Summerfruit Australia Ltd has announced it looks forward to progressing with stone fruit export negotiations as Biosecurity Australia's next priority for entering the Chinese market, the industry website Freshfruitportal.com said. read more
ACBW Feature Articles
Mongolian pact called 'milestone'
BEIJING - China and Mongolia established a strategic partnership on Thursday and vowed to cooperate more in Mongolia's exploitation of mineral resources. read more
China's Huawei appoints Australia Board directors
John Brumby, Alexander Downer and John Lord have been announced as independent Directors to sit on Huawei Australia’s newly established Board of Directors. The Board will be charged with overseeing Huawei’s local strategy and developing further inroads into the Australian market. read more
Chinese tourists are biggest spenders in Australia
Tourists from China are the biggest spenders in Australia, and they are likely to spend more in future, the Tourism Research Australia (TRA) report said on Thursday. read more
Aussie call to mine other areas
Chinese investments to Australia should be more diversified and spread across various sectors, not just in its mining, Tim Harcourt, chief economist at Australia Trade Commission, said yesterday in Shanghai. read more
Foreign investment up by 15% in April
FOREIGN direct investment in China increased 15.21 percent from a year earlier to US$8.46 billion in April, the Ministry of Commerce said yesterday. read more
HK inflation races to high 4.6%
HONG Kong's inflation accelerated to a 32-month high of 4.6 percent in April from a year earlier, driven by higher food and housing rental costs. read more
Yuan fund is 2nd set-up within 1 week
MORGAN Stanley yesterday launched its first yuan-denominated fund in Hangzhou, east China's Zhejiang Province, as it seeks to invest in Chinese companies that are restructuring and facing challenges to integrate in the market. read more
Shanghai to allow residents to make overseas investment
Shanghai is expected to allow residents to make direct overseas investments in the first half of the year, according to Xu Quan, deputy director of the Shanghai Financial Services Office. Media reports suggested that the policy could also cover overseas real estate investment; in that case, it could also lead Chinese funds to invest in Taiwan's real estate sector. read more
Emergence of China's economy boosts commodity price outlook
Demands arising from China's growing economy will continue pushing commodity prices higher, while central banks' buying has fueled rising gold prices, experts said at a forum in Shanghai on May 21. read more
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