The rise of China as a global economic powerhouse has been well documented. Perhaps less well known has been the emergence of China’s currency, the Renminbi (RMB), as one of the world’s truly global currencies. Use of the Renminbi was limited even ten years ago. In 2009, China launched a pilot program for cross-border settlement...

Australia’s services sector may be the largest beneficiary of China’s rebalancing in the future, according to a new research report prepared by Australian Centre for Financial Studies for the Australia China Business Council and ShineWing Australia. China is Australia’s largest two-way trading partner, and by a significant margin. Not only does China claim nearly 25%...

Examines the benefits of the Australia-China trading relationship at a household level and looks beyond the resources boom and exploring the growth other Australian industries are seeing with China. It also provides practical advice on how to do business in China from Australian businesses already successfully doing it. Executive summary

This is the latest update of the Australia China Business Council’s landmark 2009 research detailing the benefits to Australian households of the trade and investment relationship with China. Prepared by the Allen Consulting Group, the analysis examines the value of trade per household and identifies, at a high-level, the general impacts of trade at a...