JUST as the story of the world in the past two decades has been the rise of China, I believe Australia's story over the coming decades will be profoundly shaped by our relationship with this still-rising giant. read more
ACBW Feature Articles
Victoria set to lead the way in China links
Thursday, August 18, 2011
Victoria needs to have a more global focus for a rapidly changing global economy. This means equipping our economy and our people with a high level of Asian literacy, strong intercultural competence, leveraging the deep linkages between our people, targeting and welcoming foreign direct investment. It also means addressing our weaknesses, including Victoria's poor productivity performance. read more
BHP chairman confident Australia can pull through global turmoil
Thursday, August 18, 2011
BHP Billiton chairman Jac Nasser is confident of Australia's economic strength in the face of global financial turmoil and the long-term China story, but warns the country not to be complacent about its advantages. read more
China boom to continue
Thursday, August 18, 2011
CHINA'S appetite for Australian commodities will last at least another decade despite the recent Communist Party move to slow economic growth to avoid inflation.
The reassurance came yesterday from China's envoy to Melbourne, who noted that Australia avoided recession after the global financial crisis because of China's demand for Australian commodities.
''With the United States and Europe's continuing weakness, the performance of China's economy has attracted global attention,'' said Weiqiang Shi, consul-general of the People's Republic of China.
''Australia is even more concerned about China's economic growth as it has a big stake in China's prosperity. China is still deeply engaged in the process of urbanisation and industrialisation [and] I wish to reassure Australians here that China's demand for commodities will continue to grow for the next decade at least.''
Speaking at the Australia-China Business Week in Melbourne, Mr Shi said China's latest five-year plan introduced an economic growth target of 7 per cent. The economy grew by 9.6 per cent in the first half of this year, compared with the same period last year. Annual economic growth was running at 12 per cent in early 2010.
read moreIt's what foreign banks are doing outside China that matters
Tuesday, June 28, 2011
Recently there seems to have been an increased focus on the presence of foreign banks in China and their domestic China businesses. There was an article in the WSJ last week that mentioned the number 86% which represents the increase in foreign banks' lending in China in 2010. A webinar from Celent talks about how JVs/partnerships are still the way to go in China for foreign banks.... read more
Hong Kong chief pitches low-tax benefits
Tuesday, June 28, 2011
The head of the Hong Kong Government wants WA mining and resources companies planning to list on Hong Kong's stock exchange to be the catalyst for others to follow. read more
Organic food: A growing business for the health-aware
Tuesday, June 28, 2011
BEIJING - Xu Lei, a 33-year-old stay-at-home mother, decided to go organic by planting her own fruit and vegetables inside her apartment in downtown Beijing. She is now able to harvest a variety of produce, including tomatoes, beans, cucumbers, pumpkins and potatoes. read more
China, Russia Vow to Quadruple Trade This Decade
Tuesday, June 21, 2011
A $1 trillion gas deal of the century was to be signed Friday in St. Petersburg, Russia.
Chinese President Hu Jintao, on a visit this day to St. Petersburg said that China and Russia set a goal of increasing trade fourfold during this decade. read more
For success made in China, do the basics well and set realistic expectations
Tuesday, June 21, 2011
Proper preparation and planning, the saying goes, prevents poor performance.
Australian experts urge say the old maxim applies to China and urge business to do the basics well before considering any venture there.
read more
Private jets to soar to greater heights in China
Tuesday, June 21, 2011
SINGAPORE - Economic powerhouse China is expected to have the most number of private jets in Asia within the next five years. But experts say the biggest winner will be the supporting industries such as aircraft chartering and maintenance units that will see new growth opportunities. read more
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