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The number of ethnic Chinese in Vancouver, Canada is set to double to 800,000 by 2031, about a quarter of the projected total population, according to a report titled “A New Residential Order?” South China Morning Post reports (14 April 2013).… more
Modelled on the successful G’Day USA program, Australia Week in China will be held in Shanghai in 2014, The Sydney Morning Herald reports (8 April 2013).
The A$1.75 million initiative will promote Australian tourism, trade and investment opportunities.… more
Australian Prime Minister Julia Gillard announced during her Shanghai visit that the Australian dollar will be the third currency in the world, after the US dollar and the Japanese yen, to be convertible directly into the Chinese renmenbi, ABC News reports (8 April 2013).… more
Before construction even starts, Chinese developer Datong has pre-sold half of the project’s 96 apartments in Adelaide, Australia, and about half of those buyers were mainland Chinese, BRW reports (8 April 2013).
The A$36 million apartment building, named Aria, is scheduled to begin construction this week.… more
Glen Waverley and Mount Waverley, both southeastern suburbs of Melbourne, Australia, are popular with Chinese buyers looking to educate their children abroad and invest in small businesses, Property Observer reports (2 April 2013).
According to the 2011 census, residents of Chinese descent account for almost a quarter of Glen Waverley’s population and over 15% of the neighbouring Mount Waverley’s.… more