Food & Agribusiness Talking Points 17-11-15

MLA responds to China’s 13th five-year plan Meat & Livestock Australia (MLA) has released an article outlining the most pertinent aspects of the 13th five-year plan for Australia’s red meat industry. MLA also discusses the implications of this plan to present potential opportunities for the industry in China. Click here to read the full article. …

Financial Service Talking Points 16-11-15

SAFE announces reform measures for 2015 Q3 China’s State Administration of Foreign Exchange announced a pilot program for MNCs handling of foreign exchange funds will be extended nationwide. The new rules for the management of foreign exchange and debt found that included companies’ costs of funds dropped and they used funds more efficiently. Click here …

Education Talking Points 12-11-2015

TAFE Directors call to freeze payments to risky private training colleges TAFE Directors in Australia have released a statement calling for a halt to funding of high-risk private training colleges, to prevent taxpayers and students from continuing to fund ‘unscrupulous training providers’. Read the full media release here. Quality Assurance Framework for International Education Agents …

Post Event Update : Breakfast with The Hon Barnaby Joyce MP, Australia’s Minister for Agriculture and Water Resources

On 12th November AustCham Beijing hosted the Hon. Barnaby Joyce, Minister for Agriculture and Water Resources at a breakfast with representatives from agricultural and water resource industries based in both Australia and China. Minister Joyce spoke about Australia as a quality supplier of quality goods to China. Emphasising the strong, mutually beneficial trade links between …

Energy & Resources Talking Points 11-11-15

New restrictions on commodities futures trading The Chinese government is tightening control on commodities futures trading. Chinese commodities exchanges have seen rapid growth in recent years for two reasons. Firstly, investors are confident of the long-term demand for natural resources. Secondly and more recently, the Chinese government has implemented new restrictions on stock market trading …

Food & Agribusiness Talking Points 10-11-2015

  China’s new Two-Child Policy All couples in China are now allowed to have two children according to a statement released by Xinhua, a state-run news agency. However, it remains unclear as to whether many couples will choose to have two children despite the policy change. In 2013 Leslie T. Chang, author of Factory Girls, …

Financial Services Talking Points 09-11-15

China’s October trade data was the same, worse and sort of better than expected. NAB reports that China’s overall trade surplus of $61.6bn was in line with expectations, however export and import growth rates worsened. Exports were worse than expected, down almost 7% y/y, compared to the predicted -3.7%. On the bright side, imports were …

Post Event Update: AustCham Beijing 2015 Education Forum

AustCham’s General Manager Nick Coyle, opened the 2015 Education Forum with greetings and brief remarks before introducing our first speaker, Katherine Vickers, Minister Counsellor, Education & Research at the Australian Embassy in Beijing. Katherine gave an overview of the Education & Research group at the Australian Embassy and the work that they do around China. …