29-01-16 Infant formula restrictions introduced It is predicted that up to 80% of current infant formula brands may disappear from the Chinese market. China has introduced restrictions on the manufacturers of infant formula limiting sales to just three brands per a manufacturer. The restricts which are expected to be implemented soon are appear to be …
Financial Services Talking Points 28-01-2016
Slater & Gordon shares plunge Slater & Gordon shares slid by as much as 17 per cent as the company appears to have missed its self-imposed deadline to update investors about closely watched cashflows. Slater & Gordon said that the process of reviewing its approach to financial forecasting was also proceeding as planned under its …
Member News: Hatchery Soft Launch Promotion
Hatchery – Beijing’s first restaurant incubator – is opening its doors and we welcome you to celebrate with us by enjoying some killer promotions! Limited dinner reservations are now open for Hatchery’s first concept, Mighty Mo’s – book now and don’t miss out. Mighty Mo’s Story The saltiest of seadogs who travelled the South Pacific …
Energy & Resources Talking Points 27-01-2016
China’s dependency on foreign oil increases China’s dependency on foreign oil imports has exceeded 60%, as consumption rose 4.4% last year. The rate will further increase in 2016 as vehicle ownership becomes more common, urbanisation advances and the state continues boosting oil reserves. However, as the economy has slowed, energy consumption is slowing. 2015 energy …
Education Talking Points 26-01-2016
Students demand loans written off More than 7500 Americans have applied to have student loans worth some $164 million written off in the past six months, using an obscure section of federal law which was recently rediscovered by student activists. In recent years, spiraling education costs have caused momentum in an anti-college revolt in …
Food & Agribusiness Talking Points 25-01-2016
Chinese cotton imports fall China’s cotton imports fell by 29 per cent this year, causing concerns that the Chinese government is trying to reduce its cotton stockpiles. That left the calendar year of 2015 at 1.48 million tonnes, and cotton merchant Plexus said imports could drop as low as 1 million tonnes for the year …
Healthcare and Life Sciences Talking Points 22-01-2016
22-01-16 Healthcare a lucrative emerging market Australian healthcare operators are scrambling to take advantage of a lucrative emerging market as China opens up the sector to foreign investment. Stephen MacMahon, principal director of Austcham member The George Institute, identifies the opportunities available in the Chinese healthcare market. With a growing rate of chronic disease, China …
Extension for foreign investors to register agricultural land with the ATO
As of 1 December 2015 all foreign owned agricultural land (including leases) held on or after 1 July 2015 and before 1 February 2016 must be registered with the ATO on the Agricultural Land Register. The timeframe to do this has now been extended to 29 February 2016. The ATO’s Acting Deputy Commissioner, International, Lyndall …
Financial Services Talking Points 21-01-2016
Shanghai Index falls after IPO announcements Shanghai stocks fell yesterday after the securities regulator announced a new batch of initial public offerings. The China Securities Regulatory Commission said after the market closed on Tuesday that it had approved seven companies to sell new shares under new listing rules that took effect on January 1. Under …
Member News: Hays Salary Guide reveals China’s salary increases are the most generous in Asia
Hays Salary Guide reveals China’s salary increases are the most generous in Asia Most employers (44 per cent) in China plan salary increases of six to ten per cent this year Salary and benefits push Chinese employees to seek jobs ,but work-life balance is the top reason to stay with a current employer China leads …