Economics

By Marina Zhang

Note: This article appeared in The National Interest on July 16 2023.

By James Laurenceson

Note: This article appeared in the Australia China Business Council’s Insights Centre on July 3 2023.

By Marina Zhang

Note: This article appeared in The National Interest on June 26 2023.

By James Laurenceson

Note: This article appeared in The Sydney Morning Herald on June 22 2023.

By Marina Zhang

Note: This article appeared in the Australian Institute of International Affairs’ blog, Australian Outlook, on June 15 2023.

Foreign capital and buyers are often blamed for pushing up housing prices and reducing the supply of affordable housing in Australia. We examine this issue by assessing the impact of Chinese macroprudential policies, such as the limitation on currency transactions (LCT), on Sydney housing prices.

By Jane Golley and James Laurenceson

Note: This article appeared in the Australian Institute of International Affairs’ blog, Australian Outlook, on May 18 2023.

Perceived threats to sovereignty stemming from trade exposure to China have led to calls for the Australian government to embrace the concept of ‘trusted trade’. This involves using policy levers to drive trade towards markets that have capitals more geopolitically aligned with Canberra and finds practical expression in forms such as ‘friend-shored’ supply chains.

A few years ago, Australia was the biggest overseas supplier of wine to the People’s Republic of China (PRC). Australia's largest winemaker, Treasury Wine Estates (TWE), sold everything from the budget-conscious Rawson’s Retreat to the luxury brand Penfolds to an increasingly wine-interested PRC market that accounted for 30 percent of its profits.

By Weihuan Zhou and James Laurenceson

Note: This article appeared in The Conversation on April 18 2023.