Most of us use products made in China every day and are aware of its growing economic power as a factory to the world. But China intends to become a developed nation by mid-century and integral to this ambition is its intense focus on innovation.
Moving manufacturing operations back home is in full swing in the US and UK, and is starting to happen here, as Alan Johnson reports.
Not too long ago, when Western CEOs pondered China’s fast-growing market and billion-plus potential customers, their eyes would fill with dollar signs. But these days, thoughts of China are more likely to elicit serious soul-searching, as some of the companies that eagerly dove into China have withdrawn.
There are rumours that Apple is working with Sydney company Sonder Design to develop a special “E-Ink” keyboard for release with the 2018 MacBook.
Swinburne University of Technology, Shandong University Weihai (SDUW), Weihai Economic and Technological Development Zone (WZ) and the Australian Education and Management Group (AEMG) have announced an advanced manufacturing centre, to launch early next year.
Despite last-minute efforts by the Obama administration, the US Congress’ ratification of the Trans-Pacific Partnership (TPP) agreement is in serious danger.
LaserBond has secured a contract to provide technology services for a Chinese minerals processing equipment manufacturer.
The founder of South Australian manufacturer Hegs has said a growing number of contracts is expected to double the company’s headcount.
Chinese steel output will continue to increase modestly, BHP Billiton is predicting, contrary to some analysts’ predictions.
The federal government has defended Chinese-made army dress uniforms, saying that the successful tenderer would pay three times more to make them here.
Senator Nick Xenophon has criticised the manufacture of army non-combat clothing in China.
A senior Chinese official has said Chinese steel demand peaked two years ago, and called Australia’s attitude to steel dumping “ridiculous”.
Viewpoints: do foreigners have more freedom to invest in Australia than in almost any other country?
Prime Minister Malcolm Turnbull recently said: “China has more freedom to invest in Australia, indeed all foreigners have more freedom to invest in Australia, than almost any other country.”
But is this true? We asked two experts to discuss the evidence for and against this statement.
The two-day Group of 20 leaders’ summit has agreed to the creation of a “steel forum”, which would monitor China’s pledge to cutting its steel output, though the issue remains economically sensitive within Australia.
China’s state-run media has urged India not to lose focus on lower-cost manufacturing and the benefits of moving its country through industrialisation.
Concern over the employment consequences of globalisation is again driving political debate. Look no further than the United Kingdom’s exit from the European Union and the rise of protectionism in American and Australian politics to see the disenfranchisement of low-skill workers with the effects of international trade.
Dairy co-operative Murray Goulburn has increased net profit by 61.2 per cent, despite a turbulent year in which it retrospectively cut its farmgate milk price.
Laundry products maker Pental has said it hopes to capitalise on the Chinese demand for Australian dairy products after recently delivering its first shipment of goat’s milk soap.
Britax Australia workers will rally in shopping centres, following the company’s May announcement that it will close its Melbourne factory and outsource production to China.
GE Power has announced that it has completed the acquisition of the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $USD250 million. Originally announced in May, the Doosan Engineering & Construction HRSG acquisition will help GE Power meet the growing demand for its combined-cycle power plant solutions, which utilize HRSG technology, … Continue reading GE buys out Doosan’s Steam Generator Business