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PM talks strategy and trade with Korea

Prime Minister Tony Abbott has defended his decision to visit South Korea and Japan on the same trip, telling his Korean counterpart he could not play favourites in the region.But he's stressed...

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Invest in Australia, PM to tell China

Prime Minister Tony Abbott hopes to spur free trade talks with China this week by assuring investors they're welcome to do business in Australia.Mr Abbott will depart for China on Wednesday, where he's...

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PM presses on China FTA

Prime Minister Tony Abbott hopes to spur free trade talks with China this week by assuring investors they're welcome to do business in Australia.Mr Abbott will depart for China on Wednesday, where he's...

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IMF cuts global growth forecast

The International Monetary Fund has warned of new challenges to developing economies as the global recovery broadens.The Fund’s latest World Economic Outlook also shows Australian economic growth will...

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Hard words won't shatter China-Australia relations

EconomyChinaJohn LeeCommentators writing about Prime Minister Tony Abbott’s trip to three of our largest regional trading partners -- China, Japan and South Korea -- have almost all emphasised that it...

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Govt opens up on Chinese investment

The federal government will move to make Chinese foreign investment in Australia that is below the value of $1 billion exempt from formal approval as it pushes forward with negotiations for a free...

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The heady rise of China's red oligarchs

EconomyChinaPeter CaiWhen Sichuan Hanlong wanted to acquire Sundance Resources in Australia, the Foreign Investment Review Board was concerned about the character of its chairman Liu Han, a prominent...

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Abbott reviews veto for China state firms

EconomyAustralian NewsDavid Crowe - The AustralianThe Abbott government is considering a significant change in its approach to Chinese foreign investment to ease restraints on trusted companies in the...

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China may fast-track FTA talks

The Abbott government is getting all the right signs from China that they're keen to fast-track talks on a free trade deal with Australia.Prime Minister Tony Abbott has been personally assured by...

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Sydney should be yuan hub: Kelly

Westpac chief executive officer Gail Kelly has called for the quick establishment of Sydney as a renminbi hub, saying it will dramatically open up trade flows between China and Australia."Setting up...

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Iron ore price pushes $US120

The iron ore price is pushing $US120 a tonne, following steady gains throughout the week.Benchmark iron ore for immediate delivery to the port of Tianjin in China was trading at $US119.4 a tonne, an...

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IMF warns on global financial risk

Six years after a wave of financial destruction crashed through the United States and then Europe, old and new risks are still challenging the global economy, the International Monetary Fund (IMF)...

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Is China really the second most powerful economy in the world?

EconomyChinaPeter CaiWhen the Chinese economy finally overtook Japan in 2010, it was greeted with a sense of jubilation in China. For many Chinese, it was a historic moment when the Middle Kingdom...

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China trade balance expands

China's trade surplus expanded more than expected in March, according to official data.In the month, China's trade surplus was $US7.71 billion, a significant turnaround from the $US22.98 billion...

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Hockey urges China action on currency

Australia wants China to move quicker to deregulate its currency.Treasurer Joe Hockey is in Washington for a meeting of the Group of 20 nations' finance ministers, ahead of Brisbane hosting the...

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PM urges fast-tracking of China FTA

Prime Minister Tony Abbott has called for an acceleration of free-trade talks with China and expressed his hope that Australia could be a "true friend" of the country.In a speech to the Bo'ao Forum in...

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China rules out stimulus hopes

Chinese Premier Li Keqiang has poured cold water over investor expectations that Beijing will unleash stimulus measures to boost its slowing economy, saying the government is more concerned over the...

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Li Ka-shing family sells Beijing property

A company controlled by the family of Asia's richest man Li Ka-shing has sold a landmark Beijing property for more than $US900 million, it said, adding to speculation he is cashing out of Chinese...

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App to track Chinese investment in Aust

A new online database mapping Chinese investment in Australia is the latest tactic the federal government is using to fast-track talks on a free trade deal with Beijing.Trade Minister Andrew Robb on...

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How Abbott could triumph in China

EconomyChinaPeter CaiUse this to embed videoPrime Minister Tony Abbott is trying to seal a historic trade agreement with Australia’s most important trading partner: China. It is a deal that has eluded...

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