Asian Business Futurist
I hope you’ve had a good break over the holiday period and, assuming that you’re now back into work mode, I’m sure you’re ready for me to resume China Bites in 2021. I will be keeping at least one eye on China while the rest of the world is transfixed by the daily news and gossip from Washington as we...
Australia enjoys a reputation for high-quality FMCG products as a result of our “clean and green” environment, our high regulatory standards and a strong commitment to quality control. However, it’s clear from recent research that “clean and green” is no longer a competitive advantage in China, and in fact it’s become a baseline requirement for any product manufacturer or brand...
By all accounts, without gaining much media attention, large amounts of money are flowing into China and Hong Kong right now, particularly from large institutional investors in the US and Europe. I’ve heard this from friends in Hong Kong who are finding it hard to make sense of the contrast between the negative media reports they read over their breakfast...
How is China’s economy recovering post-Covid? For a start, they have introduced a nationwide scheme to conduct regular Covid-19 tests on all of its citizens, particularly workers returning to their offices and factories, and is rapidly improving both the availability and affordability of test kits. After a massive testing blitz, costing nearly $US127 million and involving 10.9 million people being...
Australian Businesses increasingly concerned about stoush with China. Australians with business interests in Hong Kong and mainland China fear they could be caught in the middle of the stand-off between Beijing and Canberra. The Sino-Australian relationship has worsened dramatically since April, when Australia called for an independent international inquiry into the outbreak of COVID-19. The tit-for-tat between the two countries continued this week after...
The Chinese Ministry of Commerce (MOFCOM) will investigate complaints Australian wines are being subsidised and sold into mainland China below cost. Federal trade minister Simon Birmingham said the allegations are “deeply troubling and quite perplexing”. Anti-dumping enquiries aren’t unusual, Australia has launched 170 of them against China since 2012, mainly in relation to China dumping steel and building products here....
Australia needs a plan to recover from the current economic crisis. ACSME believes that our largest trading partner, China, offers enormous potential for the import, export and commercialisation of Australian products, services and capabilities in the world’s fastest growing economy. China has the MONEY and the MARKET China has the MONEY: Foreign exchange reserves stand at US$3.399 trillion, almost three...
Being a few months ahead of us throughout this COVID period, China is a good source of clues, indicators and pointers that, in theory, should help us all plan our way out. This is taxing politicians in Australia and around the world who have recognised that, arguably, the way down the mountain is harder than the way up. We didn’t...
