Australia

Australia Is Set to Blocks CK Group’s USD9.5 Billion Bid for Gas Pipeline Owner

Australia Is Set to Blocks CK Group’s USD9.5 Billion Bid for Gas Pipeline Owner

Australia’s treasury department looks ready to block CK Group’s bid to buy APA Group, the country’s largest natural gas infrastructure…

Nov 8, 2018
Xu Wei
China’s By-Health Partners Australian Biotech Company on Bone, Joint Care

China’s By-Health Partners Australian Biotech Company on Bone, Joint Care

Chinese medical firm By-Health will join hands with Australian biotech company Bioiberica to develop new products for bone and joint…

Oct 25, 2018
Tang Shihua
Chinese Yuan Retains Position as Fifth Most-Used Payment Currency in September

Chinese Yuan Retains Position as Fifth Most-Used Payment Currency in September

The Chinese yuan remained among the top five most-used payment currencies globally in September, taking up 1.9 percent of institutional…

Oct 23, 2018
Zhou Ailin
Australia’s Lyon Group Buys USD250 Million of Chinese Solar Equipment

Australia’s Lyon Group Buys USD250 Million of Chinese Solar Equipment

Lyon Infrastructure Investments 1, a unit under Australian private power firm Lyon Group, has penned a USD250 million deal to…

Sep 17, 2018
Tang Shihua
Australian Truckmaker MaxiTrans Sells Lossmaking Chinese Unit for Just USD6.2 Million

Australian Truckmaker MaxiTrans Sells Lossmaking Chinese Unit for Just USD6.2 Million

Australian Truckmaker MaxiTrans Sells Lossmaking Chinese Unit for Just USD6.2 Million. Australia’s biggest truck and trailer manufacturer MaxiTrans Industries is…

Sep 7, 2018
Tang Shihua
Huawei Is Prepared to Take Australian Government to Court Over 5G Ban

Huawei Is Prepared to Take Australian Government to Court Over 5G Ban

Huawei Technologies, the world’s largest telecoms equipment maker, is willing to defend itself in court if it needs to, after…

Aug 24, 2018
Chen Juan & Liu Jing
Chinese Explosives Maker Pulls Trigger on Australian Constructor Takeover

Chinese Explosives Maker Pulls Trigger on Australian Constructor Takeover

One of China’s leading manufacturers of civil explosive equipment will acquire an Australian firm as part of efforts to gain a foothold in the international mine-blasting sector.

Aug 10, 2018
Tang Shihua
Tasly to Invest in Australian Stem Cell R&D Firm, Bring New Drugs to China

Tasly to Invest in Australian Stem Cell R&D Firm, Bring New Drugs to China

Tasly Pharmaceutical Group will invest USD20 million in Mesoblast, an Australian stem cell technology research and development company, and introduce…

Jul 18, 2018
Tang Shihua
Future Is Bright for China, Ex-Australian Ambassador Says

Future Is Bright for China, Ex-Australian Ambassador Says

Future Is Bright for China, Ex-Australian Ambassador Says

Jul 17, 2018
Xu Wei
Ofo to Exit Australia, a Non-Priority Market

Ofo to Exit Australia, a Non-Priority Market

 One of China's two biggest dockless bike operators will wind up its Australia operations since the country was not included in a recent list of priority overseas markets.

Jul 13, 2018
Qiu Zhili
Chinese Cabinet Maker Eyes Australian Market With USD5 Million Investment

Chinese Cabinet Maker Eyes Australian Market With USD5 Million Investment

Major Chinese cabinet maker ZBOM will acquire a 47 percent stake in established kitchen furniture maker IJF Australia for AUD6.7 million (USD5 million) as part of efforts to expand overseas.

Jul 13, 2018
Tang Shihua
Australia’s Free Trade Pact With China Proves Beneficial, Minister Says

Australia’s Free Trade Pact With China Proves Beneficial, Minister Says

Australia's and China’s free trade agreement is showing its advantages, said Steven Ciobo, Australia's minister for trade, tourism and investment.

Jun 29, 2018
Xu Wei