In today’s Talking Points: Chinese money is shaking things up in Silicon Valley; Manufacturing productivity in China is higher than regional competitors; a UBS Group report examines the recapitalisation of China’s banking system; and Alibaba posts uniquely strong sales growth for the quarter. Chinese Money Creating Opportunity and Challenges in Silicon Valley According to the Rhodium …
Building Professional Communities That Excel: Productivity
On Monday 22 August AustCham Beijing, BenCham and EventBank hosted the ‘Building Professional Communities that Excel’ event at the AustCham Events Space. A full room came to listen to two presentations on productivity, leadership and the different tools that organizations can used to save time, money and frustration. First Managing director of Canada China Business …
Financial Services Talking Points | 02-08-2016
In today’s Talking Points: AMP’s China Growth Fund has been wound up due to dissatisfaction of major stakeholder LIM Advisors and other investors at poor performance; unclear data on China’s manufacturing sector reveals difference in weighting of indices; British and Chinese regulators cooperate to pave the road for closer financial services ties; and global equity traders …
Financial Services Talking Points | 19-07-2016
In today’s Talking Points: China’s central authorities take new measures to improve financing and investment structures; the New Development Bank issues 3 billion yuan worth of green bonds, with more to come; Yu Xuejun at China Banking Regulatory Commission says that the shifting money supply is behind the slowdown in private investment growth; Alibaba moves to increase …
Financial Services Talking Points | 08-07-2016
In today’s Talking Points: Foreign and joint-venture enterprises now able to register as private securities firms with the Asset Management Association of China opening up investment in Chinese stock markets; Shenzhen Stock Exchange overtakes Shanghai; dramatic increase in fraudulent transactions in Australia; Chinese stocks slide as investors fear further weakening of the yuan and instability in Europe. …
Financial Services Talking Points | 01-07-2016
In today’s talking points, China’s sovereign wealth fund appoints vice mayor of Shanghai as new General Manager; the State Council announces pilot program for Chinese bank subsidiaries to invest in startups; regulators to clarify new rules for foreign hedge fund managers in China; and Chinese millennials drive consumer demand and direction. Shanghai vice mayor to …
Financial Services Talking Points 23-06-16
In today’s Talking Points: Yuan conversion pilot program set to expand; Trade with Belt and Road nations passed $1 trillion in 2015; What slowdown? China still top investment location; and, Chinese State Grid makes $3 billion deal with Singapore Power Yuan conversion pilot program set to expand China’s State Administration of Foreign Exchange has made a …
Financial Services Talking Points 26-05-2016
Australia missing out on China’s record buying spree Chinese investment in Australia has dropped off, plunging almost 70 per cent in the past year even as the country’s broader international acquisition spree reached record levels. Figures compiled by Credit Suisse show China has only acquired $US2.5 billion ($3.5bn) of Australian assets so far this year, down …
Financial Services Talking Points 18-05-16
Incubator for China-New Zealand High-Tech Innovation Launches The cities of Guangzhou, China and Auckland, New Zealand have launched a project to encourage high-tech start-up collaboration between the two nations. This cooperative project will see InnHub innovation incubator, which is currently based in Guangzhou, invest up to NZ$20 million into Auckland, helping the city’s GridAKL support …
Financial Services Talking Points 06-05-2016
Small businesses welcome cuts to company tax rates The recently released Australian budget includes cuts to company tax and an inclusion of businesses with an annual turnover of under 10 million dollars in the definition of “small businesses”. NAB Business’ Executive General Manager, Cindy Batchelor, believes that as 97% of Australian businesses are considered small …