China remained the largest spot buyer and clearing market for met coal, accounting for 75% of the global spot volume of 33.1 million MT, in H1 2015. China’s share of the global premium coal spot trade volume slipped to 62% in H1 2015, compared with 82% in the same period last year. Additionally, Australia exported 14.9 million MT of met coal to Europe and South America in H1 2015, up 18% from the same period a year ago.
Energy Talking Points 23-09-2015
Date: Wednesday, 23rd September 2015 China still top global spot metallurgical coal buyer (English) Source: platts.com, 15 September 2015 China remained the largest spot buyer and clearing market for met coal, accounting for 75% of the global spot volume of 33.1 million MT, in H1 2015. China’s share of the global premium coal spot trade …
Food & Agribusiness Talking Points 22-09-2015
Date: Tuesday, 22nd September 2015 In Focus: Lamb Market Update (English) Source: NAB, 15 September 2015 Lamb prices follow a generally seasonal pattern, rising early in the year before declining in spring, as the spring lamb supply becomes available. While we still expect that prices will drop off as supply comes online in the spring, …
Post Event Update: The Great Aussie Barbie 2015
On behalf of AustCham Beijing we would like to thank all our sponsors, vendors, raffle prize sponsors, guests and the Australian Ambassador, H.E. Ms Frances Adamson, for supporting The Great Aussie Barbie 2015! The day was a hit and in all honestly we could not have asked for it to have gone any better. The weather was absolutely amazing, the venue was immaculate and the food was delicious.
Financial Services Talking Points 21-09-2015
Date: Monday, 21th September 2015 Does Australia need an institutional debt market? (English) Source: ANZ, 16 September 2015 Since the GFC, the infrastructure debt market in Australia has been overwhelmingly led by the big four banks raising capital from China and Japan. At present, US debt capital market is getting more involved in it, …
Education Talking Points 17-09-2015
Date: Thursday, 17th September 2015 Vocational education, the biggest get-rich quick scheme in Australia (English) Source: smh.com.au, 17 September 2015 Vocational education is Australia’s fastest growing industry by far, with every cent of the money promised coming from the taxpayer. Last year, the system cost the Commonwealth $1.3 billion in subsidies, rising so fast …
Energy Talking Points 16-09-2015
Date: Wednesday, 16 September 2015 Low oil prices tipped to hurt Australia’s GDP (English) Source: AAP, 14 September 2015 Weaker oil prices are expected to be a double-edged sword for Australia by weakening overall economic growth but providing a boost to household spending. A CBA analyst believes the lower price will shave 0.5% from the …
Food & Agribusiness Talking Points 15-09-2015
Date: Tuesday, 15th September 2015 ChAFTA delay set to cost Australia’s dairy industry $20m (English) Source: theage.com.au, 03 September 2015 Australia’s dairy industry is set to lose at least $20 million in expected tariff cuts if the FTA with China is not implemented before Christmas, according to Australian Dairy Farmers president Noel Campbell. Additionally he …
Education Talking Points 10-09-15
Date: Thursday, 10th September 2015 PDF version Chinese ambassador Ma Chao-Xu’s highlights education benefits of ChAFTA (Chinese) Source: Ministry of foreign affairs, 3rd September 2015 In a recent speech Chinese Ambassador Ma Chao-Xu has highlighted his intent to enhance education cooperation in the bilateral relationship, post the finalisation of the FTA. The relationship is currently …
Food & Agribusiness Talking Points 09-09-2015
Date: Wednesday, 09 September 2015 Launch of Chinese Fund for Latin America Cooperation (English) Source: MoA, 2nd September 2015 In an effort to support industrial cooperation with Latin America, the Chinese central bank has recently established a fund of USD $10 bn with the aim of financing major medium to long term projects in …