Last Updated: 10 May 2019
NEW SERIES BY MICHAEL C H JONES
Occasional comments by the Chairman of ACCCI will be indexed on this page when they become available.
The items in the series are available at:
www.accci.com.au/Reflections1.pdf -- 3 April 2018
http://www.accci.com.au/Reflections2.pdf -- 1 May 2018
www.accci.com.au/Reflections3.pdf -- 7 March 2019
A media announcement dated April 2018 is available at: www.accci.com.au/Email to the SMH.pdf
Notice to Members, Supporters and Friends in Australia, China and Around the World
In late July 2016, following
the declaration of the Australian Federal Election, I retired as President of
Chamber after almost 27 years from first elected at the AGM in November 1989.
My two Vice Presidents, elected following the 30th anniversary celebrations
in September 2006, also retired. With the assistance of the Life Governors,
ACCCI has quietly sought the services of qualified replacements, however it
is not an easy process to find suitable candidates with the economic
diplomacy skills, financial independence and time and energy to represent
Chamber across the world. Unfortunately no one has passed the first level of
a three stage process but we are open to all applications.
Announcements prior to the end of December 2012 are archived in:
Links to most recent are at the top of each section.
Conferences, Meetings and Other Activities
Dynamic Cities – Creative, Liveable and Innovative, 14th International Cities, Town Centres and Communities Conference, 16-18 October 2013, Mandurah, Western Australia. More details available at: https://www.eiseverywhere.com/file_uploads/6ec679f693e3425b4c656eb5d1b131e9_program.pdf?eb=74995
“What’s in Store for China in 2013”, predictions by Gordon Orr appear in the January 2013 issue of McKinsey Quarterly. Available upon registration at: www.mckinseyquarterly.com/.
“China’s Premium Smart City Conference to Centre on Key Industry Segments with High Growth Potential,” CIFTIS, 22 January 2012 at: http://www.ciftis.org/en/Achievement/201304/t20130423_11280.html. The home page for the China Beijing International Fair for Trade in Services is: http://www.ciftis.org/.
Australian Companies in China
David Crowe, “Firms to Ramp up China Ventures” The Australian, 29 January 2013. Available at: http://www.theaustralian.com.au/national-affairs/foreign-affairs/firms-to-ramp-up-china-ventures/story-fn59nm2j-1226563805076.
No author cited, “Australia Tackles China’s Fine Wine Market”, Jing Daily, 12 February 2013. Available at: http://www.jingdaily.com/australia-tackles-chinas-fine-wine-market/23861/.
Chinese Companies in Australia
Coleen Ryan, “Meet the Chinese Billionaires with Australia in Their Signts”, Austalian Financial Review, 27 July 2012. Available at: http://www.afr.com/p/lifestyle/afrmagazine/meet_the_chinese_billionaires_with_lu0nMufEkENCzyMWv0DVSL.
Doug Ferguson and Hans Hendrischka, “Demystifying Chinese Investment: Update 2012”, KPMG and Chinese Studies Centre, University of Sydney, 2012. Available at: http://www.kpmg.com/AU/en/IssuesAndInsights/ArticlesPublications/china-insights/Documents/demystifying-chinese-investment-2012.pdf.
Jonathan Greenacre, “Chinese Investment in Australia and the World: More than State-Owned Companies and Mines”, Centre for Law, Markets and Regulation, University of New South Wales, undated but probably in the second half of 2012. Available at: http://www.clmr.unsw.edu.au/article/compliance/mergers-%26-acquisitions/chinese-investment-australia-and-world-more-state-owned-companies-and-mines.
“Preventive Priorities Survey: 2012”, published each year by the US Council of Foreign Relations, is intended to inform the global community in general, and the US policy community in particular, of the relative urgency and importance of competing conflict prevention demands. It was released on 8 December 2012 and is available at: http://www.cfr.org/conflict-prevention/preventive-priorities-survey-2012/p26686?cid=otr-partner_site-atlantic.
Freedom House’s 2012 report states that 26 countries showed “declines” in their level of political freedom while only 12 made “gains”. This is the sixth consecutive year in which countries with declines outnumber those with improvements. Details are available at: http://www.freedomhouse.org/report/freedom-world/freedom-world-2012.
No author cited, “Singapore Hails India’s Decision to Join Regional Comprehensive Economic Partnership”, Bernama, 18 November 2012. Available at: http://www.bernama.com/bernama/v6/newsbusiness.php?id=709785. Additional information is available from the Bangkok Post, “ASEAN Leaders Begin RCEP Negotiations”, 21 November 2012 at: http://www.bangkokpost.com/news/local/322261/asean-leaders-begin-rcep-negotiations. A brief comment appears in People’s Daily, “East Asia Cooperation Should Not Be Distracted by Sea Dispute”, 24 November 2012 at: http://english.peopledaily.com.cn/90883/8032722.html. See also: Jane Perlez, “Asian Nations Plan Trade Bloc That, Unlike US’s Invites China”, The New York Times, 10 November 2012. Available at: http://www.nytimes.com/2012/11/21/world/asia/southeast-asian-nations-announce-trade-bloc-to-rival-us-effort.html?_r=0.
WTO launched a new “International Trade and Market Access” interactive tool on 19 November 2012. It provides a new dynamic presentation for all WTO data on merchandise and commercial services trade as well as selected market access indicators from World Tariff Profiles. It can be accessed through the WTO’s website: http://www.wto.org/english/news_e/news12_e/stat_19nov12_e.htm.
An OECD report entitled “Looking to 2060: Long-Term Growth Prospects for the World”, projects the following shares of global GDP for 2030: China 28%, USA 18%, Euro area 12%, India 11%and Japan 4%. Details are available at: http://www.oecd.org/economy/economicoutlookanalysisandforecasts/lookingto2060.htm.
Workshop report from the Academy of Medical Sciences, British Academy, Royal Academy of Engineering and Royal Society, ‘Human Enhancement and the Future of Work”, November 2012. Available at: http://royalsociety.org/uploadedFiles/Royal_Society_Content/policy/projects/human-enhancement/2012-11-06-Human-enhancement.pdf.
Economic research group Prognos, in a study commissioned by the Bertelsmann Stiftung (Bertelsmann Foundation), estimated that exits from the Economic and Monetary Union (EMU) by Greece, Portugal, Spain and Italy would wipe a total of €17.2 trillion off worldwide growth by 2020. See article in Spiegel Online at: http://www.spiegel.de/international/europe/study-warns-euro-exit-of-southern-nations-could-cost-17-trillion-euros-a-861775.html. A summary of the study was released by the foundation in English at: http://www.bertelsmann-stiftung.de/cps/rde/xchg/SID-5BCE144E-E373C1A0/bst_engl/hs.xsl/nachrichten_113793.htm. Both of these are dated 17 October 2012.
The Productivity Commission’s draft report entitled “Electricity Network Regulatory Frameworks” is available online at: http://www.pc.gov.au/projects/inquiry/electricity/draft. The deadline for written comments is Friday 23 November 2012. For a commentary on the draft report see Phillip Coorey, “Power Bills to Fall $250 with Electricity Reforms”, The Sydney Morning Herald 18 October 2012. Available at: http://www.smh.com.au/national/power-bills-to-fall-250-with-electricity-reforms-20121017-27rnz.html.
The Fraser Institute’s publication known as Economic Freedom of the World 2012 is available at: http://www.freetheworld.com/release.html. The full report occupies 11MB but individual chapters can be downloaded separately. Chapter 1 gives country rankings for 2010 and indicates that Australia’s overall ranking is equal 5th (with Canada) among 144 countries. Hong Kong remains in first place, as it has for many years.
Australian and New Zealand Productivity Commissions, Strengthening Trans-Tasman Economic Relations, Discussion Draft, September 2012 is available online at: http://transtasman-review.pc.gov.au/study/discussion-draft. The Commissions welcome submissions on the discussion draft and the deadline for these is 18 October 2012. Go to: Make a submission page or Quick Comments page.
Education at a Glance 2012: OECD Indicators, published 11 September 2012, is available online at: http://www.oecd.org/edu/eag2012.htm. Country notes, including one for Australia, can be downloaded from the page just cited.
OECD Science, Technology and Industry Outlook 2012 is available online as a free preview before the printed copies become available in October. Visit: http://www.keepeek.com/oecd/media/science-and-technology/oecd-science-technology-and-industry-outlook-2012_sti_outlook-2012-en. The country profile for Australia is available at: http://www.oecd.org/sti/sti-outlook-2012-australia.pdf.
APEC 2012 Leaders’ Week – Vladivostok from 2-9 September. Official calendar at: http://www.apec2012.ru/calendar/20120902/462324554.html.
Senior Officials’ Meeting – 2-3 September;
APEC Business Advisory Council Meeting - 4-6 September;
APEC Ministerial Meeting – 5-6 September:
APEC CEO Summit – 7-9 September; and
APEC Economic Leaders’ Meeting 8-9 September.
Four key priorities for the APEC meetings are:
Liberalising trade and investment and expanding regional integration;
Strengthening food security;
Establishing reliable supply chains; and
Fostering innovative growth.
APEC 2012 News, Documents and Commentaries
No author cited, “Siberian Cranes Bring Extremely Good Luck to Russia’s APEC Summit”, Pravda, 10 September 2012. Available at: http://english.pravda.ru/russia/economics/10-09-2012/122115-apec_russia_putin-0/.
The 20th APEC Economic Leaders’ Meeting, “APEC Leaders Issue Declaration”, 9 September 2012. Available at: http://www.apec.org/Press/News-Releases/2012/0909_declaration.aspx
2012 APEC Ministerial Meeting, “Joint Statement”, 5-6 September 2012. Available at: http://www.apec.org/Meeting-Papers/Ministerial-Statements/Annual/2012/2012_amm.aspx.
Vladimir Putin, “An Asia-Pacific Growth Agenda”, The Wall Street Journal, 5 September 2012. Available at: http://online.wsj.com/article/SB10000872396390443847404577629312716242648.html.
Interfax, “APEC Trade Ministers Oppose Curbs on Food Exports”, Russia Behind the Headlines, 5 September 2012. Available at: http://rbth.ru/articles/2012/09/05/apec_trade_ministers_oppose_curbs_on_food_exports_17950.html.
Irena Drobysheva, “APEC to Improve Transportation Between Russia and Asia”, Russia Behind the Headlines, 5 September 2012. Available at: http://rbth.ru/articles/2012/08/02/apec_countries_to_improve_transportation_between_russia_and_asia_16979.html.
The text of ACCCI support letter for Market Explorer Limited is available at: http://accci.com.au/SupportLetterforMEL.pdf.
The theme for the Asia Financial Forum 2013 is “Asia Shaping the Next Global Landscape” at the Hong Kong Convention and Exhibition Centre, 14-15 January 2013. Details are available at: http://www.asianfinancialforum.com/download/aff2013_brochure_en.pdf.
Early this year the Australian Department of Industry, Innovation, Science, Research and Tertiary Education issued a report entitled “Science and Research Collaboration between Australia and China”. It is available online at: http://www.innovation.gov.au/Science/InternationalCollaboration/ACSRF/Documents/DIISRTE-AustraliaChinaCollaboration.pdf. A brief summary appears in the January-March issue of Australian R&D at: http://www.australianrdreview.com/.
Jodi Rudoren, “Time for Talk with Iranians Is Over, Israel Declares”, The Sydney Morning Herald, 14 August 2012. Available at: http://www.smh.com.au/world/time-for-talk-with-iranians-is-over-israel-declares-20120813-244yl.html.
Kareem Fahim, “Egyptian Leader Forces Generals into Retirement”, The Sydney Morning Herald, 13 August 2012. Available at: http://www.smh.com.au/world/egyptian-leader-forces-generals-into-retirement-20120813-243x0.html.
Nick O’Malley, John Garnaut and Dylan Welch, “US Eyes Perth Naval Base”, The Sydney Morning Herald, 2 August 2012. Available at: http://www.smh.com.au/opinion/political-news/us-eyes-perth-naval-base-20120801-23fy9.html. For follow-up information see: “No WA Home for US Carrier Group”, The Sydney Morning Herald, 2 August 2012, at: http://www.smh.com.au/wa-news/no-wa-home-for-us-carrier-group-20120802-23glz.html and “Perth Naval Base ‘Plan’ Would Cost Too Much: Study Author”, The Sydney Morning Herald, 2 August 2012 at: http://www.smh.com.au/opinion/political-news/perth-naval-base-plan-would-cost-too-much-study-author-20120802-23h3n.html. For a chronology of articles and reports relating to the issues raised by these three articles, and a commentary on them, see: http://www.accci.com.au/CommentonHMASStirling.pdf.
Polina Chernitsa, “Turkey Ops for SCO – OpEd”, Eurasia Review, 28 July 2012. Available at: http://www.eurasiareview.com/28072012-turkey-opts-for-sco-oped/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+eurasiareview%2FVsnE+%28Eurasia+Review%29.
Philip Dorling, “Canada Spy Case Rocks ASIO”, The Sydney Morning Herald, 25 July 2012. Available at: http://www.smh.com.au/opinion/political-news/canada-spy-case-rocks-asio-20120724-22nob.html.
Misna, “South African Ms Dlamini-Zuma Elected President of AU Commission. Eurasia Review, 17 July 2012. Available at: http://www.eurasiareview.com/17072012-south-african-ms-dlamini-zuma-elected-president-of-au-commission/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+eurasiareview%2FVsnE+%28Eurasia+Review%29. For additional commentary see: “Controversial Appointment”, The Economist, 21 July 2012. Available at: http://www.economist.com/node/21559397?fsrc=nlw|wwp|7-19-2012|2829692|34237756|.
The 2012 International Corporate Governance Network Dinner in the Netherlands on 3 December includes an Oxford-style debate on the proposition that “Companies that do not report on material environmental, social and governance (ESG) factors are less attractive to institutional investors”. Additional information is available from Tina Chande: firstname.lastname@example.org. Note also that ACCCI initiated recently a separate section of links on corporate governance at: http://accci.com.au/Ethics&Governance.htm#governance.
Artin Afkhami, “Authors Say Israel Killed Iran Scientists”, The Sydney Morning Herald, 13 July 2012. Available at: http://www.smh.com.au/world/authors-say-israel-killed-iran-scientists-20120712-21yx3.html.
Pew Global Attitudes Survey Reports: (1) “Pervasive Gloom About the World Economy”, 12 July 2012. Available at: http://www.pewglobal.org/2012/07/12/pervasive-gloom-about-the-world-economy/. (2) “Global Opinion of Obama Slips, International Policies Faulted”, 12 July 2012. Available at: http://www.pewglobal.org/2012/06/13/global-opinion-of-obama-slips-international-policies-faulted/.
Jackson Diehl, “A Gold Medal for Press Freedom”, The Washington Post, 23 July 2012. Available at: 23 July 2012. Available at: http://www.washingtonpost.com/opinions/jackson-diehl-a-gold-medal-for-press-freedom/2012/07/22/gJQAZua42W_story.html?wpisrc=nl_opinions.
AFP, “Telecom Boss Probed Over Slew of Suicides”, The Sydney Morning Herald, 6 July 2012. Available at: http://www.smh.com.au/world/telecom-boss-probed-over-slew-of-suicides-20120706-21kp3.html.
People’s Daily Online, “Chinese, Americans Hold Mixed Attitudes Toward Each Other”, People’s Daily, 5 July 2012. Available at: http://english.peopledaily.com.cn/90883/7866703.html.
Bank for International Settlements, “It’s Time to Break the Vicious Cycles, Says BIS in 82nd Annual Report”, 24 June. Available at: http://www.bis.org/press/p120624.htm. The link to the 82 Annual Report is: http://www.bis.org/publ/arpdf/ar2012e.htm. A commentary on the annual report: Jack Ewing, “Bankers Call for Wider Measures to Stem Crisis”, The New York Times, 24 June 2012. Available at: http://www.nytimes.com/2012/06/25/business/global/25iht-banks25.html?partner=rss&emc=rss.
Paul Polman and Daniel Servitje, “Opinions: The Global Challenge of Food and Nutrition Security”, The Washington Post, 18 June 2012. Available at: http://www.washingtonpost.com/opinions/the-global-challenge-of-food-and-nutrition-security/2012/06/17/gJQAWse1jV_story.html?wpisrc=nl_opinions.
The results of a public opinion survey of “Turkish Foreign Policy” relating to intervention in Syria are available at: http://edam.org.tr/document/Edam2012Survey2.pdf.
Asher Moses, “Heavy Fog on Information Superhighway as Action Plan Scorned as ‘Fluff’, The Sydney Morning Herald, 12 June 2012. Available at: http://www.smh.com.au/technology/technology-news/heavy-fog-on-information-superhighway-as-action-plan-scorned-as-fluff-20120611-20661.html.
John Ross, “Dawkins Reviews Training Standards”, The Australian, 9 June 2012. Available at: http://www.theaustralian.com.au/national-affairs/education/dawkins-reviews-training-standards/story-fn59nlz9-1226389427310.
The International Monetary Fund recently published a review of the five years since the onset of the global financial crisis in Finance and Development, Vol. 49, No 2 (June 2012). Articles include: “The Crisis and Beyond”, “Tracking the Global Recovery”, “Fixing the System”, “Trade Policy: So Far so Good?” and “Shedding Debt”. Available at: http://www.imf.org/external/pubs/ft/fandd/2012/06/index.htm#panel-3.
Recent announcements from the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC), including the inauguration of the Secretariat premises on 7 May 2012, are available at: http://www.iorarc.org/.
Sean Nicholls, “Treasurer Unfazed by AAA Warning”, The Sydney Morning Herald, 23 May 2012. Available at: http://www.smh.com.au/nsw/treasurer-unfazed-by-aaa-warning-20120522-1z39v.html.
“Asian Century Series” features articles by distinguished analysts from the East Asia region with special emphasis on the challenges associated with economics and politics of the current century. It is published by East Asia Forum at the Australian National University with the intention of having this literature feed into the Australian Government White Paper on Australia in the Asian Century. It is available at: http://www.eastasiaforum.org/tag/asiancentury/.
The 14 May issue of The Atlantic is devoted to a special report on China, with 15 short articles describing recent developments and changes in China. It is available at: http://www.theatlantic.com/special-report/china-takes-off/.
Invitation to attend the 7th APEC Small and Medium Enterprises Technology Conference and Fair in Chengdu, PRC 22-25 June 2012. Details and application from at: http://www.accci.com.au/ChengduFair.pdf.
Jane Sullivan, “Axing a Literary Prize Is So Wrong”, The Sydney Morning Herald, 18 April 2012. Available at: http://www.smh.com.au/opinion/political-news/axing-a-literary-prize-is-so-wrong-20120417-1x5in.html
Peter Hartcher, “Tipping Point from West to Rest Just Passed”, The Sydney Morning Herald, 17 April 2012. Available at: http://www.smh.com.au/opinion/politics/tipping-point-from-west-to-rest-just-passed-20120416-1x3pa.html.
OECD, “Environmental Outlook to 2050: The Consequences of Inaction – Highlights”, March 2012. Available at: http://www.oecd.org/env/environmentalindicatorsmodellingandoutlooks/49846090.pdf.
Matt Wade, “Cracks Appear in Business Outlook”, The Sydney Morning Herald, 22 February 2012. Available at: http://www.smh.com.au/business/cracks-appear-in-business-outlook-20120221-1tlt6.html.
Michael West, “Will S&P Fight to the Death”, The Sydney Morning Herald, 21 February 2012. Available at: http://www.smh.com.au/business/will-sp-fight-to-the-death-20120221-1tkwc.htm.
Media Release, “Inquiry into the Establishment of Special Economic Zones”, Legislative Assembly Committee on Economic Development, New South Wales Parliament, 13 February 2012. Available at: http://www.parliament.nsw.gov.au/prod/parlment/committee.nsf/0/d4167c40c4c08e82ca2579440010c543/$FILE/Media%20release%20-%2013%20February%202012%20-%20Inquiry%20into%20the%20.
Dylan Welch, “Australia’s Link to Secret Iraq Prisons’, The Sydney Morning Herald, 9 February, 2012. Available at: http://www.smh.com.au/opinion/political-news/australias-link-to-secret-iraq-prisons-20120208-1rf10.html.
Invitation from the Australia China Business Council to attend the China Oration Dinner 2012 on 15 March 2012 at the Great Hall, University of Technology, Sydney. The Rt Hon Dame Jenny Shipley, former Prime Minister of New Zealand, will speak on the topic “Making Sense of China!.” Details are available at: http://www.acbc.com.au/default.asp?id=1,3,15,784.
Philip Wen, “China Lets Jailed Australian Appeal Against Conviction”, The Sydney Morning Herald, 4 February 2012. Available at: http://www.smh.com.au/world/china-lets-jailed-australian-appeal-against-conviction-20120203-1qxk1.html.
Interfaith Prayer Meeting 2012: Remembering Mahatma Gandhi on his 64th Martyrdom Anniversary on 15 February 2012, Theatrette at Parliament House. Details at: http://www.accci.com.au/InterfaithPrayerMeeting.pdf.
Stakeholder Consultations for the Trans Pacific Partnership Negotiations with the Department of Foreign Affairs and Trade on Tuesday 7 February at Level 10, Angel Place, 123 Pitt Street, Sydney. Registration form at: http://www.accci.com.au/TTPStakeholderConsultations.pdf.
Inaugural Gandhi Oration: Remembering Mahatma Gandhi on his 64th Martyrdom Anniversary on 30th January 2012 at Leighton Hall, John Niland Scientia Building, UNSW Kensington campus. Details at: http://www.accci.com.au/InauguralGandhiOration.pdf.
Invitation to attend the opening of “Finding Connection”, an exhibition of paintings by Louisa Chan at the Chrissie Cotter Gallery in Camperdown. Details are available at: http://www.accci.com.au/LouisaChan.pdf.
Voice of America, “US Imposes Sanctions on China Oil Company Over Iran Trade”, Eurasia Review, 13 January 2012. Available at: http://www.eurasiareview.com/13012012-us-imposes-sanctions-on-china-oil-company-over-iran-trade/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+eurasiareview%2FVsnE+%28Eurasia+Review%29.