China’s Belt and Road Initiative is one of President Xi’s most ambitious foreign and economic initiatives. It reflects a combination of economic and strategic drivers, not all of which can be easily reconciled. There are strategic drivers behind China’s Belt and Road Initiative, but it is also motivated by the country’s pressing domestic economic challenges. The combination of strategic and economic drivers is not always easy to reconcile. In some cases, China’s strategic objectives make it difficult to sell the economic aspects of the initiative to China’s neighbours. The Chinese Government is keen to use the initiative to achieve important economic policy objectives, but some Chinese financiers and policymakers are cautious about funding risky Belt and Road projects outside of China, fearing poor return on their investments. Written by ACYD alumnus Peter Cai.
Jill Xiaozhou Ju, an ACYD alumnus, was recently listed Forbes 30 under 30, a very significant achievement. Graduate of Peking University and Harvard Business School, Jill has worked in UBS in Hong Kong and Beijing, and is currently working at Greystar Europe managing a portfolio around 1Bn Pounds. Jill shared her story and motivation with ACYD organizer Mert Erkul recently, and here is their interview.
Australia is sending its first ever intellectual property counsellor to Beijing this month as Canberra steps up support for businesses expanding into China by helping them to protect their trademarks. The new IP counsellor, David Bennett, is a delegate of 2016 ACYD.
Asia 21, the preeminent network of young leaders from across the Asia-Pacific, today announced its 2016 class. Comprised of 32 emerging leaders from 24 countries representing the private, public, and nonprofit sectors, this year’s class is a remarkable group focused on shaping a brighter future for the Asia-Pacific region. Among these selected emerging leaders TWO are alumni of ACYD.
The release of the White Paper on Developing Northern Australia was met with relatively little fanfare. In some ways, this is unsurprising. The scale of other recent development initiatives such as China’s ‘One Belt, One Road’ initiative and the Asian Infrastructure Investment Bank somewhat dwarf the Commonwealth’s plan for the north.
Ageing populations present policy challenges for both Australia and China. The number of Chinese people aged over 60 has reached 202 million, representing 15.5 per cent of the population. This percentage of over 60 year-olds is up from 7 per cent in 1953, and is projected to each 24 per cent (or 302 million people) by 2050. In Australia, it is predicted that 22 per cent of the population will be over 60 years of age by 2017.
In June 24, the Australian embassy invited Lisa Qin, one of the 2013 ACYD delegates, and 2014 & 2015 ACYD organisers to speak as a representative of ACYD/ACYPI. Lisa talked about her Australia China story, as well as the importance of the networks and support she had received through ACYD. Here is her speech.
On Wednesday evening, December 17, Professor the Hon. Bob Carr spoke about the latest developments in Australia-China relations at Sidley Austin’s boardroom in Central Hong Kong. An ACYD alumni event in conjunction with the Young China Watchers – a supporter organisation of the ACYD – Prof. Carr’s presentation and Q&A session attracted over 60 young professionals from a range of backgrounds.