The recent US$ 620 million purchase of Australian vitamin company Nature’s Care by Chinese investors made other firms in the industry wonder what their chances are for a similar deal. “There is a lot of room for growth in China,” says business analyst Ben Cavender to Reuters.
Category Archives: Australia
The US announcement of tariffs on steel and aluminum was supposed to be a fit shot in the US-China trade war but left many US allies behind in disarray. Former US official Harry Broadman tries to make sense out of the mess Donald Trump has created, for Forbes.
The world was once again flabbergasted by the US trade measures since it did hurt designated trade enemy China less than potential US allies again China, says leading economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®. Behind those measures are efforts to design a whole new playbook, to change global economy, he tells both Livemint and Bloomberg.
One of the major global initiatives by China was the One-Belt, One-Road (OBOR),reviving the old silk roads. And while it is an open platform, major trade partners of China are currently not part of the initiative, including Australia, the UK and the US. Major disputes, like the Ausgrid, Brexit and Hickley cases, might only add to the worries countries should have when looking at their relation with China, without being part of OBOR.
Try to solve a problem, even when that means you have to throw your ideas in the bin, tells William Bao Bean an Australian audience. When people in India or China do not have the problem you try to solve, going there does not make sense. The managing director of Chinaccelerator helps preparing for the next four billion of customers.
Managing director William Bao Bean of the leading Chinaccelerator, on tour in Australia, warns Aussie startups to stay away from China and much of Asia, he tells the Australian Financial Review. They should look for their opportunities much closer to home, he added.
After a killing domestic competition between Alibaba and Tencent, the fintech branches of both take their struggle international. Fintech analyst Matthew Brennan looks in TechNode at the strategies of Alipay and WeChat to conquer foreign markets.
Despite the election of Donald Trump, increased immigration barriers to the US and increased animosity between China and the US, the US is still the top destination for rich Chinese leaving their country, says China Rich List researcher Rupert Hoogewerf. Although the number of rich leaving their country is dropping, he tells the South China Morning Post.
China’s erstwhile “peaceful rise” has been less peaceful over the past years. Will China face a pushback from its neighbors, asks former foreign correspondent Mary Kay Magistad author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power in a wide ranging interview about his book in PRI.