China assesment by alex landbeck

Distance from Australia to China is 7,470km

alexlandbeck — 2014-11-04 23:33:58 UTC

alexlandbeck — 2014-11-04 23:36:53 UTC

Capital: Beijing

Population: 1.357 billion (2013) World Bank

Currency: Renminbi

Official language: Standard Mandarin

Government: Communist state, Socialist state, Single-party state

How does Australia benefit from trade with China?

alexlandbeck — 2014-11-04 23:49:39 UTC

http://trademinister.gov.au/releases/Pages/2014/ar_mr_140521.aspx

http://www.smh.com.au/business/chinese-investors-are-pushing-into-melbourne-and-sydney-20141010-113q7x.html

~Australia’s goods and services exported to China generated A$100 billion

~Australia’s two-way trade in goods and services with China generated $150 billion

~Australia’s exports to China were valued at $102 billion in 2013, an increase of $22 billion on 2012. China accounted for almost a third of Australia’s total goods and services exports.

~Australia’s two-way trade in (goods and services) with China was valued at $151 billion. China accounted for almost one quarter of Australia’s total trade.

~China was also Australia’s largest import source in 2013 with $49 billion, accounting for %15 of total imports.

~Chinese investors are buying large amounts of property in Australia

INQUIRY QUESTION: What should Australia do to ensure mutually beneficial connections between Australia and China in the future?

alexlandbeck — 2014-11-05 06:58:36 UTC

We could ensure the already existing connections with the two countries remain.

Australia and China should negotiate a free trade agreement.

China and Australia should organise a bi-lingual program in schools to benefit future education and business.

Australia should put more money into promoting tourism into China.
Another recemondation is to not import as much of other products from other countries but to import and export other products to china and benefit from that connection.

We could also influence Australian tourists to travel to China for holidays.

How does China benefit from trade with Australia?

alexlandbeck — 2014-11-05 07:07:08 UTC

http://www.economywatch.com/world_economy/australia/export-import.html http://en.wikipedia.org/wiki/Australia–China_relations#Economic_relations

~In 2009, China became Australia's largest export market, surpassing Japan.

~Australia exported 266.2 million tonnes of iron ore to China in 2009, an increase of 45.2 per cent over the same period.

~China is Australia’s largest source of imports including clothing, communications equipment, computers, prams, toys, games and sporting goods, furniture and televisions.

~The scale of trade with China has also seen massive investments by Chinese companies in Australia. The majority of these investments has been in the resources sector, where Chinese companies have not only invested in Australian mining companies, but have now also started to lease land from the Australian government to mine resources on their own.

~ China relies upon Australia for the import of raw materials such as wool and lamb as they are too small a country to produce their own raw materials.

~ Monthly value of Chinese merchandise exports to Australia ( A$64.8 billion) in 2010-11period

How does Australia benefit from tourism with China?

alexlandbeck — 2014-11-06 02:59:30 UTC

http://www.tourism.australia.com/documents/Markets/MP-2013_China-Web.pdf

http://www.abc.net.au/news/2013-10-30/an-chinese-tourism---world27s-largest-tourism-source-market/5059398

~In 2012, China was Australia’s second largest inbound market for visitor.

arrivals and the largest market for total visitor a night.

~In 2012, China surpassed the United Kingdom to become Australia’s second largest inbound market by arrivals, after New Zealand.

~Strong growth in the Chinese economy, outbound travel demand and aviation capacity saw Chinese visitor arrivals to Australia grow in 2012, reaching 600,000 arrivals for the first time.

~China now rivals New Zealand as the number one source market for international tourists in Australia.

~Visitors from China generated $4.8 billion in total.

Chinese visitor/tourists to Australia

alexlandbeck — 2014-11-06 03:05:00 UTC

How does China benefit from tourism with Australia?

alexlandbeck — 2014-11-06 06:08:45 UTC

http://www.traveller.com.au/australian-tourists-flock-to-china-2zdyc

~China National Tourism Administration show that 770,000 Australians travelled to China last year (2013) for a growth of an estemated CH$1 billion

~Australian tourists are often using China as a stopover on the way to Europe.

~Australia is becoming one of China's most valued sources of international visitors

~Australia is the fastest-growing Western tourism market for China.

~Australian tourists love staying at places like Beijing, Xian, Guangzhou and Guilin

~More than 50,000 Australian tourists are travelling to China each month according to official figures

How has the interconnection, economy between Australia and China influenced or changed people and places?

alexlandbeck — 2014-11-08 23:03:32 UTC

http://www.heraldsun.com.au/news/victoria/million-chinese-buyers-look-to-buy-australian-homes/story-fni0fit3-1227042127068?nk=1e10bfef3b65056b249005f2b5e27118Strong trading between the two countries has brought significant wealth to the people of Australia and China. Chinese investors are buying Australian properties which benefits the Australian economy. 36,000 new apartments were bought by foreign investors and are currently being built. This benefits the economy and helps the building industry. Asian investment group presented research showing almost half of China’s 70 million wealthiest people wanted to emigrate, and 10 million had Australia in mind. This is a benefit to Australia's econony

How do other countries benefit from Australia and how Australia benefits from them

alexlandbeck — 2014-11-10 02:33:37 UTC

Australia has benefited other countries by exporting materials like coal and iron ore to keep other countries running. Australia then retrives billions of dollars a year. Australia imports many eletronices and prossesors from other countries benefiting them by earning alot of money. Australia earns money off tourism from other countries like China "which is one of Australias largest source of tourism" which then bring wealth into the country for them to then go on vacations to other countries benefiting them. Once a country is known for earning large amounts of money for tourism, many people are the influenced to immigrate to that country which is a benefit for Australias department of finance and a benefit to companys .

Australia's and China's prime ministers

alexlandbeck — 2014-11-10 08:58:42 UTC

How China benefits from tra with Australia

alexlandbeck — 2014-11-11 05:55:37 UTC

How does China benefit from trade with Autralia?

alexlandbeck — 2014-11-11 05:57:35 UTC

China benefits from trade with Australia buy selling many almost all of Australia's products to us and earning many billions of dollars. China is also Australia's largest source of imports with nearly $A64.8 billion dollars received in the 2010-11 period. This is a significant increase in the Chinese economy. China also exports processors, televisions, phones, clothes, building materials, toys, cooking equipment, cars, and personal needs. China earns billions of dollars a year worth millions of products. Because China has a large population, China needs to build cities. Australia exports many materials such as iron ore which helps China keep up with its fast growing population.

jk

alexlandbeck — 2014-11-11 06:24:27 UTC

How does Australia benefit from trade with China

alexlandbeck — 2014-11-11 06:24:39 UTC

Australia benefits from China in many ways such as exporting coal and iron ore. Australia earn't

How does Australia benefit from trade with China?

alexlandbeck — 2014-11-11 08:24:18 UTC

Australia's economy is strong as a result of strong trading ties with China. This brings wealth to the Australian people as well as creating jobs. Wealthy Chinese investors are buying large amounts of property which makes the building industry in Australia strong. Australia also exports coal and iron ore to China which also helps the economy which leads to a better quality of life. Australia exported 266.2 million tonnes of iron ore to China in 2009 with an increase of 45.2 per cent over the same period of time.

How does China benefit from tourism with Australia

alexlandbeck — 2014-11-11 08:45:35 UTC

There is not enough data to show how Australian tourism benefits China. Compared to Chinese tourists visiting Australia '600,000' in 2012 and only 50,000 visiting China from Australia shows that Australia benefits a lot more than China. The reason for visiting China is stopping over on the way to Europe. However in 2013 there was 770,000 tourists from Australia for a growth of an estemated A$1 billion.

How does Australia benefit from tourism with China

alexlandbeck — 2014-11-11 09:03:39 UTC

China is known for on of Australia's largest tourism market with A$4.8 billion dollars in total. China is also Australia's second largest tourism market and passing the UK. Strong growth in the Chinese economy saw the Chinese arrivals in Australia grow in 2012 and reach 600,000 arrivals for the first time. This is a significant growth in the economy.

How has the interconnection tourism influenced or hanged people and places in Australia and China

alexlandbeck — 2014-11-11 20:54:35 UTC

Tourism has changed people and places for many years. In Australia tourism has changed people to be more accepting of other cultures and races like China. Tourism has changed cities for the better. For example in Garden City Brisbane there are Chinese, indian and Japanese restaurants in the food court. Tourism has also changed the economy significantly through out the years. Australia has earned A$4.8 billion in total and China rose A$1 billion in 2013.