China provinces rail against Beijing plan to tackle overcapacity Following the news of 6 million job cuts due to overcapacity in the China’s industries, there has been fresh criticism and concern as to who will fit the bill and re-position workers following mass redundancies. Beijing has admitted that workers will be laid off and stated …
Mina Guli running across 7 deserts in 7 weeks
Mina Guli running through the Arabian Desert in Jordan. (Photo Kelvin Trautman) Mina Guli running across 7 deserts in 7 weeks Mina Guli, former environmental lawyer, former board director at AustCham Beijing, and CEO of water conservation charity Thirst, is running for awareness. She’s currently crossing the Atacama Desert in Chile, making it the second …
Energy & Resources Talking Points 02-03-2016
Study finds China reaches peak carbon emissions China pledged to reach peak carbon emissions by the year 2030 at last years global climate change conference in Paris, however a new report has stated these claims as on the conservative side following an observable emission drop in 2015. The Grantham Research Institute on Climate Change and …
Education Talking Points 08-03-2016
China’s college exams, the Gaokao The Gaokao is China’s national standardized test taken by students in their senior year at high school, which is similar to the well-known American SAT tests. It has become very popular in China and is now considered the standard requirement for those students wishing to enter higher levels of …
Healthcare & Life Sciences Talking Points 03-04-2016
Where did the pollution come from? Coal is thought to be the main reason why big cities in the north like Beijing, Tianjin and Hebei have been severely affected by the thick smog which blankets the city’s streets and skies. China’s growth and expansion was supported by coal production which was highest in Hebai. This …
Financial Services Talking Points, 03-03-2016
Chinese manufacturing fall adds to evidence of sharp global downturn. China joins the global decline in manufacturing output with the likes of the US and Europe, large orders have slumped as the global trade market remains uncertain. An underutilized taskforce in China still remains prevalent with a looming cut of 6 million state workers planed …
China’s economic restructuring impacts ODI and FDI patterns, leading to more opportunities in high value-added sectors, finds a KPMG report
2 March 2016 China’s inward and outward investment patterns are reflective of the country’s economic restructuring. This is likely to continue to be the case in 2016 and beyond, with opportunities increasingly found in those sectors and areas whose development will contribute towards China’s transition into a high value-added economy, a KPMG report finds. KPMG’s Global …
Energy & Resources Talking Points 03-02-16
Origin Energy discusses five year deal to supply LNG to China’s ENN Energy Origin Energy is one of Australia’s top exploration and production firm’s (supplying approx. 11% of Australia’s Gas) is currently in talks to supply China’s ENN Energy with 500,000 tons of LNG from 2018/2019. This deal is said to be based on the …
Education Talking Points 01-03-2016
More effort needed from G20 Countries to Lift Australian Education While many had high hopes for Australian’s 2016 education sector, a new analysis by the Organisation for Economic Co-operation and Development raises speculation as to whether G20 countries will meet their commitment to boost their combined GDP growth by an extra 2 per cent by …
Food and Agribusiness Talking Points 29-02-2016
Chinese cotton demand up again after seven years China’s cotton consumption is predicted to begin rising, after a six year decline. The US Department of Agriculture predicted Chinese consumption to increase by 1m bales over the next year, bringing total demand to 33.0m bales. This comes as a nice change for the consumption levels, which …