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Last week I provided investment analysis and outlook conference presentations in Hong Kong and Singapore for a international financial market company based out of Singapore but headquartered in Canada. Back in my Singapore office I work with staff from Singapore, mainland China, Malaysia, Indonesia, the Philippines and India. Sunday I returned to Australia and found much of what I had taken for granted in the previous week is no longer possible in Australia due to 457 and other visa process changes.
Issue 72 of the Banyue newsletter features photos from Chinese Premier Li Keqiang's keynote address at the Australia-China Business Forum. The Forum, organised by the Australia China Business Council (ACBC) in collaboration with the China Council for the Promotion of International Trade (CCPIT), brought together Australian and Chinese representatives from the highest levels of government and business to discuss trade, investment and broader economic cooperation.
The Forum’s theme was 'Innovation: New Pathways to Cooperation'. It included business panel sessions involving the Chinese and Australian sides.
The second March issue also includes upcoming events, recent highlights, Australia-China news and more.
One of the themes of the Premiers Li's speech at the Australia China Trade Economic Co-operation forum in Sydney was the recognition of the co-existence of two civilizations. He said that multi-lateralism and diverse civilization is good for peace and stability. It was a message well received by the audience and the panel of top business leaders. In the broader Australian media it was a different and less supportive response. Why are Westerners always scolding China? It’s a question my Chinese colleagues have been asking more frequently in recent weeks. It was a question I was asked by Chinese media reporters who were covering the Premiers visit.
Issue 71 of the Banyue newsletter features a write up from the first roundtable held as part of ACBC Victoria's SME Briefing Series. Mr Peter Stephens, finance executive with over 20 years of China experience, discussed the key considerations for SMEs thinking about entering the China market.
Topics covered by Peter included considering why do you want to go to China, pre-planning and due diligence, what to look out for, how to set up a presence in China, other considerations, as well as where businesses can go to for help.
The second March issue also includes a write up from our International Women's Day Forum and High Tea, held at the Park Hyatt for over 380 guests.
See also for upcoming events, news and supported initiatives.
Recently I spoke with an eager potential business exporter to China. He exhibited all the signs of the China Syndrome. This is a dangerous infection that often leads to financial ruin. The China syndrome is a collection of untested beliefs about China and the business opportunities offered.Here are five of the symptoms.