ACRI Facts

PRC migration to Australia - statistics and trends

December

What are the current trends in PRC citizen inflows into Australia – both permanent and temporary? This fact sheet provides a snapshot of key statistics and trends in permanent migration, naturalisation, student visa grants, visitor visa grants, temporary work visa grants and visa cancellations.

Permanent migration

In 2017-18 162,417 permanent migration programme visas were granted. Migrants from the PRC accounted for 15.5 percent.

China-Australia LNG trade in the context of the China-US trade war

December

1. In November 2018 Australia overtook Qatar to become the world’s largest exporter of liquefied natural gas (LNG), loading 6.5 Mt of LNG compared with 6.2 Mt for Qatar. [1] 

An update on PRC investment in Australian residential real estate

December

Investment from the People’s Republic of China (PRC) in the Australian residential real estate market overall largely aligns with Australia’s foreign investment policy objectives. PRC investment in the residential real estate market has declined since 2016-17. The evidence available does not suggest systemic wilful non-compliance with residential real estate rules overseen by the Foreign Investment Review Board (FIRB). 

Renewable energy development in China

December

1. China is now the world leader in installed capacities of hydro, solar photovoltaic (PV) and wind power. China currently accounts for 28.5 percent of the global hydroelectricity generation, 32.8 percent and 31.9 percent of global solar PV and wind power installed capacity, respectively.[1] 

2. In 2017 China added:

Steve Bannon on Australia and China

December

Steven Bannon, former chief strategist to US president, Donald Trump, has courted Australian media in a bid to influence public opinion on China.

The Morrison government and China

December

On August 24 2018 Scott Morrison was elected leader of the Liberal Party by a party-room vote and sworn in as Australia’s 30th Prime Minister.

The WA-China economic relationship

December

1. In the year to June 2018, the value of Western Australia goods exports to China was $61.5 billion. This compares with a record high of $62.7 billion in May 2014.1

2. Exports to China account for 47.4 percent of total WA goods exports, and are the equivalent of 24.8 percent of Gross State Product.2

The beginnings of a new tone on China?

December

Prime Minister Malcolm Turnbull on August 7 delivered a speech to the University of New South Wales (UNSW) which seemed to continue the process of softening some of the sharper rhetoric that had been deployed in public treatment of the Australia-China bilateral relationship since early 2017.[1]  

Australia’s exposure to a Chinese economic hard landing: New findings

December

Last year the Australia-China Relations Institute (ACRI) reported on modelling by Deloitte that found an economic hard landing in China would send the Australian economy into recession.[1] New research points to a more sanguine outcome.

Inoue, et al. (2018) modelled the impact of a one percentage point drop in Chinese GDP growth.[2]

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.