Newsletters

China In Touch, 19 July 2017, Issue 207

Prime Minister Keating is reputed to have said that the best way to see Darwin was from 30,000 feet as you flew over it. We would beg to differ, but from a Chinese perspective this observation has a ring of unpleasant truth about it. One of the most significant problems facing Darwin from Chinese business and investment perspective is that people do not even have the chance to fly over Darwin at 30,000 feet. Getting to Darwin is a difficult process, with a transit visas required for Singapore in addition to an Australian visa.

China In Touch, 5 July 2017, Issue 206

There remains a popular idea that China is a nation of copy-cats with stores full of fake goods created with ideas stolen from others. This ill-informed concept of China is both an exercise in ignorance, but more importantly it blinds us to the vast research and development industry that underpins Chinas new economy. But it’s not just research that poses a challenge. It the new thinking that goes with the research. Three examples sum up the nature of the competition.

 

China In Touch, 21 June 2017, Issue 205

I have worked in China for more than 15 years and yet I still encounter personal misconceptions that are unceremoniously smashed. The case in point is a recent visit to the far far West of China, first to the Xinjiang regional capitol Urumqi and then to Nanjiang which is further west. I expected a desert environment, bereft of greenery. I anticipated a struggling third tier city. As my visit involved many hours of driving I braced myself for a rough ride over potholed, narrow roads in poor condition. I romantically thought I might catch a glimpse of a camel at this western bridgehead of the New Silk Road. Instead I had to be satisfied with a handful of donkey drawn carts.

China In Touch, 7 June 2017, Issue 204

Over the past few days I have delivered several conference and roundtable presentations at the One Belt One Road event in Xi'an. Amongst the  many conversations with senior officials, academics and business leaders one feature clearly emerged. The One Belt One Road  (OBOR) strategy is not some empty rhetorical slogan. The policy is much much more than an infrastructure boost. It is underpinned by the desire to more effectively deploy Chinas overseas reserves and to improve trade stability on a regional, and potentially  global basis.

China In Touch, 23 May 2017, Issue 203

Chinas One Belt One Road policy strategy was showcased by President Xi Jinping last week.  ACBC NT is participating in the national level One Belt One Road Expo in Xi'an in the first week of June  in recognition of the importance of this policy for investment into and out of the Northern Territory.  Despite the high profile media coverage of last weeks One Belt One Road Beijing conference  there remains some confusion about the policy, its aims and its impacts. Some countries, notably the United States and Australia, remain deeply suspicious of its  intentions.