Limited spaces available. Join us on 30 March 2009 @ Langham Hotel, Auckland City
International Sustainable Cities Forum
Building Sustainable Cities
Bringing together government and corporate leaders from New Zealand and China to explore the challenges and opportunities of building sustainable cities. Held in conjunction with the 1st Anniversary of the signing of the China-NZ FTA.
China Buys Australia On the Cheap
Article from Time Magazine published Tuesday, Feb. 17, 2009
Today, almost alone in the world, China’s state-owned companies are still cash flush. Crucially, though, they have learned a basic — and expensive — lesson about investing abroad. As a result, the ‘Go Out’ strategy has been tweaked. It might now be better called the ‘Buy Low’ campaign, and in one of the markets that Beijing has long had in its strategic sights — Australia’s vast metals and minerals industry — it is now unfolding.
News emerging that Chinese firms are likely to pick up underpriced assets offshore.
Tags: australia, china, investment, state-owned
International Sustainable Cities Forum 2009 is brought to you by New Zealand Chinese Herald and Euroasia. We also appreciate the support of McConnell Group, Framecad, China Urban Realty Association and The Embassy of the People's Republic of China in New Zealand.