Insight | 11/11 Singles Day Sales

The Importance of 11/11 The world’s largest shopping event has amassed total sales of nearly USD $70 billion in gross merchandise value (GMV) across China’s two largest e-commerce platforms, Alibaba and JD.com. The 24-hour event is known as the Double 11 shopping festival as it falls on the 11th of November, China’s annual ‘Singles Day’. …

Draft Foreign Investment Law Submission

With the releasing of the Draft Foreign Investment Law of the People’s Republic of China, AustCham China has been invited to prepare a submission on behalf of our members. We would encourage members who wish to participate to get in contact with our Industry & Advocacy Associate, Kathy Lin, at kathy.lin@austcham.org with any input. The …

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TALKING POINTS | HEALTHCARE 16/10/2019

In today’s talking points, the 2018 boom in healthcare investment was aided by three key deals, and a cancer treatment accelerator approved in Wuwei signals a breakthrough in cancer research. In other news, Chemist Warehouse has experienced continued growth in the Chinese market and has made new plans to expand their sales platform, and Chinese …

TALKING POINTS | ENERGY 28/08/2019

  In today’s talking points, we consider the potential success of renewable energy across hundreds of Chinese cities.   China’s growth in the renewable energy sector is driving down prices Over the last few years, China’s reliance on the coal industry has sparked huge research and investment into new renewable energy resources such as solar, …

Talking Points | Financial Services

In today’s talking points, we consider the implications of the lowered Chinese lending rate on the greater Australian economy. The reforms, originally intended to lower corporate borrowing costs, has increased speculation that Beijing will continue to drive lower borrowing costs to maintain current economic activity levels. Economists believe that this minimal reduction in lending rates …

MEMBER NEWS | Significant changes to security of payment regime in Singapore

Written by Out-Law, Pinsent Masons Significant changes to the security of payment regime in Singapore are due to come into force in the near future. The changes contained in the Building and Construction Industry Security of Payment Amendment Bill 2018 are the most extensive changes to the Security of Payment Act (SOP Act) since it became …

MEMBER NEWS | The rise of unsolicited proposals for infrastructure projects in Asia

Written by Out-Law, Pinsent Masons There has been a significant increase in the number of unsolicited proposals (USPs) for greenfield and brownfield public-private partnership (PPP) infrastructure projects in Asia over the past two years. Unlike solicited proposals where a government entity launches a formal public tender, in the case of an unsolicited proposal, it is the …

MEMBER NEWS | Philippines and ADB sign loan for Malolos-Clark railway project

Written by Out-Law, Pinsent Masons The Asian Development Bank (ADB) and the Philippine government have signed an agreement which will see $1.3 billion provided to help finance the Malolos-Clark railway project. The ADB is co-financier of the project and has agreed to provide a total $2.75bn loan facility to support construction. According to the ADB statement, …

MEMBER NEWS | Monash University Global Executive MBA

The Monash Global Executive MBA is an intensive 15-month program for experienced managers, featuring international residential modules and a series of weekend modules. The program is designed for managers and executives with significant experience in wide range of sectors and professions who are seeking to position themselves for more senior roles and more extensive responsibilities.  In …

MEMBER NEWS | China’s 2019 Negative Lists and Encouraged Catalogue for Foreign Investment

Written by: Zoey Ye Zhang, Asia Briefing, Dezan Shira & Associates The 2019 editions of China’s National and FTZ Negative Lists and FI Encouraged Catalogue are important supplements to the upcoming Foreign Investment Law. China Briefing explains the new changes and identifies the industries where China restricts or encourages foreign investments. On June 30, 2019, …