Smart Company reports that more than 40% of Australian SMEs exporting to or importing from China plan to settle transactions in Chinese yuan (also called renminbi) over the next year, a HSBC survey published yesterday shows. Read the fill article here http://www.smartcompany.com.au/financial-services-and-insurance/054901-australian-smes-ahead-of-the-curve-moving-to-pricing-in-the-chinese-yuan-for-export-and-import.html?utm_source=SmartCompany&utm_campaign=c676d5d4a8-Wednesday_3_April_201303_04_2013&utm_medium=email

The 21st century is predicted to be Asia’s century. As the leading economic power in Asia, China has become a popular business partner for many countries notably Australia. With increasing business interactions between Australia and China, many Australian companies have established branches in China. But are Australian companies ready...

The yuan strengthened beyond 6.21 per US dollar for the first time in 19 years yesterday after the People’s Bank of China raised the currency’s reference rate and as investors reassured by a bailout deal for Cyprus returned to emerging-market assets. The central bank’s fixing of the yuan at...

AUSTRALIA’S resources industry has a fetish for cutting at the moment: cutting workers, costs, offices and cutting investment. But for all the crying poor, the industry – including gas, oil, coal and iron ore – could deliver more than 130,000 jobs across the country by 2025. Up to 40,000...

After the government’s traumas, stepping back onto the international stage will be an attractive proposition for the Prime Minister before she has to face the rigours of battling with the states over education funding at the Council of Australian Governments meeting on April 19 and then the test of...

Asia came to currency early, and it soon learnt to treat coinage as a weapon of war. Indeed, the coins minted in China during the warring states era, almost 500 years before Christ, were made in the shape of knives. This may explain why the west tends to be...

Australia to continue as commercial property investment hotspot in 2013: Jones Lang LaSalle Nearly half (45%) all real estate investment into the Asia Pacific region is flowing into Australian commercial property markets. This is double the next biggest markets of Japan (19% of investment) and China (18), according to...

Less than two months after buying debt-laden cotton farm Cubbie Station, the farm’s new Chinese and Japanese owners are exploring interest in selling water back to the federal government, according to The Australian Financial Review. The $232 million deal sparked much debate about foreign investment in Australia’s agriculture sector, in...

An official delegation of Australian film producers, bureaucrats and film service company representatives are heading to China for the third round of formal meetings in four years. The Australia-China Film Industry Forum will be held to coincide with the Shanghai International Film Festival, which runs June 15 to 23...

Out of administration Cubbie Station is  set to bale 200,000 bales or 45,000 metric tonnes of  cotton in its first harvest under Chinese ownership .Considering 75% of Aust cotton goes to China so a win/win and no national interest issues and a clear example of Chinese Foreign Direct Investment...