E-Cooee Volume 7, Edition 21

E-Cooee Volume 7, Edition 21A limited number of free tickets are available to AustCham Shanghai members for the Australia National Day Concert to be held at Shanghai World Expo 2010 on Tuesday 8 June. Aussie Drinks (4/6) will be co-hosted by the Just Beer boys this Friday night. Come on down to taste the latest beverages they have on offer, and join us for a great Aussie sausage sizzle at Kakadu.

In this issue: Meet AustCham Shanghai’s 2010/12 Board Director Candidates (10/6), Chief Investment Officer Graham Bibby offers a forecast on the Australian dollar. Learn more about AustCham member Yu Shanghai, and read about Australian architects “Melbourne Masterplan” for Tianjin.

Next Week: The AustCham Shanghai Transport and Logistics Committee hosts its third roundtable (09/06) event for 2010 at the Transport and Logistics China Fair courtesy of MMI. Professor Hans Hendrischke from the University of Sydney gives a unique not to be missed insight into Chinese business practices (09/06). Hear from the 2010-2012 AustCham Shanghai Board Director Candidates (10/06).

Panel Discussion by Australian Bank’s Chief Economists

Upcoming Events

Event Name: Aussie Drinks Central

Date: 4 June 2010
Time: 18:00-21:30
Venue: Kakadu

Event Name: Transport & Logistics Committee Roundtable at the Transport and Logistics China Fair

Date: 9 June 2010
Time: 9:00-11:00
Venue: Shanghai New International Expo Centre (SNIEC)

Event Name: The invisible Chinese economy – Business behind the facade

Date: 9 June 2010
Time: 18:30-20:30
Venue:Regal International East Asia Hotel

Event Name:Board Director Candidates Evening

Date: 10 June 2010
Time: 18:30-20:30
Venue:Sofitel Shanghai Hyland

Event Name: Corporate Social Responsibility setting up your strategy & framework

Date: 18 June 2010
Time: 11:30-14:00
Venue:Portman Ritz-Carlton Shanghai

Australian National Day at Expo – Concert tickets available

AustCham Shanghai is offering its members free passes to the National Day Concert, on Tuesday 8 June between 3.30pm and 5.00pm, to be held inside the Expo Centre. Tickets will be available on a quota system (max. five) per member. Entrance to the expo site is not included. To secure tickets for the National Day Concert call Helen Li on 6248 8301 or email helen.li@austchamshanghai

Meet the 2010-2012 Board Director Candidates

All Candidates standing for election to the 2010-2012 AustCham Shanghai Board of Directors will be announced in the Formal Notices issued by email to all Voting Members on Monday 7 June 2010.

All AustCham Shanghai members are invited to meet the 2010-2012 Board Director Candidates at an informal cocktail event on Thursday 10 June. The event will be held from 6.30pm at the Sofitel Shanghai Hyland, 505 Nanjing East Road.

Take advantage of this opportunity to discuss with candidates their vision for the Chamber and find out why they think they should be on the AustCham Shanghai Board.

For more information about the nomination process and the AGM 2010, visit our website www.austchamshanghai.com or phone Executive Director Kim Gilliland on 6248 1120.

Word from an Expert
The Aussie dollar – a forecast for tougher times ahead according to Graham Bibby, Chief Investment Officer and Chief Executive Officer, Richmond Asset Management

Most people don’t realise the best risk adjusted profits aren’t made in bull market, but after major sell-offs. You could say, a stimulus party started globally, and now the music has stopped and investors are looking to see if sustainable growth without a worldwide fix is possible. The trouble is that China isn’t continuing the party, with the Shanghai Index down 33 per cent from its high, as China tries to rein in its property market. As a result commodity stocks are taking a hit.

Globally, equity markets have reversed their upward trends and financials that led the run-up are leading the run-down, with US financials over 30 per cent down from the peak. When you try and fit the pieces of the jigsaw together to see what the markets are telling us, it seems to be saying we are headed for tougher times. Right now, we have China slowing, and the EU following the US lead of “just print more money and worry about the consequences later” attitude.

The Aussie dollar is a commodity currency and its recent downward movement is confirming that a slowdown results in less commodity spending. The only games in town at the moment are the US Dollar, gold and silver, playing for security, in a risk adverse world. So there you have it on the sidelines, but being a born optimist I know, great profits lay ahead for the proactive manager.

Introductions and Promotions

Yu Shanghai

Introducing AustCham Shanghai Corporate Member

A scrumptious feast for all of your senses; a space where ancient meets modern; a stage which all Shanghainese are proud of; “Yu Shanghai” opened on the third floor of Yue Bin Lou in Yu Garden, Shanghai in May.

“Yu Shanghai” houses a multi-media theatre, an interactive themed restaurant, a roof-top terrace, and two exclusive VIP rooms with spacious balconies overlooking the Yu Garden and Pudong landmarks. The venue offers a unique dining-to-entertainment experience for all kinds of events from private functions to parties.

The neo-Shanghainese cuisines use only the freshest and highest quality ingredients. The menu, while inspired by local delicacies, features a fusion of the traditional and contemporary arts of cooking.

Last but not least, the 45 minute creative multi-media performance “Déjà vu”, is a dynamic and electrifying mixture of dance, kung fu, magic, drum beat, acrobatics and music, creating a night you’ll never forget!

For more details click here.

Architecktonics Melbourne Masterplan

China’s strategy to move around 50 per cent of the country’s population from a rural to an urban environment by 2050 is opening up multibillion dollar opportunities for Australian urban planning, design and engineering companies. AustCham Shanghai member company Architektonic has been working with a Chinese government developer on a masterplan for a suburb near Tianjin in north east China. “The developer wanted to capitilise on the strength of the Melbourne city,” said Director Joburt Betadam. “Architecktonics design concept includes a ‘Melbourne’ street intended to be reminiscent of iconic streets such as Ackland Street, Brunswick Street and Lygon Street with outdoor cafes, restaurants and retail shops.” The project and Architektonic’s role in supporting other Australian Urban Systems Cluster members in expanding into China was praised recently by the Victorian Premier John Brumby. The project will cover an area of 666,000 square metres with construction expected to start later this year.

Job Opportunities

Do you have a job you would like to list in E-Cooee and on the AustCham Shanghai website click here for more information and to send us your job details.

Member Exclusive Offers and Promotions

Classic Travel

Member exclusive offers when booking Classic Travel.

Click here for more information.

The Portman Ritz-Carlton, Shanghai

Seafood promotion in Portman’s Tables restaurant every Saturday evening.

Click here for more information.

Bioscor Shanghai Clinic

10% discount on all services and products.
Click here for more information.


Exciting news or events coming up?

Please contact Samantha Nassar,
Membership and Sponsorship Manager on email:

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