Economics

The NSW-China economic relationship in 2018

December

1. Over the past year the value of NSW goods exports to China is $8.1 billion. This is a record high.  China accounts for 17.4 percent of NSW total goods exports, and is:[1]

- 0.7 times that to Japan;

- 2.1 times that to Korea; and

- 3.0 times that to the US.

Australia put in limbo by US-China trade dispute

December

By James Laurenceson

Note: This article apppeared in the International Peace Institute's blog, Global Observatory, on June 8 2018.

China-Australia Free Trade Agreement: Future opportunities

December

The Australia-China Relations Institute (ACRI) at the University of Technology Sydney (UTS) welcomes Trade Minister Steven Ciobo MP to deliver an address in the Theatre, Parliament House, Canberra.

In 2015, the China-Australia Free Trade Agreement (ChAFTA) was described as a state-of-the-art FTA. Beneficiaries included banks, insurers, securities companies, law firms, professional services suppliers and education services exporters, as well as health and aged care. 


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December
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Donald Trump's trade war against China a case of sour grapes

December

By James Laurenceson

Note: This article appeared in The Australian Financial Review on March 23 2018.

China's Emissions Trading Scheme: What it means for Australia

December

1. On December 19 2017 China took the first step towards launching a nation-wide carbon emissions trading scheme (ETS).[1] It has been testing emissions trading since 2013 with  seven pilot schemes in five cities (Beijing, Chongqing, Tianjin, Shanghai and Shenzen) and two provinces (Guangdong and Hubei).

The Victoria-China economic relationship

December

1. Victoria’s goods exports are worth $24.7 billion, of which $5.4 billion is to China.[1] This is:

- 1.8 times that to the US;

- 2.6 times that to New Zealand; and

- 3.5 times that to Japan.

2. The value of Victoria’s goods exports to China increased by $1.8 billion in the past five years.[2] This is:

- 1.2 times that to the US, and

- 12.6 times that to New Zealand.

ACRI address: Governor of the Reserve Bank of Australia, Philip Lowe

December

The Australia-China Relations Institute (ACRI) and the University of Technology Sydney (UTS) welcomed the Governor of the Reserve Bank of Australia, Philip Lowe, to deliver an address in the Great Hall, UTS. Mr Lowe spoke on the bank’s assessment of China’s economic performance and financial system, and the implications for Australia.

Following his address, Mr Lowe was interviewed by Professor Bob Carr, ACRI Director.

Time: 6:00 pm - 7:30 pm


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December
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The prospect for an Australian-Asian power grid: A critical appraisal

December

Australia is an energy net self-sufficient country rich in energy resources, from fossil-based to renewable energy. Australia, a huge continent with low population density, has witnessed impressive reduction in energy consumption in various sectors of activity in recent years. Currently, coal and natural gas are two of Australia’s major export earners, yet its abundant renewable energy resources such as solar, wind, and tidal are still underutilised.

30th Annual Conference of the Chinese Economics Society Australia (CESA)

December

CALL FOR PAPERS

The Australia-China Relations Institute (ACRI) at the University of Technology Sydney, with support from the Australian National University's China Update, will host the 30th Annual Conference of the Chinese Economics Society Australia (CESA) in 2018.

The theme of the conference is 'China’s economy in Xi Jinping’s "New Era"’. 

Dates: July 15-17 2018


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December
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Unintended consequences of China’s coal capacity cut policy

December

In early 2016, China introduced additional capacity cut policies to rebalance supply in the coal market to match demand that had been reduced by slow economic growth and strict environmental regulation. Ensuing disruptions to the coal market caused these policies to be revised and, subsequently, discarded as decision makers tried to find a balance between efficient supply, economic and social stability and environmental sustainability. This paper explores the causes of these unintended consequences using an extended version of the KEM-China model.