in-it

 

Resources

Federal Government gives $6 million to boost domestic gas supply to Chinese-owned Westside Corporation

ABC Online, 24 Apr. 2018

Federal Resources Minister Matt Canavan announced grants to Westside Corporation and three other gas firms last month under the Government's Gas Acceleration Program (GAP), which was established to help develop and secure domestic gas supplies.

http://www.abc.net.au/news/2018-04-24/landbridge-subsidiary-wins-$6m-gas-grant-for-domestic-lng-supply/9688304

 

Retail & Tourism

Small business missing out on Asian consumer boom: Australia Post

SMH, 23 Apr. 2018

Australia's small businesses are missing out on a once-in-a-generation opportunity to tap into demand from the burgeoning number of middle-class consumers in South East Asia and China, new research suggests.

https://www.smh.com.au/business/companies/small-business-missing-out-on-asian-consumer-boom-australia-post-20180422-p4zb0n.html

 

'Little bit of noise': Blackmores unfazed by China-Australia tension

SMH, 24 Apr. 2018

Tensions between China and Australia have created a "little bit of noise" but will not affect Blackmores sales in Asia despite them being below expectations in the March quarter, says the head of the vitamins company.

https://www.smh.com.au/business/companies/little-bit-of-noise-blackmores-unfazed-by-china-australia-tension-20180424-p4zbdo.html

 

China a big opportunity for Australians: Alibaba boss

The Australian, 25 Apr. 2018

Australian companies should take advantage of moves by the Chinese government to further open up its market to imports, says the chief executive of e- commerce giant Alibaba.

https://www.theaustralian.com.au/business/china-a-big-opportunity-for-australians-alibaba-boss/news-story/e974c2d05d8e32730e018cb29a573719

 

Australia's Chinese personal shoppers about more than baby formula — it's a $1 billion industry

News.com.au, 26 Apr. 2018

Ever seen people clear entire shelves of baby formula at your local pharmacy or supermarket?

http://www.abc.net.au/news/2018-04-26/daigou-chinese-personal-shopping-$1-billion-industry/9671012

 

Aussie retailers ramping up Alipay marketing

Australia China Business Review, 26 Apr. 2018

Up to 57,000 retailers in Australia and New Zealand will be given the opportunity to target Chinese tourists with discounts and offers prior to their arrival, under a new marketing arrangement through payments providers Smartpay and Incentiapay using Alibaba Group's payments platform Alipay.

http://www.acbr.com.au/aussie-retailers-ramping-alipay-marketing

 

Education

Australian universities fear offending Chinese backers: Clive Hamilton

The Australian, 27 Apr. 2018

Prominent Australian academic Clive Hamilton has told a powerful US congressional committee in Washington that Australian universities are so financially beholden to China that they have abandoned their principles of academic freedom.

https://www.theaustralian.com.au/higher-education/australian-universities-fear-offending-chinese-backers-clive-hamilton/news-story/984a9cdadc8f9f7b1d16d47a8d1645cd

 

China Domestic

The Web Celeb Making ‘Hanfu’ at Every Size

Sixtone, 27 Apr. 2018

Plus-size designer and model uses traditional Chinese fashion to reshape modern beauty ideals.

http://www.sixthtone.com/news/1002177/the-web-celeb-making-hanfu-at-every-size

 

 

The Wild Wild East 25 April 2018

Property

CBD hotel sector tops property sentiments: NAB Commercial Property Survey

AFR, 18 Apr. 2018

CBD hotels are the promising commercial property sector in Australia, the latest NAB Commercial Property Survey shows.

http://www.afr.com/real-estate/cbd-hotel-sector-tops-property-sentiments-nab-commercial-property-survey-20180418-h0ywy3

 

Falling prices boost Sydney housing affordability: little changes in Melbourne

AFR, 19 Apr. 2018

Sydney homeowners pay more than half of their earnings to meet mortgage payments, even after falling prices in the NSW capital triggered an improvement in affordability in the first quarter.

http://www.afr.com/real-estate/falling-prices-boost-sydney-housing-affordability-little-changes-in-melbourne-20180419-h0yz5k


Commercial property investors see past low yields in hope of higher returns

AFR, 20 Apr. 2018

Mum and dad investors, especially those with self-managed superannuation funds (SMSFs), spend hours poring over auction booklets for their next commercial property investment – whether it's a childcare centre, a KFC-anchored retail outlet or a servo.

http://www.afr.com/personal-finance/superannuation-and-smsfs/commercial-property-investors-see-past-low-yields-in-hope-of-higher-returns-20180226-h0woqi

Cheap credit fuels house prices rising 200 times faster than income growth

AFR, 20 Apr. 2018

House prices are increasing by up to 200 times faster than income in some of Melbourne and Sydney's outer suburbs as easy credit, record population growth and inadequate new housing supply outpace wage growth, analysis reveals.

http://www.afr.com/real-estate/residential/cheap-credit-fuels-house-prices-rising-20000-times-faster-than-income-growth-20180420-h0z1fm

 

Australia’s fastest selling affordable suburbs

Domain, 22 Apr. 2018

Australia’s fastest selling affordable suburbs are expected to out-perform both Sydney and Melbourne over the next few years, according to new research.

https://www.domain.com.au/news/australias-fastest-selling-affordable-suburbs-20180422-h0z12z/

 

Currency & Financial

Australian companies upbeat on China, but say operating there is getting harder

AFR, 17 Apr. 2018

More than half the Australian companies operating in China say they are not treated equally to their domestic competitors, and doing business in the world's second-largest economy is getting harder, according to a new survey.

http://www.afr.com/news/world/australian-companies-upbeat-on-china-but-say-operating-there-is-getting-harder-20180415-h0yt2t

 

Aussie expats go into battle over capital gains tax crackdown

AFR, 20 Apr. 2018

Australian expatriates are lobbying Prime Minister Malcolm Turnbull to overturn proposed tax changes that will force them to pay hundreds of thousands of dollars in capital gains tax if they sell their family home while working overseas.

http://www.afr.com/news/policy/tax/aussie-expats-go-into-battle-over-capital-gains-tax-crackdown-20180420-h0z1lu

 

Chinese migrants snub Australia's $5m 'golden ticket' visas

The Guardian, 22 Apr. 2018

Australia’s controversial significant investor visa – the so-called “golden ticket” visa aimed at Chinese investors who invest $5m in Australia – is being snubbed by wealthy migrants, with applications at their lowest levels.

https://www.theguardian.com/australia-news/2018/apr/23/chinese-migrants-snub-australias-5m-golden-ticket-visas

 

 

Agriculture

Treasury Wine Estates believers buoyed by China export boom

AFR, 16 Apr. 2018

Australia's annual wine exports to China have soared through the $1 billion mark for the first time in another positive sign for sharemarket darling Penfolds owner Treasury Wine Estates.

http://www.afr.com/business/agriculture/treasury-wine-estates-believers-buoyed-by-china-export-boom-20180415-h0yt49

 

Australian horticulture exports: Growers’ grape leap forward

The Weekly Times, 17 Apr. 2018

AUSTRALIAN horticulture producers are scaling up their plantings to capitalise on the elimination of tariffs for produce exported to China next year.

https://www.weeklytimesnow.com.au/agribusiness/horticulture/australian-horticulture-exports-growers-grape-leap-forward/news-story/f73474ec1cfd04ad26ae2023af04b3f8

 

Delta Ag to form alliance with CBRE in rural real estate

Grain Central, 18 April 2018

Eastern Australia rural services company, Delta Agribusiness, and global real estate business, CBRE, are set to enter into a strategic alliance focusing on rural real estate services across New South Wales.

https://www.graincentral.com/news/agribusiness/delta-ag-to-form-alliance-with-cbre-in-rural-real-estate/

 

 

Resources

Resources are still boosting Australia despite China slowdown

AFR, 17 Apr. 2018

In economics, the most interesting results are the ones that are counter-intuitive. When growth gets a boost from an economic shock that would normally weaken it, the result is both interesting and requires explanation. This is what economists get most excited about.

http://www.afr.com/opinion/columnists/resources-are-still-boosting-australia-despite-china-slowdown-20180417-h0yv6c

 

 

Retail & Tourism

China leapfrogs New Zealand as Australia's top tourist source

Reuters, 18 Apr. 2018

SYDNEY (Reuters) - China has leapfrogged New Zealand to become the top source country for travelers to Australia in the 12 months to February, Australian official data showed on Wednesday, as overall visitor numbers hit a record high.

https://www.reuters.com/article/us-australia-tourism/china-leapfrogs-new-zealand-as-australias-top-tourist-source-idUSKBN1HP0VA

 

Alibaba’s future of retail involves QR codes, smart mirrors, and gamified discounts

Smart Company, 23 Apr. 2018

According to Chinese online retail giant Alibaba, the future of retail technology is rooted in object and facial recognition, QR codes, and gamifying shopper discounts.

https://www.smartcompany.com.au/startupsmart/news-analysis/alibabas-future-of-retail-involves-qr-codes-smart-mirrors-and-gamified-discounts/

 

How a Sydney startup managed to corner the Chinese market in months

Business News Aus, 23 Apr. 2018

Koala Eco only launched in 2017, but already the brand has found its place in the coveted Chinese market.

https://www.businessnewsaus.com.au/articles/how-a-sydney-startup-managed-to-corner-the-chinese-market-in-months.html

 

 

Education

Australia hosting unprecedented numbers of international students

ABC Online, 18 Apr. 2018

Australia is hosting unprecedented numbers of international students, who now make up more than a quarter of enrolments at some universities.

http://www.abc.net.au/news/2018-04-18/australia-hosting-unprecedented-numbers-international-students/9669030

 

Chinese defy warnings and flock to Australian universities

The Australian, 18 Apr. 2018

Chinese students have defied unspecified ‘‘safety’’ warnings from their government amid fears of undue Chinese influence, flocking to Australia in larger numbers this year than ever before.

https://www.theaustralian.com.au/national-affairs/education/chinese-defy-warnings-and-flock-to-australian-universities/news-story/a721b664344ba8caa4f4a382ee1a2559

 

 

China Domestic

'Marry first, then fall in love': The evolution of love and marriage in China since Mao Zedong's era

ABC Online, 22 Apr. 2018

Married at First Sight has captured the attention of Australians who are drawn to the drama between complete strangers matched and made to live together as a couple. But the concept is not far from how marriages worked in China just a few decades ago.

http://www.abc.net.au/news/2018-04-22/marry-first-then-fall-in-love-how-marriage-evolved-in-china/9641958

The Wild Wild East 18 April 2018

Property

Sydney, Melbourne house prices are now global IMF warns

AFR, 10 Apr. 2018

The world's housing markets have become remarkably synchronised, according to International Monetary Fund research that warns Australian property prices may be vulnerable to unexpected foreign shocks.

http://www.afr.com/news/economy/sydney-melbourne-house-prices-are-now-global-imf-warns-20180409-h0yjty

 

Record high for approved projects waiting in the wings

News.com.au, 11 Apr. 2018

THE level of approved residential developments waiting in the wings has hit a record high.

http://www.news.com.au/finance/real-estate/record-high-for-approved-projects-waiting-in-the-wings/news-story/c6340f993156fea2f6e2a437e248c50d

 

Melbourne suburbs Australia’s most in demand

News.com.au, 12 Apr. 2018

HALF of Australia’s top 10 most in demand suburbs are in Melbourne, according to realestate.com.au’s new Property Outlook report. See which postcodes are whipping up a clicking frenzy.

http://www.news.com.au/finance/real-estate/melbourne-vic/melbourne-suburbs-australias-most-in-demand/news-story/e58caca8e0cd9bb55e9fd92715a04833

 

Buyers are losing interest in Sydney property

Business Insider Australia, 12 Apr. 2018

A seachange is underway across Australia’s housing market.

https://www.businessinsider.com.au/australia-house-prices-sydney-fall-buyer-demad-2018-4

 

Melbourne No. 1 with offshore investors

News.com.au, 12 Apr. 2018

MELBOURNE is the No. 1 Australian city for global property players in the Asia Pacific region, a new survey has revealed, while Sydney has fallen down the rankings.

http://www.news.com.au/finance/real-estate/melbourne-vic/melbourne-no-1-with-offshore-investors/news-story/3cd0133d959eedcc50df55ca4dee19da

 

 

Currency & Financial

Chinese walls coming down for Australian banks

SMH, 11 Apr. 2018

Boao, China: Financial services companies will face an easier path to doing in business in China by the end of June as the country seeks to stave off a trade war with the United States.

https://www.smh.com.au/business/banking-and-finance/chinese-walls-coming-down-for-australian-banks-20180411-p4z915.html

 

Australian venture capital investment hit $130.5 million in the first three months of 2018

Business Insider Australia, 12 Apr. 2018

Venture capital investment in Australia reached $US130.5 million across 16 transactions in the three months to March, according to analysis by KPMG.

https://www.businessinsider.com.au/australian-venture-capital-investment-hit-130-5-million-in-the-first-three-months-of-2018-2018-4

 

Australian businesses air concerns as China strain threatens trade fair

Reuters, 13 Apr. 2018

SYDNEY (Reuters) - Australian businesses which trade with China criticized their government on Friday as the looming cancellation of an event designed to encourage cross-border trade heralded a “low point” in diplomatic relations between the countries.

https://www.reuters.com/article/us-australia-china/australian-businesses-air-concerns-as-china-strain-threatens-trade-fair-idUSKBN1HK13Q


Australia Week in China won’t be affected by Canberra-Beijing tensions, officials say

South China Morning Post, 15 Apr. 2018

New legislation in Australia aimed at curbing foreign interference in domestic affairs may be a sign of growing anxiety about China’s political influence in the country, but officials said it will not jeopardise a planned business event between the two nations.

http://www.scmp.com/news/china/diplomacy-defence/article/2141783/australia-week-china-wont-be-affected-canberra-beijing

 

 

Agriculture

Infant formula makers go after China's $2bn goat milk market

The Australian, 13 Apr. 2018

 While the Asian (mainly Chinese) demand remains resilient, the market is becoming increasingly crowded as dairy producers seek to avoid the depressed market for commoditised milk

https://www.theaustralian.com.au/business/infant-formula-makers-go-after-chinas-2bn-goat-milk-market/news-story/23b6424a40dd8563a5fc96eeb861b885

 

China tour offers malting barley insight

Farm Weekly, 15 Apr. 2018

A TOUR to China has given the South East Premium Wheat Growers Association (SEPWA) China a taste of local malt barley export demands.

http://www.farmweekly.com.au/news/agriculture/general/events/china-tour-offers-malting-barley-insight/2757027.aspx

 

China Eyes Australian Donkey Export

VOA News, 15 Apr. 2018

SYDNEY — The Northern Territory government in Australia says it has been approached by nearly 50 Chinese companies looking to buy land to start donkey farms. Demand for donkey products, especially donkey-hide gelatin is increasing in China, while global supplies are falling.

https://www.voanews.com/a/china-eyes-australian-donkey-exports/4348856.html

 

 

Resources

Clean energy financier invests $150m in infrastructure fund to lower emissions

The Guardian, 11 Apr. 2018

The Clean Energy Finance Corporation is investing $150m in Australia’s largest infrastructure fund to drive emissions reduction across some of Australia’s biggest airports, ports and electricity infrastructure assets.

https://www.theguardian.com/australia-news/2018/apr/12/clean-energy-financier-invests-150m-in-infrastructure-fund-to-lower-emissions

 

 

Retail & Tourism

China tourist boom drives Marriott expansion

Australia China Business Review, 12 Apr. 2018

The world’s largest hotel chain is sharpening its focus on the Asia Pacific, investing heavily to capitalise on the increasing mobilisation of Chinese tourists.

http://www.acbr.com.au/index.php/china-tourist-boom-drives-marriott-expansion

 

First direct flights between China and Australia's Northern Territory announced

Global Times, 13 Apr. 2018

The first-ever direct flight route from Darwin in Australia's Northern Territory (NT) to China was announced on Friday.

http://www.globaltimes.cn/content/1097794.shtml

 

 

Education

Universities ‘carrying the can’ as Australia-China tensions grow

Times Higher Education, 15 Apr. 2018

As Beijing and Canberra trade blows over foreign interference and academic freedom, leading analyst predicts things will get worse before they get better

https://www.timeshighereducation.com/news/universities-carrying-can-australia-china-tensions-grow

 

 

China Domestic

Zuckerberg praised by Chinese netizens for surprising answer to senator’s question on China

Shanghaiist.com, 11 Apr. 2018

Facebook CEO Mark Zuckerberg has become something of a hero in China today for his unexpected answer to one question during his testimony to Congress over his company’s colossal data sharing scandal.

https://medium.com/shanghaiist/zuckerberg-praised-by-chinese-netizens-for-surprising-answer-to-senators-question-on-china-c3be6160639f

 

Chinese 'Hugh Jackman' Yunxiang Gao denied bail over alleged sexual assault in Sydney

ABC Online, 10 Apr. 2018

Yunxiang Gao has pleaded not guilty to two counts of aggravated sexual assault, which are alleged to have occurred at Sydney's Shangri La hotel early in the morning on March 27.

http://www.abc.net.au/news/2018-04-10/chinese-hugh-jackman-yunxiang-gao-refused-bail-in-sydney/9636086

 

 

The Wild Wild East 11 April 2018

Property

House prices fall in the big cities but rise in the regions and Hobart

News.com.au, 03 Apr. 2018

Regional property markets are now starting to consistently outperform the major capital cities, as retiring baby boomers look for a sea change and younger households look for more affordable locations.

http://www.abc.net.au/news/2018-04-03/home-prices-fall-in-cities-rise-in-the-regions/9612534

 

'Amazon of China' to start selling Australian property online

Australian Broker, 04 Apr. 2018

Property in Australia will soon be available online alongside groceries, household items and clothing.

https://www.brokernews.com.au/news/breaking-news/amazon-of-china-to-start-selling-australian-property-online-248399.aspx

 

Chinese developer R&F to build $500 million Brisbane River mixed use precinct
AFR, 04 Apr. 2018

Chinese developer R&F has unveiled plans to develop an amended $502 million mixed-use precinct and public riverside space for its 1.6-hectare landholding at Brisbane's West End.

http://www.afr.com/real-estate/chinese-developer-rf-to-build-500-million-brisbane-river-mixed-use-precinct-20180403-h0yatv

 

Renters no longer 'second rate', says Housing and Urban Research Institute

AFR, 04 Apr. 2018

Growth of the private rental sector – at a time of falling home ownership – is making landlords and real estate agents place more value on tenants than they did before, a new report by the Australian Housing and Urban Research Institute says.

http://www.afr.com/real-estate/renters-no-longer-second-rate-says-housing-and-urban-research-institute-20180404-h0yaya

 

Property outlook the worst in 30 years: Morgan Stanley

AFR, 05 Apr. 2018

Prospects for growth in the residential property market are the worst in 30 years, which is when Bob Hawke was prime minister and the median property price for a Sydney house was $141,000, according to analysis by investment bank Morgan Stanley.

http://www.afr.com/real-estate/property-outlook-the-worst-in-30-years-morgan-stanley-20180404-h0ycrm

 

 

Currency & Financial

Scott Morrison doubles tax for foreign investors to save 'billions'

AFR, 02 Apr. 2018

Australia will double the tax bills of some foreign investors and limit tax breaks for others, in a move Treasurer Scott Morrison says will prevent billions in lost revenue.

http://www.afr.com/news/policy/tax/scott-morrison-doubles-tax-for-foreign-investors-to-save-billions-20180330-h0y68r


Australia could be a winner in China-US trade battle

News.com.au, 05 Apr. 2018

THE United States and China are duelling it out over trade as the world’s two biggest economies slap spiralling retaliatory tariffs on each other’s goods.

http://www.news.com.au/finance/economy/world-economy/australia-could-be-a-winner-in-chinaus-trade-battle/news-story/86b8909a7e1fb86fb2ddc54d85b06532

 

Anti-China Tilt in Australia Is Shortsighted

Bloomberg, 05 Apr. 2018

Chinese investment is small, but feels large. That's a reminder of why data should drive policy.

https://www.bloomberg.com/view/articles/2018-04-04/australian-rules-against-chinese-investment-are-shortsighted

 

Reserve Bank of Australia worried about China's debt bomb

AFR, 06 Apr. 2018

China's rapidly growing pile of debt has long been regarded as one of the biggest risks to the global economy.

http://www.afr.com/news/world/reserve-bank-worried-about-chinas-debt-bomb-20180404-h0ybk7


 

 

Agriculture

Chinese hungry for more Australian wool

Farm Weekly, 02 Apr. 2018

PRODUCE more wool was the clear message Andrew Rintoul, Dongiemon and Tilba Tilba Merino studs, Williams, returned with after a recent tour of China.

http://www.farmweekly.com.au/news/agriculture/sheep/wool/chinese-hungry-for-more-australian-wool/2756964.aspx

 

Austrade visit to China revealed export potential for Australian farmers

Weekly Times Now, 03 Apr. 2018

Reports of China inevitably include the words “growth” and “opportunity” but Moore makes many of us take notice when he gives China’s continuing economic rise a regional Australia context.

https://www.weeklytimesnow.com.au/agribusiness/farm-magazine/austrade-visit-to-china-revealed-export-potential-for-australian-farmers/news-story/49c66b7c682cefd652cef63f971b17bc

 

More China distribution for infant formula maker

Australia China Business Review, 05 Apr. 2018

Infant formula manufacturer Wattle Health Australia has secured a distribution deal with China’s International Supplies and Distribution Company, providing access to more than 2,000 retail stores across 13 Chinese provinces.

http://www.acbr.com.au/more-china-distribution-infant-formula-maker

 

Echo Falls winemaker sold to private equity firm with eye on China

The Guardian, 05 Apr. 2018

Carlyle Group uncorks A$1bn deal for Accolade as Chinese demand for wine increases

https://www.theguardian.com/business/2018/apr/05/carlyle-group-echo-falls-winemaker-accolade-china-asian-markets

 

 

Resources

New renewable energy capacity double fossil fuel growth in record-breaking 2017: UN report

News.com.au, 06 Apr. 2018

Solar power is continuing to surge ahead as the world's emerging energy technology, according to a United Nations report that found global spending on solar was higher than any other energy source in 2017.

http://www.abc.net.au/news/science/2018-04-06/solar-power-most-backed-fuel-technology/9612976


 

 

Retail & Tourism

Pullman hotel attracts top global bidders

The Australian, 04 Apr. 2018

Two of the world's largest property investors, Connecticut-based Starwood Capital Group and New York-headquartered private equity firm Blackstone, are among the major bidders vying for a Melbourne hotel positioned between the Melbourne Cricket Ground and the CBD in a $200 million deal.

https://www.theaustralian.com.au/business/property/pullman-hotel-attracts-top-global-bidders/news-story/b7c7699bc9760ab01c7a4e82a220f05e

 

Queensland looks to Chinese investment dollars for tourism boost

Radio Australia, 08 Apr. 2018

Chinese investors could be the new saviours of Queensland's tourism industry as interest grows in the state.

http://www.radioaustralia.net.au/international/2018-04-08/queensland-looks-to-chinese-investment-dollars-for-tourism-boost/1748008

 

Canberra eyes up China air route to boost tourism numbers

Business Chief, 07 Apr. 2018

Australia’s capital city, Canberra, is looking to open up more international flight options in a bid to boost traffic in and out of the ACT province.

https://anz.businesschief.com/leadership/3003/Canberra-eyes-up-China-air-route-to-boost-tourism-numbers

 

 

Education

International students contribute over 24 billion USD to Aussie economy in 2017: data

Xinhua, 06 Apr. 2018

CANBERRA, April 6 (Xinhua) -- International education contributed a record 32.2 billion Australian dollars (24.7 billion U.S. dollars) to the nation's economy in 2017, data has revealed.

http://www.xinhuanet.com/english/2018-04/06/c_137092078.htm

 

 

China Domestic

China and Japan are at it again: This time, the fight is over cherry blossoms

The Washington Post, 01 Apr. 2018

Countries in East Asia continuously squabble over everything from history textbooks to empty rocks in the sea. So don't be too surprised that the beautiful spectacle of cherry blossom season is also a matter of nationalist dispute.

https://www.washingtonpost.com/news/worldviews/wp/2015/04/01/china-and-japan-are-at-it-again-this-time-the-fight-is-over-cherry-blossoms/?utm_term=.eb7ca457e435

 

 

The Wild Wild East 04 April 2018

Property

Two Hong Kong families just bought into Australian casino operator Star

Business Insider Australia, 29 Mar. 2018

The Star just raised $490 million by selling 10% of the casino operator to two Hong Kong-based trading families.

https://www.businessinsider.com.au/two-hong-kong-families-just-bought-into-australian-casino-operator-star-2018-3

 

Treasurer approves Unibail-Rodamco's $30bn Westfield takeover

The Australian, 29 Mar. 2018

French shopping centre giant Unibail-Rodamcos 30 billion takeover bid for Westfieldsinternational shopping centre empire has received the green light from federal Treasurer Scott Morrison, as heavyweight offshore fund managers say a rival bid is unlikely to emerge for the Frank Lowy-led mall empire.

https://www.theaustralian.com.au/business/property/treasurer-approves-unibailrodamcos-30bn-westfield-takeover/news-story/4a516b5354aed397a70bdd95a6bbe489

 

Asian investors pump record cash into overseas real estate

Commercial Times, 30 Mar. 2018

Asian investors pumped a record amount of cash into overseas real estate last year and have signalled their intention to channel even more money into the sector in 2018.

https://www.ft.com/content/eb75743c-3326-11e8-ac48-10c6fdc22f03

 

WHY CHINESE REALLY CHOOSE TO LIVE IN SUNNYBANK HILLS

Courier Mail, 30 Mar. 2018

CHINESE culture and rapid growth have led to a decline in brand new house and land listings in a bustling suburb dubbed a 'sleeping giant' by local real estate agents. 

http://www.couriermail.com.au/news/queensland/why-chinese-really-choose-to-live-in-sunnybank-hills/news-story/e21165b9ec64980cfe93526b557fab45

 

 

Currency & Financial

Australia’s alternate CBD’s come first for overseas investors

The Investor, 27 Mar. 2018

Stock shortages and pressure to diversify are forcing overseas investors to look beyond Australia’s major East Coast cities to the country’s other CBD markets.

https://www.theinvestor.jll/news/australia/office/aus-alternate-cbds-interest-investors/


In Trump’s ‘trade war’, the Australian and Japanese currencies are set to become collateral damage

South China Morning Post, 27 Mar. 2018

A full-blown trade war between China and the United States has not yet broken out and may yet be avoided but there is a whiff of grapeshot in the air. For markets, such an atmosphere does not lend itself easily to an appetite for risk, instead fostering a demand for safe havens.

http://www.scmp.com/business/companies/article/2139030/trumps-trade-war-australian-and-japanese-currencies-are-set

 

China-US tariff dispute may fuel Asia-Oceania trade

JOC.com, 27 Mar. 2018

Container volume on the Asia-Australia-New Zealand trade is expected to soar in 2018, and while the 5 to 7 percent growth in demand predicted by carriers will be driven by traditional economic reasons, rising tensions between Beijing and Washington have the potential to further push up China imports on the north-south trade. 

https://www.joc.com/maritime-news/growing-asia-oceania-trade-may-benefit-china-us-trade-dispute_20180327.html

 

Australia Should Chill Out About Chinese Cash, Watchdog Says

Bloomberg, 29 Mar. 2018

Australia needs to be more relaxed about Chinese cash despite the political tensions that come with it, says the head of Australia’s foreign investment watchdog.

https://www.bloomberg.com/news/articles/2018-03-28/chill-out-on-china-says-australian-gatekeeper-to-foreign-buyers

 

China extends 200 bln-yuan currency swap deal with Australia

Reuters, 30 Mar. 2018

BEIJING, March 30 (Reuters) - China’s central bank has extended a bilateral currency swap agreement worth 200 billion yuan ($31.88 billion) with the Reserve Bank of Australia for another three years.

https://www.reuters.com/article/china-australia-swap/china-extends-200-bln-yuan-currency-swap-deal-with-australia-idUSB9N1R400M

 

 

Agriculture

Platform aims to give Chinese customers ‘ownership’ of Aussie beef, on the hoof

By Beef Central, 22 March 2018

A new digital platform launched in Sydney this week aims to give Chinese restaurants and consumers the ability to ‘own and trace’ Australian cattle, sell or share with family and friends, and connect with top chefs and nutritionists.

https://www.beefcentral.com/news/platform-aims-to-give-chinese-customers-ownership-of-aussie-beef-on-the-hoof/

 

Grain growers positive about investment choices

The Weekly Times, 27 Mar. 2018

DESPITE  a tough year in parts of Australia and poor prices, some grain growers are looking to increase their landholding and upgrade plant and equipment.

https://www.weeklytimesnow.com.au/agribusiness/cropping/grain-growers-positive-about-investment-choices/news-story/5fcbd9b9296157d8c9a8c529610aa05c

 

WINE AUSTRALIA: CHINA IS THE ‘WILD WEST’ FOR WINE

The Drinks Business, 28 Mar. 2018

Comparing China to the ‘wild west’, David Lucas, the newly appointed regional general manager of Greater China for Wine Australia, highlighted the opportunities as well as the dilemmas and nuances of the vast market for producers at a panel discussion hosted by Vinexpo on Tuesday.

https://www.thedrinksbusiness.com/2018/03/wine-australia-china-is-the-wild-west-for-wine/

 

 

Resources

Abbott, Joyce urge PM: do more to keep Liddell coal plant open

The Australian, 27 Mar. 2018

UPDATED: Tony Abbott and Barnaby Joyce have both used the Coalition partyroom meeting to urge Malcolm Turnbull to do more to keep the Liddell coal power station open.

https://www.theaustralian.com.au/national-affairs/chinas-cubbie-station-owner-in-push-to-buy-liddell-coal-plant/news-story/01974caf08c8e56830d51f65df4808ef


 

 

Retail & Tourism

China’s young consumers are snubbing foreign brands amid growing national pride, says Credit Suisse

South China Morning Post, 22 Mar. 2018

China is seeing the emergence of a generation of consumers who are more likely to opt for home-made brands, spurred by a growing sense of national pride, according to a survey by Credit Suisse.

http://www.scmp.com/business/china-business/article/2138267/chinas-young-consumers-are-snubbing-foreign-brands-amid

 

Tmall expands overseas with six new centres

WARC, 23 Mar. 2018

HANGZHOU: Tmall Global, the Alibaba-owned online marketplace that specialises in cross-border e-commerce, has announced plans to open six new procurement centres around the world in a move expected to benefit overseas brands.

https://www.warc.com/newsandopinion/news/tmall_expands_overseas_with_six_new_centres/40221

 

‘HOTELS ARE HEALTHY AND THEIR FUTURE IS AS BRIGHT AS EVER’: AIRBNB

Commercial Real Estate, 28 Mar. 2018

It turns out that reports of the imminent death of hotels were greatly exaggerated. Overzealous, oversized predictions that the sharing economy would be the death knell of traditional hospitality have not materialised. In fact, the reality is quite the opposite.

https://www.commercialrealestate.com.au/news/hotels-are-healthy-and-their-future-is-as-bright-as-ever-airbnb/

 

Australian businesses set their sights on Chinese tourists

In The Black, 1 Apr. 2018

With 1.3 million Chinese tourists already heading Down Under annually, here’s how Australian operators plan to remain China’s flavour of the month.

https://www.intheblack.com/articles/2018/04/01/australian-businesses-chinese-tourists

 

 

Education

International students at risk of exploitation at work

The Australian, 27 Mar. 2018

Most international students attending university are from China, followed by India.

https://www.theaustralian.com.au/higher-education/international-students-at-risk-of-exploitation-at-work/news-story/ec6948b7d417f14a8e0e70aff585d859

 

 

China Domestic

Chinese actor Gao Yunxiang arrested for sexual assault in Sydney hotel

The Strait Times, 29 Mar. 2018

SYDNEY - Chinese actor Gao Yunxiang was arrested after a woman accused him of sexual assault in Sydney on Monday (March 26), said Australian reports.

http://www.straitstimes.com/lifestyle/entertainment/chinese-actor-gao-yunxiang-arrested-for-sexual-assault-in-sydney-hotel

The Wild Wild East 28 March 2018

Property

Sydney, Melbourne house sales slowed in 2017 on stock shortages, investor curbs

AFR, 20 Mar. 2018

Home sales in Sydney and Melbourne fell last year to their lowest levels in at least four years as stock shortages kept listings low and tighter credit rules hampered investor purchases.

http://www.afr.com/real-estate/sydney-melbourne-house-sales-slowed-in-2017-on-stock-shortages-investor-curbs-20180320-h0xpiq

 

ANZ boss Shayne Elliott tips soft landing for housing

The Australian, 22 Mar. 2018

 A soft landing in the housing market is likely because Australias highly indebted households also have a high savings rate but there will be pain for some property developers, according to ANZ boss Shayne Elliott.

https://www.theaustralian.com.au/business/property/anz-boss-shayne-elliott-tips-soft-landing-for-housing/news-story/ad1296287be529266b9a45649c065abe


Easter hunt for property keeps houses open for viewing

News.com.au, 24 Mar. 2018

A SURGE in the number of potential buyers has prompted some northern beaches real estate agents to cancel Easter holidays in favour of opening houses for inspection.

http://www.news.com.au/finance/real-estate/sydney-nsw/easter-hunt-for-property-keeps-houses-open-for-viewing/news-story/881feb08585dcf984697f63633e3844b

 

Australian housing market ‘sleepwalking into disaster’

News.com.au, 24 Mar. 2018

HOUSE prices have increased sevenfold in Australia in the past 30 years - but what goes up, must eventually come down. Is anyone prepared?

http://www.news.com.au/finance/real-estate/buying/australian-housing-market-sleepwalking-into-disaster/news-story/6fb6acdfc19a478256d389b4bf11be05

 

 

Currency & Financial

The view from China: tariffs key threat to world economy

The Australian, 19 Mar. 2018

US trade sanctions are the key risk to the world's major economies, according to a group of eminent economists, one of whom concluded that at least US President Donald Trump won't be around forever, even if Chinese President Xi Jinping is.

https://www.theaustralian.com.au/business/opinion/john-durie/the-view-from-china-tariffs-key-threat-to-world-economy/news-story/50f6563cd49e8c7099122162c28f5354

 

Australia to take own path with China on intellectual property

The Australian, 21 Mar. 2018

Trade Minister Steve Ciobo today distanced himself from the US push to take action against China on intellectual property theft saying Australia had not faced the same issues.

https://www.theaustralian.com.au/business/australia-to-take-own-path-with-china-on-intellectual-property/news-story/19ccd80bef510ace75e6c0ad3d9def95

 

For investment opportunities in Australia, look beyond banks: Credit Suisse

CNBC, 21 Mar. 2018

Australia may be a low-growth market, but there are still opportunities for international investors, according to Credit Suisse.

https://www.cnbc.com/2018/03/21/for-investment-opportunities-in-australia-look-beyond-banks-credit-suisse.html

 

 

Agriculture

Australian fruit and nut exports to China up 500% in last four years

Fresh Plaza, 19 Mar. 2018

ANZFuture of Fresh reports that fruit and nut exports from Australia to China have increased by 500% in the last four years.

http://www.freshplaza.com/article/191275/Australian-fruit-and-nut-exports-to-China-up-500-procent-in-last-four-years

 

Harvard University goes nuts for almonds Down Under

The Australia, 19 Mar. 2018

Harvard University is developing about 600ha of former potato fields and other farmland in NSW, building a new dam and planting trees that will take about three years to bear their first edible crops.

https://www.theaustralian.com.au/business/markets/harvard-university-goes-nuts-for-almonds-down-under/news-story/c7cb12845995227b65c3667ac34ec7c9

 

Meat and Livestock Australia: Chilled beef is hot stuff in China

The Weekly Times, 20 Mar. 2018

CHILLED beef into China is an increasingly valuable market opportunity for Australia.

https://www.weeklytimesnow.com.au/agribusiness/cattle/meat-and-livestock-australia-chilled-beef-is-hot-stuff-in-china/news-story/0b086f9d879def522cf51a201750c84a

 

International buyers drive demand for wool as prices surge

Radio Australia, 24 Mar. 2018

It has been a rollercoaster ride over the past 30 years, but the future of wool is looking bright with international buyers once again looking to buy Australian wool.

http://www.radioaustralia.net.au/international/2018-03-24/international-buyers-drive-demand-for-wool-as-prices-surge/1744880

 

 

Resources

Glencore Doubles Down on Coal With $1.7 Billion Australian Investment

Wall Street Journal, 20 Mar. 2018

LONDON—Glencore PLC added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers—part of a bet by the mining giant that demand for coal in Southeast Asia will remain strong, even as competitors shy away from the stuff.

https://www.wsj.com/articles/glencore-doubles-down-on-coal-with-1-7-billion-australian-investment-1521550830

 

Citigroup's Richard Saywell predicts a pick up in resources M&A
AFR, 23 Mar. 2018

Mid-sized resources companies are likely to increasingly seek offshore acquisitions to counter declining growth in Australia and will be backed by investors with a fresh appetite to support expansion by financially solid companies, according to Citigroup's lead investment banker in the sector.

http://www.afr.com/business/energy/oil/citigroups-richard-saywell-predicts-a-pick-up-in-resources-ma-20180322-h0xuty



Retail & Tourism

Local Chinese shoppers, or daigou, hungry for Australian food

The Australian, 19 Mar. 2018

The Australian-based daigou, or personal shoppers, are becoming increasingly important in selling Australian food products to Chinese consumers, according to Livia Wang, director of consulting firm Access CN.

https://www.theaustralian.com.au/business/in-depth/global-food-forum/local-chinese-shoppers-or-daigou-hungry-for-australian-food-brands/news-story/b45321308684b78c4f9bcc92103e89e2

 

Travel top priority: survey

Global Times, 12 Mar. 2018

The Chinese economy might be slowing and facing considerable challenges, but the country's rising middle class appears to be unconcerned, with many spending heavily on travel both domestically and internationally.

http://www.globaltimes.cn/content/1092918.shtml

 

James Packer, Australian Billionaire, Resigns From Casino Company

NY Times, 20 Mar. 2018

SYDNEY, Australia — James Packer, a colorful Australian billionaire who has found himself embroiled in a corruption scandal involving Israel’s prime minister, has resigned as a director of Crown Resorts, the casino company that is a source of much of his wealth.

https://www.nytimes.com/2018/03/20/world/australia/james-packer-australia-resigns-casino.html

 

A$5,888-a-night room with karaoke reveals Australia's China bet

The Business Times, 25 Mar. 2018

[SYDNEY] Star Entertainment Group's newest luxury hotel reveals the Australian casino operator's own naked bet on big-spending Chinese gamblers.

https://www.businesstimes.com.sg/consumer/a5888-a-night-room-with-karaoke-reveals-australias-china-bet

 

 

Education

Stop relying on Chinese international students, ASEAN countries say to Australia

ABC Online, 21 Mar. 2018

Calls for Australia to stop relying so heavily on Chinese international students and start looking to its neighbours for students will be discussed at an ASEAN education meeting in Malaysia today.

http://www.abc.net.au/news/2018-03-21/stop-relying-chinese-international-students-asean-to-australia/9568462

 

Swinburne launches advanced manufacturing centre in Weihai, Shandong

Swinburne, 20 Mar. 2018

A new research centre has been launched in Weihai, Shandong, connecting Swinburne with industry in China and South Korea.

http://www.swinburne.edu.au/news/latest-news/2018/03/swinburne-launches-advanced-manufacturing-centre-in-weihai-shandong.php

 

Migrant children at the head of the class in Australia, OECD report finds

ABC Online, 20 Mar. 2018

Children from India, the Philippines and China are outperforming their Australian-born classmates by significant margins, according to a global education report.

http://www.abc.net.au/news/2018-03-20/migrant-kids-are-finding-success-in-australian-classrooms/9563440

 

 

China Domestic

Canada the lion dog? Overseas Chinese have the most sensational false video to the fire Chinese......

China Is Good, 20 Mar. 2018

Yesterday, Toronto's WeChat circle of friends are crazy for this video:

http://www.chinaisgood.com/wn/349/xaivfjmhe.html

 

The Wild Wild East 21 March 2018

Property

Australian property hot for Chinese buyers

Australia China Business Review, 14 Mar. 2018

More than three quarters of Chinese travellers will consider buying property overseas in 2018, according to research by international property portal Juwai.com.

http://www.acbr.com.au/australian-property-hot-chinese-buyers

 

Australian real estate group Mirvac ‘masterplans’ communities with 5.1kW PV / 10kWh batteries

PV Tech, 16 Mar. 2018

Australian real estate developer Mirvac looks set to put a sizeable amount of solar-plus-storage into brand new homes in Sydney and Brisbane, with help from the national Clean Energy Finance Corporation.

https://www.pv-tech.org/news/australian-real-estate-group-mirvac-masterplans-communities-with-5.1kw-pv-1

 

AIRBNB-STYLE ACCOMMODATION GROWING FASTER THAN HOTELS DESPITE ROOM BOOM: DELOITTE

Commercial Real Estate, 16 Mar. 2018

Growth in the use of shared accommodation is outpacing its traditional rivals, despite new hotel developments adding thousands of new rooms to the Australian market in 2017, a new report shows.

https://www.commercialrealestate.com.au/news/airbnb-style-accommodation-growing-faster-than-hotels-despite-room-boom-deloitte/

 

David Russell is buying the real estate dream

The Australian, 17 Mar. 2018

Singapore-based David Russell appears to be on a multi-million- dollar real estate binge after picking up residential properties in Melbourne’s Brighton and Queensland’s Sunshine Beach with a total value of about $42 million.

https://www.theaustralian.com.au/life/home-design/prestige-property/david-russell-is-buying-the-real-estate-dream/news-story/de26de8ceee2817dabfc4aa8ee3381f0

 

Sydney, Melbourne housing boom is over, auction clearance rates show

AFR, 18 Mar. 2018

The Sydney and Melbourne housing boom is over as investors retreat further and sellers' price expectations continue to wind down.

http://www.afr.com/real-estate/residential/sydney-melbourne-housing-boom-is-over-auction-clearance-rates-show-20180318-h0xmhl

 

 

Currency & Financial

Australian steel producers to benefit from reduction in Chinese net exports

AFR, 13 Mar. 2018

The recent events surrounding President Trump's decision to levy tariffs on steel and aluminum imports, seen by many as a first step towards triggering a global trade war, has, alongside others around the world, troubled Australian ultra-high-net-worth investors, who have everything to lose and nowhere to hide.

http://www.afr.com/personal-finance/shares/handy-tailwinds-for-australian-steel-producers-20180312-h0xcdw

 

Australian companies in China optimistic on growth: survey

Global Times, 15 Mar. 2018

Australian companies have a strongly optimistic view about doing business in China despite the ongoing challenges, according to the latest survey released Thursday by the China-Australia Chamber of Commerce (AustCham) and the Australian China Business Council (ACBC) Victoria.

http://www.globaltimes.cn/content/1093575.shtml


Australia joins infrastructure game with alternative to China's 'Belt and Road'

AFR, 18 Mar. 2018

Australia has taken the first public step towards joining the new Great Game in Asia with its plan to strengthen infrastructure development cooperation with Southeast Asian countries.

http://www.afr.com/business/infrastructure/australia-joins-great-game-with-alternative-to-chinas-belt-and-road-20180318-h0xmt2

 

 

Agriculture

Super funds to sows seeds in agriculture

The Australian, 12 Mar. 2018

The $700 billion industry super fund sector is looking at ways to invest in agriculturethrough a collective investment company backed by a group of major funds. 

https://www.theaustralian.com.au/business/super-funds-to-sows-seeds-in-agriculture/news-story/f9c0621f8d8b74c14d9701abcc03ded3

 

China dairy consumption trending towards cheese, yogurt and added protein, Mintel says

Mary Ellen Shoup, 16 Mar. 2018

The rising demand for dairy in China, growing at 6% to 7% rate annually, is teetering on outpacing volume growth of the category (increasing by 3% to 4% every year) as the country shows great interest in dairy products, according to Mintel.

HTTPS://WWW.DAIRYREPORTER.COM/ARTICLE/2018/03/16/CHINA-DAIRY-CONSUMPTION-TRENDING-TOWARDS-CHEESE-YOGURT-AND-ADDED-PROTEIN-MINTEL-SAYS

 

Murray Goulburn's Koroit plant sale to attract plenty of suitors

The Australian, 18 Mar. 2018

UDC has connection with the Dutch-based Louis Dreyfus company, a global merchant firm that is involved in agriculture, food processing, international shipping and financing with assets worth $US18.6 billion.

https://www.theaustralian.com.au/business/dataroom/murray-goulburns-koroit-plant-sale-to-attract-plenty-of-suitors/news-story/1861ab3a1dc9f05a43fe1db2a137eb90

 

 

Resources

China's CITIC estimates up to $1 billion impairment on Australia's Sino Iron project

Reuters, 12 Mar. 2018

HONG KONG (Reuters) - Chinese conglomerate CITIC Ltd (0267.HK) said it would book an impairment of $800 million to $1 billion on the value of its Sino Iron project in Australia for fiscal 2017.

https://www.reuters.com/article/us-citic-australia/chinas-citic-estimates-up-to-1-billion-impairment-on-australias-sino-iron-project-idUSKCN1GO03O

 

Steven Marshall welcomes Elon Musk and wants to cut energy costs

AFR, 18 Mar. 2018

Incoming South Australian Premier Steven Marshall says cutting energy costs to business and households is a major priority for his new government, with a $200 million inter-connector fund a centrepiece of his plans to deliver cheaper power.

http://www.afr.com/business/energy/steven-marshall-welcomes-elon-musk-and-wants-to-cut-energy-costs-20180317-h0xmdi

 

 

 

Retail & Tourism

Daigou hub: Australia’s first opens in Sydney

The Weekly Times, 08 Mar. 2018

AUSTRALIA’S first daigou hub has opened in Sydney.

https://www.weeklytimesnow.com.au/news/national/daigou-hub-australias-first-opens-in-sydney/news-story/413c8c09b9d6a41bfbdc7ee24d8bf339

 

Australia among the top three countries selling products into China through Tmall Global

Smart Company, 13 Mar. 2018

Australia is among the top three nations importing products into China using Alibaba platform Tmall, according to Tmall Global’s 2018 consumers report.

https://www.smartcompany.com.au/industries/retail/australia-third-top-seller-on-tmall-global/

 

Tourism Australia's new $12m fund to lure big-spending business delegates

AFR, 14 Mar. 2018

Tourism Australia is launching a $12 million fund to help states bid for lucrative business incentive trips, conferences and exhibitions where big-spending delegates spend twice as much as your average tourist.

http://www.afr.com/news/politics/tourism-australias-new-12m-fund-to-lure-bigspending-business-delegates-20180313-h0xfvc

 

Tasmania tourism growth surges: Chinese flock to the Australian island state

Traveller, 15 Mar. 2018

Australia's fastest-growing tourist destination is our smallest state, the sleepy island of half a million people that some mainlanders still mock for being a backwater.

http://www.traveller.com.au/tasmania-tourism-growth-surges-chinese-flock-to-the-australian-island-state-h0xfud

 

Australia's top brands in China revealed

The Australian, 15 Mar. 2018

A little-known beauty brand called Australian Creams has topped a list of the most trusted national name among mainland Chinese consumers, according to a new index to be revealed by Monash University today. 

https://www.theaustralian.com.au/business/companies/australias-top-brands-in-china-revealed/news-story/73519707fbf30cd1e3b55b3684f79784

 

 

Education

China raises concerns about student visa delays

AFR, 13 Mar. 2018

China has raised concerns about the long visa approval process for government-funded postgraduate students seeking to study at Australian universities amid suggestions the delays are politically motivated following fears about Beijing's alleged influence on university campuses.

http://www.afr.com/news/policy/education/china-raises-concerns-about-student-visa-delays-20180313-h0xep0


 

China Domestic

China Remembers Givenchy For His Ties to Hepburn, the Original KOL

Jing Daily, 14 Mar. 2018

Shortly after news broke that Hubert de Givenchy had died at the age of 91, the hashtag #纪梵希去世# (“Givenchy passed away”) went viral on Weibo. It became the top trending term on the platform, receiving up to 65,000 searches per hour.

https://jingdaily.com/givenchy-hepburn-kol/

The Wild Wild East 14 March 2018

Property

Sydney vendors fail to recognise property slowdown

AFR, 06 Mar. 2018

Discounts are rising and times on market are growing as Sydney vendors fail to check their hopes with the reality of a slowing market. 
http://www.afr.com/real-estate/sydney-vendors-fail-to-recognise-property-slowdown-20180306-h0x2d3

 

Global ultra-wealthy buyers keen on Australian property

The Australian, 07 Mar. 2018

The number of ultra wealthy people in Australia is tipped to jump to 1720 over the next five years and more of the world's rich could soon be snapping up prestige Australian homes, a new report found.

https://www.theaustralian.com.au/business/property/global-ultrawealthy-buyers-keen-on-australian-property/news-story/5e9bfc7e5dec2fa8184a77e95766f8ab

 

Australia's ultra-wealthy to grow 37pc on property, migration: Knight Frank
AFR, 07 Mar. 2018

Australia's population of 'ultra wealthy' will jump 37 per cent over the next five years as rising property and equity values boost fortunes and the country continues to draw wealthy immigrants, Knight Frank says. 
http://www.afr.com/real-estate/australias-ultrawealthy-to-grow-37pc-on-property-migration-knight-frank-20180306-h0x4h5

 

Fraud and identify theft 'growing threat' to $1.7 trillion real estate business

AFR, 09 Mar. 2018

Mis-selling, fraud, 'out of control' identity theft and hacking are a growing threat to the nation's $1.7 trillion real estate sector, according to analysis by banking and technology specialists.
http://www.afr.com/personal-finance/fraud-and-identify-theft--growing-threat-to-17-trillion-real-estate-business-20180309-h0x947

 

Australians’ interest in Japan driving waves of offshore property investment

Domain, 10 Mar. 2018

Australians are taking advantage of Japan’s cheaper property market in droves, with ski towns becoming increasingly popular for investment.

https://www.domain.com.au/news/australians-interest-in-japan-driving-waves-of-offshore-property-investment-20180310-h0xa54/

 

 

Currency & Financial

RBA lowers economy's investment outlook on manufacturing decline

ABC Online, 07 Mar. 2018

The decline in Australian manufacturing is likely to weigh on the recovery in business investment over coming years, Reserve Bank governor Dr Philip Lowe has warned.

http://www.abc.net.au/news/2018-03-07/rba-downgrades-economic-outlook-on-weaker-business-investment/9522158

 

Spotlight: High-level business summit in Australia eyes new opportunities in China

Xinhua, 08 Mar. 2018

SYDNEY, March 8 (Xinhua) -- Although Australia has a resource-based economy with mining and agriculture at the forefront of the country's past successes, business leaders are continuing to search for new opportunities to sustain growth and compete in the ever changing economic landscape.

http://www.xinhuanet.com/english/2018-03/08/c_137024821.htm

 

China launch for top investment platform

Australia China Business Review, 09 Mar. 2018

One of Australia’s biggest private investment platforms is gearing up to launch its services in China, tapping into increasing demand for Australian investment opportunities from high-net-worth individuals and professional investors.

http://www.acbr.com.au/china-launch-top-investment-platform

 

Chinese investors eye Australian private equity through Noah Holdings
AFR, 11 Mar. 2018

New York-listed Chinese high-net-worth wealth manager Noah Holdings launched its first Australian office in Melbourne on Friday, with plans to invest up to $2 billion in Australian private equity deals over the next four years.
http://www.afr.com/real-estate/chinese-investors-eye-australian-private-equity-through-noah-holdings-20180308-h0x80v



Agriculture

Aussie farmers eye Chinese meat markets

News.com.au, 07 Mar. 2018

Just mentioning Australia when selling meat in China is enough to attract the lofty prices which have opened ultra-premium markets to livestock farmers.

http://www.news.com.au/national/breaking-news/aussie-farmers-eye-chinese-meat-markets/news-story/0600c9b4ee650382be5f04bc6d6665c5

 

Foreign owners help Australian farms 'flourish'

SMH, 08 Mar. 2018

The Consolidated Pastoral Company, a huge beef enterprise with Australian cattle stations covering about 5.5 million hectares, is a “great example” of how a local agricultural business "can flourish and grow" with support from foreign investment, according to the company’s chief executive.

https://www.smh.com.au/business/companies/foreign-owners-help-australian-farms-flourish-20180308-p4z3h0.html

 

Australia Is Selling $280 Steaks to the Chinese

Bloomberg, 08 Mar. 2018

Australia’s richest woman Gina Rinehart is boosting her cattle herd in the world’s third-biggest beef exporter to serve up more premium steak to discerning customers in China.

https://www.bloomberg.com/news/articles/2018-03-07/-280-steak-in-china-sees-australia-s-richest-woman-expand-cattle

 

Falling off the sheep’s back: Why Australia can't capitalise on record wool prices

SMH, 09 Mar. 2018

Sheep farmers in rural Australia waited more than half a century for wool prices to come roaring back, only to find there aren't enough shearers to trim their golden fleeces.

https://www.smh.com.au/business/the-economy/falling-off-the-sheeps-back-why-australia-cant-capitalise-on-record-wool-prices-20180309-p4z3lo.html

 

 

Resources

Rio Tinto's last two coal mines set to attract bids over $3b

SMH, 10 Mar. 2018

At least three bidders are expected to submit final offers for global miner Rio Tinto's Hail Creek and Kestrel coal mines, which could fetch up to $US2.5 billion ($3.2 billion), people familiar with the process said.

https://www.smh.com.au/business/companies/rio-tinto-s-last-two-coal-mines-set-to-attract-bids-over-3b-20180310-p4z3qn.html

 

 

Retail & Tourism

China Outbound Tourism Hits Record High in 2017

Caixin Global, 05 Mar. 2018

Buoyed by rising incomes, favorable exchange rates and easier visa processes, outbound travel from China hit another record last year, a new survey showed.

https://www.caixinglobal.com/2018-03-05/china-outbound-tourism-hits-record-high-in-2017-101217260.html

 

Tencent’s WeChat hits 1 billion milestone as Lunar New Year boosts monthly active users

South China Morning Post, 05 Mar. 2018

WeChat’s monthly user numbers pass 1 billion, up from 980 million in third quarter last year, boosted by Lunar New Year social media activity

http://www.scmp.com/tech/apps-gaming/article/2135690/tencents-wechat-hits-1-billion-milestone-lunar-new-year-boosts

 

One Belt One Road: China lists $400m Gold Coast theme park as 'key project' of global initiative

ABC Online, 05 Mar. 2018

China's Ministry of Culture has listed a Chinese developer's planned Gold Coast theme park as a "key cultural trade and investment project" that is linked to the country's ambitious Belt and Road investment plan.

http://www.abc.net.au/news/2018-03-05/china-lists-planned-gold-coast-theme-park-as-a-key-project/9508904

 

 

Education

Australian universities' student recruitment from China flatlines

Times Higher Education, 05 Mar. 2018

Australian universities’ intake of students from China has flatlined, in a worrying sign for the nation’s third biggest export industry and the coffers of its most prestigious universities.

https://www.timeshighereducation.com/news/australian-universities-student-recruitment-china-flatlines

 

More than a quarter of int'l students in Australia are from China: data

Xinhua, 07 Mar. 2018

More than 600,000 international students studied in Australia in 2017, with China, India and Malaysia taking up the largest proportion, Universities Australia's data showed on Wednesday.

http://www.ecns.cn/2018/03-07/294943.shtml

 

 

China Domestic

Love Tricks or Self-Help? The Singles Paying to Find Love

Sixth Tone, 08 Mar. 2018

SICHUAN, Southwest China — With his car, apartment, and steady job, Zhang Wenjie might seem like a catch.

http://www.sixthtone.com/news/1001889/love-tricks-or-self-help%3F-the-singles-paying-to-find-love

 

Picture of grace: 71-year-old model shines on Taobao

China Daily, 08 Mar. 2018

A 71-year-old female on Taobao has become a role model for many women in the country.

http://www.chinadaily.com.cn/a/201803/08/WS5aa0d6cda3106e7dcc14067a.html

The Wild Wild East 07 March 2018

Property

Inbound Chinese investment drops 60pc to $2.8b

SMH, 28 Feb. 2018

Regulatory changes and tightening lending conditions has had a toll on total Chinese outbound investment into Australian commercial property, with a fall of 60 per cent reported in the past year.

https://www.smh.com.au/business/companies/inbound-chinese-investment-drops-60pc-to-2-8b-20180227-p4z1x9.html

 

Realestate.com.au pushes ahead with home loans

The Australian, 26 Feb. 2018

That's the view of realestate.com.au head of home loans Andrew Russell, who wants to make the property search giant a one-stop shop where users can find a home and get a mortgage.

https://www.theaustralian.com.au/business/property/realestatecomau-pushes-ahead-with-home-loans/news-story/cb010b5e63538e3d874e21863d12cb09

 

Australia's banking regulator says the limit on property investor loans is reaching 'the end of its useful life'

Business Insider Australia, 01 Mar. 2018

Australia’s banking regulator indicated today that it’s ready to lift home-loan restrictions on investor lending which have been in place since 2014.

https://www.businessinsider.com.au/apra-lending-restrictions-australian-housing-market-2018-3

 

Housing prices slip for fifth straight month, national property report finds

ABC Online, 01 Mar. 2018

Australian housing values have slipped for the fifth straight month, as the crackdown on interest-only lending continues to dampen housing demand.

http://www.abc.net.au/news/2018-03-01/australian-housing-prices-slip-for-fifth-straight-month/9496392

 

Australia’s top beach earns a new national property crown

News.com.au, 03 Mar. 2018

MANLY has hit the national spotlight again with the release of a major property report showing it is the number one suburb in Australia for overseas people looking to buy.

http://www.news.com.au/finance/real-estate/sydney-nsw/australias-top-beach-earns-a-new-national-property-crown/news-story/8b68ca6fceada4d222f3eb67d8b60ede

 

 

Currency & Financial

Australian Dollar Hurt by Holiday-Skewed China Manufacturing PMI

Daily FX, 28 Mar. 2018

The Australian Dollar took a hit, though gave back some of its losses, immediately after we received a snapshot of China’s manufacturing sector. In February, the official PMI reading was 50.3 versus 51.1 expected and 51.3 in January. This was the slowest pace of expansion since July 2016. Keep in mind, a reading above 50 indicates growth while those below show contraction.

https://www.dailyfx.com/forex/market_alert/2018/02/28/Australian-Dollar-Hurt-by-Holiday-Skewed-China-Manufacturing-PMI.html


Foreign investors continue influence in Australia

The Investor, 02 Mar. 2018

Offshore capital will continue to target Australian real estate this year, with new capital sources and destinations in play.

http://www.theinvestor.jll/news/australia/others/offshore-capital-continue-influence-australia/

 

Virgin hails HNA links despite debt fears

The Australian, 04 Mar. 2018

HNA has been selling off some of its property assets around the world, including in Australia, to reduce its debt. But it is regarded very differently by Chineseauthorities, with state-backed investment company CITIC extending a $US3.2 billion ($4.1bn) credit line to the company last month.

https://www.theaustralian.com.au/business/aviation/virgin-hails-hna-links-despite-debt-fears/news-story/b0cdf8cb7070d3cf2b132644b3a52bce

 

 

Agriculture

New China chief for Wine Australia, David Lucas

Adelaide Now, 05 Mar. 2018

EXPERIENCED Asian wine operator David Lucas is the new regional general manager greater China for Wine Australia.

http://www.adelaidenow.com.au/business/sa-business-journal/new-china-chief-for-wine-australia-david-lucas/news-story/4d94818ee7bb49611c92a101a1c927d1

 

JD.com Launches Australian Beef Blockchain Project

Which-50, 02 Mar. 2018

Chinese ecommerce giant JD.com is partnering with Australian beef exporter InterAgri to launch a blockchain-enabled traceability system aimed at providing greater transparency about the provenance of beef sold in China.

https://which-50.com/jd-com-launches-australian-beef-blockchain-project/

 

 

Resources

Bold strategy of China's Yancoal in Australia pays off

Xinhua, 01 Mar. 2018

SYDNEY, March 1 (Xinhua) -- The Chinese-owned coal producer Yancoal Australia Ltd has reported a huge jump in their full year financial results on Thursday, up 624 million Australian dollars (482.65 million U.S. dollars) on the previous year.

http://www.xinhuanet.com/english/2018-03/01/c_137008299.htm

 

Rio Tinto facing further legal fight over coal investment

ABC Online, 02 Mar. 2018

The Australian Securities and Investments Commission (ASIC) said it has commenced proceedings against the mining giant, its former chief executive Tom Albanese and former chief financial officer Guy Elliott.

http://www.abc.net.au/news/2018-03-02/rio-tinto-facing-further-legal-fight-over-mozambique-investment/9504506

 

 

Retail & Tourism

The three Aussie shopping centres most popular with Chinese tourists

SMH, 27 Mar. 2018

For every 100 Chinese tourists on a long-term holiday to Australia, 15 will set foot in Sydney’s Chatswood Chase shopping centre three or more times.

https://www.smh.com.au/business/companies/the-three-aussie-shopping-centres-most-popular-with-chinese-tourists-20180227-p4z1yn.html

 

We've long heard Australian retail is doomed, but the reality isn't that simple

ABC Online, 01 Mar. 2018

Some of Australia's biggest shopping brands — JB Hi-Fi, Coles and Woolworths — have opened the cash registers to reveal massive profits.

http://www.abc.net.au/news/2018-03-01/retail-online-shopping-demise-it-isnt-simple/9495004

 

Alibaba Data Proves Consumerism Is Taking Over Chinese New Year

Sixth Tone, 02 Mar. 2018

Today marks the arrival of the Lantern Festival, one of China’s most evocative holidays.

http://www.sixthtone.com/news/1001841/alibaba-data-proves-consumerism-is-taking-over-chinese-new-year

 

 

Education

Students from China, India and Nepal surge at Australian universities despite jobs squeeze

SMH, 01 Mar. 2018

Chinese and Indian students have not been deterred by negative media coverage or reports of racist attacks, and are flocking to Australian universities in record numbers.

https://www.smh.com.au/politics/federal/students-from-china-india-and-nepal-surge-at-australian-universities-despite-jobs-squeeze-20180301-p4z2bd.html

 

 

China Domestic

Ancient Chinese skincare tool gains new popularity in the US

China Daily, 05 Mar. 2018

Amid a shrinking market for beauty equipment, the jade roller, an ancient Chinese skincare tool, has recently gained new popularity in the US.

http://www.chinadaily.com.cn/a/201803/05/WS5a9c9aa6a3106e7dcc13f810.html

 

 

The Wild Wild East 28 February 2018

Property

Wu Yi hopes to transform construction in Australia

Australia China Business Review, 12 Feb. 2018

Located on the south-east coast of China, Fujian Province has always been one of the Middle Kingdom’s most culturally and economically important regions.

http://www.acbr.com.au/wu-yi-hopes-transform-construction-australia

 

China Still a Major Player in Australia’s Property Market

The Urban Developer, 13 Feb. 2018

Despite Beijing’s restrictions on offshore company investment, China still has a healthy presence in Australia’s property market, taking a one-third helping of national development sites.

https://theurbandeveloper.com/articles/china-still-a-major-player-in-australias-property-market

 

Chinese New Year to start buying spree in Australian capitals

News.com.au, 16 Feb. 2018

WHILE there’s been a marked fall in Chinese residential property buying across Sydney, the depth of the enrichened 1.4 billion Chinese population means there is always likely to be some demand coming our way.

http://www.news.com.au/finance/real-estate/sydney-nsw/chinese-new-year-to-start-buying-spree-in-australian-capitals/news-story/c40fa47ac7a5d37eff746a60ef2ff77f

 

How property agents attract Chinese buyers: From floor numbers to feng shui

SBS News, 23 Feb. 2018

Australian property agents and developers are targeting potential homebuyers with Chinese language brochures, signs, and good feng shui - and as SBS News discovers, some details can make or break a sale.

https://www.sbs.com.au/news/how-property-agents-attract-chinese-buyers-from-floor-numbers-to-feng-shui

 

 

Currency & Financial

China Decides the Australian Dollar's Fate, Not U.S. Treasuries

Bloomberg, 21 Feb. 2018

The Australian dollar’s strength despite Treasury yields eclipsing those on local government debt for the first time since 2001 has perplexed some observers. It shouldn’t, says Macquarie Bank Ltd.

https://www.bloomberg.com/news/articles/2018-02-20/it-s-china-not-u-s-treasuries-that-will-decide-aussie-s-fate

 

How Blackstone helped Excel Trust investors 'dodge the Amazon bullet'
AFR, 21 Feb. 2018

In 2015 the operators of a $US2 billion ($2.5 billion) retail property portfolio found themselves at home and in the office surrounded by piles of boxes from online retailer Amazon.

http://www.afr.com/real-estate/how-blackstone-helped-these-investors-dodge-the-amazon-bullet-20180220-h0wehf


 

Agriculture

For Australian winemakers, Chinese relationships are bearing fruit

Straits Times, 15 Feb. 2018

HUNTER VALLEY, AUSTRALIA/SHANGHAI (REUTERS) - Mr Wang Zhe, a wealthy Chinese businessman from Guangzhou, liked his glass of decade-old Chardonnay at an Australian winery so much he wanted more.

http://www.straitstimes.com/asia/australianz/for-australian-winemakers-chinese-relationships-are-bearing-fruit

 

Australia: Shares slip; a2 Milk froths up on China demand

The Business Times, 21 Feb. 2018

[BENGALURU] Australian shares slipped on Wednesday as nervousness spilling over from US markets overshadowed positive earnings news from many domestic companies, while index heavyweight BHP fell hard after reporting its half-year results on Tuesday.

http://www.businesstimes.com.sg/stocks/australia-shares-slip-a2-milk-froths-up-on-china-demand

 

Australian wool thrives as Chinese hunger for a natural feel

Nikkei Review, 25 Feb. 2018

SYDNEY -- Australia's wool producers are cashing in on surging prices, thanks to strong demand in China and an expanding market buoyed by innovative new products.

https://asia.nikkei.com/Markets/Commodities/Australian-wool-thrives-as-Chinese-hunger-for-a-natural-feel

 

 

Resources

China's January coal imports from Australia surge as blizzard hits

Reuters, 24 Feb. 2018

BEIJING (Reuters) - China’s coal imports from key supplier Australia surged in January from a year ago, customs data showed on Saturday, boosted by strong demand at utilities amid freezing weather.

https://www.reuters.com/article/us-china-economy-trade-coal/chinas-january-coal-imports-from-australia-surge-as-blizzard-hits-idUSKCN1G808U

 

 

Retail & Tourism

A new app reveals South Australia’s retailers are big winners from the record number of Chinese visitors to the state

Adelaide Now, 15 Feb. 2018

AS the global Chinese community ushers in a new year, it appears South Australia's retail sector is one of the big winners from the record number of Chinese tourists visiting the state. 

http://www.adelaidenow.com.au/business/a-new-app-reveals-south-australias-retailers-are-big-winners-from-the-record-number-of-chinese-visitors-to-the-state/news-story/43a98bc9b1545170cce9448088fe965d


Push for more direct flights from China to WA as tourist drought bites

The West Australian, 17 Feb. 2018

A trial later this year of direct flights from Shanghai to Perth could help plug a crucial hole in WA’s tourist market - an absence of Chinese visitors.

https://thewest.com.au/news/tourism/push-for-more-direct-flights-from-china-to-wa-as-tourist-drought-bites-ng-b88748428z

 

Alibaba cashes in on tourist boom with Alipay and TMall platforms

The Australian, 23 Feb. 2018

Alibaba's Australia chief executive, Maggie Zhou, is flying from Melbourne to Sydney next week to meet relatives visiting from China. “It's been hard to book a hotel,” she told The Weekend Australian.

https://www.theaustralian.com.au/business/alibaba-cashes-in-on-tourist-boom-with-alipay-and-tmall-platforms/news-story/1e695bc2eda6e872df693aad75d508fc

 

 

 

Education

Chinese students warned over Australia safety

Financial Times, 15 Feb. 2018

Beijing has issued a safety warning to Chinese students in Australia, heightening fears in Canberra of economic retaliation after a spike in political tensions between the countries.

https://www.ft.com/content/e1f92b40-11f9-11e8-8cb6-b9ccc4c4dbbb

 

Campus connections matter for Australia–China relations

East Asia Forum, 19 Feb. 2018

China is a partner of Australia and it must remain so. The two countries are geographically close and the 2015 China–Australia Free Trade Agreement has narrowed the distance further.

http://www.eastasiaforum.org/2018/02/19/campus-connections-matter-for-australia-china-relations/

 

China pressures Australia through higher education sector

The Australian, 21 Feb. 2018

Increasing signs that China is using its $9 billion annual spend by international students as leverage in its increasingly tense relations with Australia has prompted rapid action in Canberra to try to limit the damage in one of the ­nation’s most lucrative export markets.

https://www.theaustralian.com.au/higher-education/china-pressures-australia-through-higher-education-sector/news-story/17344b0df8b59a560ff48431a5fcd2a3

 

 

China Domestic

Artisanal Woks Are the Breakout Star of ‘A Bite of China’

Sixth Tone, 24 Feb. 2018

A workshop in eastern China has asked customers not to climb factory walls to get their hands on its hot woks. Sales of the handmade iron pans surged after savvy product placement in one of China’s most popular cooking shows, local newspaper Jinan Daily reported Friday.

http://www.sixthtone.com/news/1001784/artisanal-woks-are-the-breakout-star-of-a-bite-of-china

 

End of Spring Festival Finally Brings Relief to Single Women

Sixth Tone, 26 Feb. 2018

As China’s lunar new year celebrations draw to a close, many young people are hightailing it back to the country’s cities, anxious to get away from the incessant badgering of their relatives. Take my friend Shasha, for example, who was born in eastern China’s Shandong province and now works in an administrative role at East China Normal University in Shanghai. People love Shasha: She’s the life and soul of any party, is great at her job, and many guys find her attractive.

http://www.sixthtone.com/news/1001792/end-of-spring-festival-finally-brings-relief-to-single-women

 

The Wild Wild East 14 February 2018

Property

New rules could discourage off-the-plan buyers

Your Mortgage, 05 Feb. 2018

The Australian government's strategy to address the so-called phoenixing amongst development companies will make it complicated for property hunters to buy off-the-plan.

https://www.yourmortgage.com.au/mortgage-news/new-rules-could-discourage-offtheplan-buyers/246225/

 

Apartment prices cut and buyer incentives boosted as developers struggle to sell
AFR, 05 Feb. 2018

Sellers are lowering prices on high rise inner-city apartments by up to 10 per cent, advisers are being offered $10,000 commissions to recommend apartment sales, builders are adding 'free' luxury fixtures and lenders are including new incentives – on top of record low rates – in a bid to revive flagging residential property markets, analysis of market offers reveals.
http://www.afr.com/real-estate/apartment-prices-cut-and-buyer-incentives-boosted-as-developers-struggle-to-sell-20180202-h0suk9


High property prices force one-in-five essential workers out of Sydney
AFR, 05 Feb. 2018

One-in-five teachers and emergency workers have been forced to relocate to outer and regional areas because rising property prices are outpacing their incomes and capacity to save a deposit, according to academic and banking research.
http://www.afr.com/real-estate/high-property-prices-force-oneinfive-essential-workers-out-of-sydney-20180205-h0ts2w

 

Mirvac profit falls on lower property revaluations, settlement timing
AFR, 08 Feb. 2018

Diversified property group Mirvac said it was on target to deliver its planned earnings growth despite residential earnings skewed to the second half of the year, but suffered a profit decline from a lower number of property revaluations.
http://www.afr.com/real-estate/mirvac-profit-falls-on-lower-property-revaluations-settlement-timing-20180205-h0tylq

 

Chinese buyers hit Melbourne in golden rush

News.com.au, 11 Feb. 2018

CHINESE buyers will this week descend on Melbourne for a property frenzy with the city’s outer suburbs and university precincts in their sights.

http://www.news.com.au/finance/real-estate/melbourne-vic/chinese-buyers-hit-melbourne-in-golden-rush/news-story/b743c4dceb39aca4507f80d6d89dffac

 

 

Currency & Financial

Bumper supplement firm takeovers just the beginning for Chinese investment into Australian industry: KPMG

Gary Scattergood, 05 Feb. 2018

Chinese investment into Australian health firms, including supplement manufacturers, will continue to grow as the country’s healthcare system matures and the population ages, analysts from KPMG are forecasting.

HTTPS://WWW.FOODNAVIGATOR-ASIA.COM/ARTICLE/2018/02/05/BUMPER-SUPPLEMENT-FIRM-TAKEOVERS-JUST-THE-BEGINNING-FOR-CHINESE-INVESTMENT-INTO-AUSTRALIAN-INDUSTRY-KPMG

 

$67 billion in private equity targeting real estate opportunities in Asia
AFR, 06 Feb. 2018

More than $67 billion of private equity capital managed by funds will be targeting Australian, Chinese and Japanese property over the next three years, according to analysis by CBRE Group, a commercial real estate and investment company.
http://www.afr.com/real-estate/67-billion-in-private-equity-targeting-real-estate-opportunities-in-asia-20180206-h0uq17

 

Australia at foreign investment crossroads, warns Adani boss

The Australian, 10 Feb. 2018

Adani’s local boss has warned that Australia is at a “crossroads” on foreign investment as mining union leaders urged Bill Shorten to tone down his criticism of the giant Indian energy producer.

https://www.theaustralian.com.au/national-affairs/foreign-affairs/australia-at-foreign-investment-crossroads-warns-adani-boss/news-story/2d159aa9e0223352a89142efaa4296b1

 

 

Agriculture

2017 China wine imports: Australia and Georgia taking a leap

Decanter China, 05 Feb. 2018

China’s wine imports rose further in 2017, with Australian, Chilean and Georgian wines showing significant growth. Meanwhile, Higher average prices for bulk and sparkling wines suggest the market’s increased demand for quality.

https://www.decanterchina.com/en/news/2017-china-wine-imports-australia-and-georgia-taking-a-leap

 

New foreign ownership laws expose sales of farmland

The Weekly Times, 06 Feb. 2018

FARMERS looking to quietly sell their property will suffer most under tough new foreign investment rules on the sale of agricultural land, agents and buyers argue.

https://www.weeklytimesnow.com.au/news/national/new-foreign-ownership-laws-expose-sales-of-farmland/news-story/9b1befdac30ec40f369922e3113f17e9

 

 

Resources

Iron ore exports to China from Australia's Port Hedland fall to six-month low

Reuters, 06 Feb. 2018

SYDNEY, Feb 6 (Reuters) - Iron ore shipments to China in January from Australia's Port Hedland terminal fell 11.3 percent from a month ago to 34.7 million tonnes, their lowest since July, port data released on Tuesday showed.

http://www.kitco.com/news/2018-02-06/Iron-ore-exports-to-China-from-Australia-apos-s-Port-Hedland-fall-to-six-month-low.html

 

 

Retail & Tourism

How one Aussie start-up is opening the door to China through software

ARN Net, 05 Feb. 2018

With China central to the future success of Australia, Sinorbis is leveraging Alibaba Cloud to build software capable of bridging the gap

https://www.arnnet.com.au/article/632975/how-one-aussie-start-up-opening-door-china/?fp=2&fpid=1

 

China's JD.com to open Australia office this month
AFR, 08 Feb. 2018

JD.com, the Chinese ecommerce giant founded by billionaire Richard Liu, will open its first office in Australia this month as it steps up expansion plans in the region and seeks to challenge Amazon's dominance of the booming online retail market in the western world.
http://www.afr.com/business/retail/chinas-jdcom-to-open-australia-office-this-month-20180207-h0v9jf

 

 

Education

Student accommodation tower on North Terrace and Frome St Corner in proposed development

Adelaide Now, 9 Feb. 2018

NO matter what finally gets built on the old Royal Adelaide Hospital site, students in a 34-storey accommodation tower directly opposite are going to have the best view of it.

http://www.adelaidenow.com.au/news/south-australia/student-accommodation-tower-on-north-terrace-and-frome-st-corner-in-proposed-development/news-story/ab9565f56ca4c6e00855bd45245f46a9

 

Bond University Vice-Chancellor and President Tim Brailsford Talks Chinese New Year

Gold Coast Bulletin, 10 Feb. 2018

MANY Aussies will be partying with the Chinese community next week to celebrate the Chinese New Year.

http://www.goldcoastbulletin.com.au/news/opinion/bond-university-vicechancellor-and-president-im-brailsford-talks-chinese-new-year/news-story/0fd02972a663f115c79bc6ec735dcd50?nk=995fb1b9b4bb4298d28a810676db78dc-1518404069

 

 

China Domestic

Fake Boyfriends and Alibaba’s Bid to Clean Things Up

China Skinny, 25 Jan. 2018

For millions of Chinese, Spring Festival is the most magical of times.  It’s the one holiday of the year they get to spend at home, catching up with nearest and dearest with the chance to demonstrate their success in the city through generous gifts and red envelopes.  For countless others, it’s a time to dread. Single 20 and 30-somethings across the country return home with trepidation as parents, aunties, uncles and grandparents get ready to pry and lament at their lack of a lover.

https://www.chinaskinny.com/blog/fake-boyfriends-chinese-new-year/

 

The Wild Wild East 07 February 2018

Property

Yuhu Group buys Dalian Wanda's Australian assets for $1.13 billion
AFR, 29 Jan. 2018

Sydney developer Yuhu Group has confirmed it acquired Chinese conglomerate Dalian Wanda's Sydney and Gold Coast residential and hotel mixed-used projects for $1.13 billion, ending Wanda's presence in Australian real estate after just three years. 
http://www.afr.com/real-estate/yuhu-group-buys-dalian-wandas-australian-assets-for-113-billion-20180129-h0q8n8


Political donor Huang Xiangmo's son buys Circular Quay landmark Gold Fields House

ABC Online, 30 Jan. 2018

The Sydney-based son of Chinese political donor Huang Xiangmo has bought two major Australian properties worth $1.13 billion from one of China's largest property developers.

http://www.abc.net.au/news/2018-01-30/political-donor-huang-xiangmos-son-buys-circular-quay-landmark/9373514

 

Chinese firm's 'lucky' Australian property deal turns sour

SMH, 2 Feb. 2018

A Chinese developer, who purchased the Melbourne offices of Computershare 18 months ago for the “lucky” sum of $88,888,888, has sold the building at a loss in a rising property market.

http://www.smh.com.au/business/property/chinese-firm-s-lucky-australian-property-deal-turns-sour-20180202-p4yzal.html

 

Yuhu's Huang Xiangmo sees better returns in tourism
AFR, 2 Feb. 2018

The new owner of two of Australia's most luxurious waterfront property assets, Yuhu Group, has revealed its plans to turn them into tourism icons in order to boost Australia's economy.
http://www.afr.com/real-estate/yuhus-huang-xiangmo-sees-better-returns-in-tourism-20180201-h0scle


 

Currency & Financial

Chinese to increase investment in Australian healthcare sector

The Australian, 29 Jan. 2018

Chinese investors are expected step up their investment in the Australian healthcare sector, according to a study released today by KPMG and the University of Sydney's Business School. 

https://www.theaustralian.com.au/business/chinese-to-increase-investment-in-australian-healthcare-sector/news-story/5589a6b08bf0a0d480c6f3fd82ac5df1

 

Wanda hotels unit surges 51% on $890m Australia property deal

Financial Times, 30 Jan. 2018
Shares in Wanda Hotel Development surged as much as 51 per cent on Tuesday following a $5.4bn deal between its parent and a consortium including Tencent as well as a separate announcement that it had sealed a $890m deal for its properties in Australia. 

https://www.ft.com/content/f7f6b786-0561-11e8-9650-9c0ad2d7c5b5

 

Westpac Group set to review foreign and local property buyers
AFR, 30 Jan. 2018

Westpac Group, the nation's second largest mortgage provider, will next Monday announce new borrowing terms and conditions for local and foreign residential property buyers on partner visas.
http://www.afr.com/business/banking-and-finance/westpac-group-set-to-turn-screws-again-on-foreign-and-local-property-buyers-20180129-h0qaqe

 

Australia to tighten foreign investment rules amid China concerns

Financial Times, 1 Feb. 2018

Australia is to tighten rules on foreign investment in electricity infrastructure and agricultural land, amid concerns about growing Chinese influence in business, politics and society.

https://www.ft.com/content/308ca8d6-06f6-11e8-9650-9c0ad2d7c5b5


 

Agriculture

MLA teams with Alibaba for `True Aussie' beef, lamb blitz in China

North Queensland Register, 29 Jan. 2018

Suppliers of Australian beef and lamb promoted selected products under the “True Aussie Beef and Lamb” brand in China at the weekend, as Alibaba Group’s Tmall Fresh and Meat and Livestock Australia (MLA) partnered to give beef and lamb producers a new channel to reach Chinese shoppers. 

http://www.northqueenslandregister.com.au/story/5196188/alibabas-true-aussie-meat-promotion-blitz-in-china/

 

'Arrogant' Australia risks scaring-off foreign investors wanting farmland as new reforms favour local bidders

ABC Online, 3 Feb. 2018

Rural real estate agents are criticising a decision by the Federal Government to force them to try selling properties to Australians before offering them to overseas investors.

http://www.abc.net.au/news/rural/2018-02-03/australian-real-estate-agents-concern-foreign-investment-reform/9391394

 

Dairy farming in a volanic valley and exporting to China: Heather reports from Australia

Agriland, 4 Feb. 2018

Just two months ago Co. Down dairy farmer Heather Martin found out she would take part in the trip of a lifetime touring Australia’s top dairy herds.

http://www.agriland.ie/farming-news/dairy-farming-in-a-volanic-valley-and-exporting-to-china-heather-reports-from-australia/

 

 

Resources

The minister the money and the mine. How a rotten deal was hatched

SMH, 5 Feb. 2018

As waiters took orders for toasties and coffee at the Little Teapot Café in the sleepy coastal hamlet of Davistown, NSW, four men were discussing a deal as big as it was potentially rotten.

http://www.smh.com.au/federal-politics/political-news/the-minister-the-money-and-the-mine-how-a-rotten-deal-was-hatched-20180202-p4yzbm.html

 

 

Retail & Tourism

Chinese consumers enjoy cross-border shopping

China Plus, 18 Jan. 2018

Cross-border shopping by Chinese consumers boomed in 2017, with maternity and baby products topping choices, reported Nielsen, a leading global information and measurement company.

http://chinaplus.cri.cn/news/business/12/20180118/79610.html

 

Chinese men outspend women online, thanks to gaming and takeout food

South China Morning Post, 23 Jan. 2018

Hungry young men glued to online games have helped change a bedrock belief in Chinese society: that women spend more on shopping than men.  

http://www.scmp.com/tech/apps-gaming/article/2129549/takeaway-congee-and-honour-kings-help-chinese-men-outspend-women

 

WeChat Pay now allows users to bind overseas credit cards

Technode, 24 Jan. 2018

Tencent’s WeChat Pay, one of China’s major mobile payment services, announced today that international credit cards are now allowed on the mobile payment platform. Expats living in China and residents of Hong Kong, Macao, and Taiwan—places where WeChat is ambitiously expanding its user base—can now bind and activate WeChat Pay accounts with credit card services provided by MasterCard, Visa, and JCB.

https://technode.com/2018/01/24/wechat-pay-now-allows-users-to-bind-overseas-credit-cards/

 

Chinese consumers increasingly embrace “green” products, claims JD.com

Fresh Fruit Portal, 25 Jan. 2018

Data from leading Chinese e-commerce retailer JD.com has revealed the country’s consumers are increasingly shifting their purchases to sustainable goods and are willing to pay the premium.

https://www.freshfruitportal.com/news/2018/01/25/chinese-consumers-increasingly-embrace-green-products-claims-jd-com/

 

 

Education

Overseas students: WA faces shortfall after Labor’s cuts to migration incentives

The Australian, 31 Jan. 2018

The $30 billion international education industry has warned that Western Australia is losing large numbers of valuable overseas students to other states following last year’s decision by the incoming McGowan Labor government to slash migration incentives.

https://www.theaustralian.com.au/higher-education/overseas-students-wa-faces-shortfall-after-labors-cuts-to-migration-incentives/news-story/75771ce3364faea02d0988c680e91dce

 

China Domestic

Why is it Popular? How a Frog Could Derail Xi Jinping’s Age of Ambition

China Skinny, 29 Jan. 2018

Right now millions of young Chinese are anxiously fidgeting with their phones hoping for a very specific notification. They have spent hours fretting and preparing their ‘pet’ frog for his next jaunt across Japan and are worried sick about him. ‘Why haven’t I received a postcard yet? Has he made any friends? When will he return to me?’

https://www.chinaskinny.com/blog/tabi-kaeru-xi-jinping-age-ambition/

 

The Wild Wild East 31 January 2018

Property

Sydney, Melbourne among world's least affordable cities: US survey

AFR, 22 Jan. 2018

Sydney trails only Hong Kong as the world's most expensive city to live, and Melbourne places No. 5, the annual Demographia International Housing Affordability Survey shows.
http://www.afr.com/real-estate/sydney-melbourne-among-worlds-least-affordable-cities-us-survey-20180122-h0m7br

 

Major Australian real estate company in crisis after latest profit warning

Financial Times, 22 Jan. 2018

McGrath, one of Australia’s biggest listed real estate agents, is in crisis owing to the resignation of its chief executive and most of its directors on Monday following the latest in a series of profit warnings.

https://www.ft.com/content/b60e7639-232d-3d8e-82e3-ec4c2602e1ca

 

China's Wanda confirms sale of Australian property assets

SMH, 24 Jan. 2018

One of China's biggest property developers, Wanda, has said it has disposed of its flagship Australian property assets.

http://www.smh.com.au/business/property/chinas-wanda-confirms-sale-of-australian-property-assets-20180124-h0nkjy.html

 

Australia's foreign property buyer rules compare well globally

AFR, 25 Jan. 2018

Australia's introduction of several new taxes on foreign property investors has been partially blamed for a dive in sales but just how bad is Australia compared with other countries where investors might want to share in a piece of the action?
http://www.afr.com/real-estate/australias-foreign-property-buyer-rules-compare-well-globally-20180119-h0l0oh


HNA offloads Sydney office block to Blackstone for more than $200m

The Australian, 26 Jan. 2018

The Chinese government's crackdown on the highly acquisitive mainland companies that forged into real estate and entertainment markets worldwide has seen more than $800 million worth of assets sold this week.

https://www.theaustralian.com.au/business/property/hna-offloads-sydney-office-for-200m-to-blackstone/news-story/8deccedc28c2c0159ad1395e12c59e48

 

 

Currency & Financial

China sovereign fund, buyout firms vying for Aussie supplement brand Nature's Care: sources

Business Times, 23 Jan. 2018

[HONG KONG] An arm of China's sovereign fund is competing with buyout firms in the bidding for Nature's Care Manufacture, as the Australian supplement brand's owner makes a second attempt at a sale, people with knowledge of the matter said. 

http://www.businesstimes.com.sg/consumer/china-sovereign-fund-buyout-firms-vying-for-aussie-supplement-brand-natures-care-sources

 

Australia increases foreign direct investment inflows

Financial Standard, 24 Jan. 2018

Australia was one of few countries to see foreign direct investment inflows increase in 2017, according to the United Nations Conference on Trade and Development.

http://www.financialstandard.com.au/news/australia-increases-foreign-direct-investment-inflows-112245396

 

'This is different rich...It's crazy': the Chinese riding the spending boom

SMH, 27 Jan. 2018

There’s never been an immigrant class quite like it. And while they’re relatively few in number, the stonkingly rich Chinese who now call Australia home are driving the boom in demand for everything from Toorak mansions with tennis courts to luxury handbags, jewellery, yachts and plastic surgery.

http://www.smh.com.au/good-weekend/this-is-different-richits-crazy-the-chinese-riding-the-spending-boom-20171222-h09g75.html

 

 

Agriculture

Aussie wine exports top 800 mln liters on back of Chinese demand: report

Xinhua, 23 Jan. 2018

CANBERRA, Jan. 23 (Xinhua) -- Australian wine exports topped 800 million litres for the first time in 2017 on the back of strong demand from China, a report has revealed.

http://www.xinhuanet.com/english/2018-01/23/c_136918253.htm

 

SPC will now export IXL jam to China as it marks 100 years in business in Australia

Herald Sun, 25 Jan. 2018

AUSTRALIANS might not want more jam on their toast but SPC has found a new global buyer for its IXL jam as it works to cement its future after being in business for 100 years.

http://www.heraldsun.com.au/business/companies/spc-will-now-export-ixl-jam-to-china-as-it-marks-100-years-in-business-in-australia/news-story/2cfff9ea606484c88710ad75dcd30149

 

Australian barley draws 'insatiable' Chinese demand -exporter

Reuters, 26 Jan. 2018

PARIS, Jan 26 (Reuters) - China is soaking up almost all of Australia's barley exports due to rising livestock feed demand and the trend could continue as Beijing looks to divert corn supplies toward ethanol fuel, an Australian export firm said on Friday.

http://www.nasdaq.com/article/australian-barley-draws-insatiable-chinese-demand-exporter-20180126-00649

 

 

Resources

China's Yancoal to produce 70 mln tonnes of raw coal in 2018

Xinhua, 23 Jan. 2018

JINAN, Jan. 23 (Xinhua) -- China's Yancoal Australia Ltd (Yancoal), the largest pure-coal producer in Australia, is expected to produce at least 70 million tonnes of raw coal in 2018, an official of Yankuang Group said Tuesday.

http://www.xinhuanet.com/english/2018-01/23/c_136918996.htm

 

Australia debates value of electric vehicles while China pushes ahead

SMH, 27 Jan. 2018

When Hong Dan, 26, bought her first car six months ago, the choice to go electric was simple.

http://www.smh.com.au/world/australia-debates-value-of-electric-vehicles-while-china-pushes-ahead-20180125-p4yyws.html

 

 

Retail & Tourism

Travellers between Australia and China increased by more than 200% over the past decade: Here are the business opportunities

Smart Company, 22 Jan. 2018

New figures show Australia’s tourism sector is flying, with passenger movements to and from China driving the boom, with experts saying this presents further opportunities for Australian brands. 

https://www.smartcompany.com.au/finance/economy/tourists-to-australia-from-china-increased-more-than-200-this-decade/

 

Isobar China CEO joins IPG’s Reprise Australia

Marketing Interactive, 22 Jan. 2018

IPG Mediabrands has announced the appointment of Dr Grace Liu as the incoming CEO of Reprise, Mediabrands’ digital experience agency.

http://www.marketing-interactive.com/isobar-china-ceo-joins-ipgs-reprise-australia/

 

China's Middle Class Is Spurring The Australian Open Record-Breaking Attendance

Forbes, 22 Jan. 2018

Thousands of tennis fans have been pouring through the gates of the Melbourne Tennis Centre to watch champions of the hard court battle it out for top seed in this year’s Australian Open.

https://www.forbes.com/sites/millystilinovic/2018/01/22/chinas-middle-class-is-spurring-the-australian-open-record-breaking-attendance/#197fbde5e199

 

Jessica Rudd sells e-commerce stake to China's eCargo
AFR, 22 Jan. 2018

Jessica Rudd has been selling Australian wine, infant formula and hundreds of other products to China via her booming online business for almost three years. Now, she's selling the company.
http://www.afr.com/business/retail/jessica-rudd-sells-ecommerce-stake-to-chinas-ecargo-20180122-h0m4hj


Aussie retailers using WeChat as a channel to Chinese consumers

IT Brief, 23 Jan. 2018

China’s largest social media platform, WeChat, has gone mainstream in Australia and is creating significant opportunities for Australian businesses.  

https://itbrief.com.au/story/aussie-retailers-using-wechat-channel-chinese-consumers/

 

 

Education

Chinese swoop on foreign education assets

News.com.au, 26 Jan. 2018

The continued rise in Chinese students flocking to study in Western countries appears to be fuelling an appetite among investors for education assets.

http://www.news.com.au/finance/business/breaking-news/chinese-swoop-on-foreign-education-assets/news-story/c52fb9dc707ed6fed4107fa3de75bf54

 

 

China Domestic

Prodigal Frogs Are China’s Latest Gaming Fad

Sixth Tone, 23 Jan. 2018

A virtual green frog has hopped its way into the hearts of millions of Chinese mobile users.

http://www.sixthtone.com/news/1001592/Prodigal%20Frogs%20Are%20China’s%20Latest%20Gaming%20Fad/

 

Jack Ma dances like the 'King of Pop'

CNN, 13 Sep. 2017

From impersonating Michael Jackson to playing guitar - China's richest businessmen take to the stage to celebrate corporate successes in extravagant galas.

https://edition.cnn.com/videos/cnnmoney/2017/09/14/chinese-billionaires-take-to-the-stage-lon-orig.cnn-tech