Author Archives: admin

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Club Volcano

Category : Others

Game Club Volcano play for free

If you just get accustomed to the world of excitement, you need to gain experience. You can do this by testing the devices in free mode. This version of the game will help to understand the rules, to study the available machines. Players who dream of breaking a huge jackpot, playing in free mode, will try to work out a winning strategy.

Special offers of Club Volcano

Gamblers who prefer to play big, choose high stakes. for active players has provided a gift – no deposit bonus. The longer the game experience for a gambler, the greater the chance that the administration will encourage it.

Beginners are waiting for a bonus when registering, which they will be able to play for a certain time. When the account is opened, the player receives a bonus and free spins of the drum.

Club Volcano: The Mirror

To always stay in touch with the popular resource, the player needs to add mirror sites to the bookmarks. Mirror Club Vulkan for design, functionality, the availability of slot machines is no different from the official site. But in case of blocking the main resource, the mirror site will give the player the right not to interrupt the game process.

Club Volcano: mobile version

Fans of gadgets prefer to play with a tablet, smartphone, mobile phone. Mobile version of the club The volcano externally and functionally does not differ from the version installed on the stationary computer, but there are more opportunities to spend time at the gaming table at the gambler.

Advantages of Club Volcano

The casino features gaming devices from leading manufacturers: Igrosoft, Novomatic Gaminator, Mega Jack, Playtech. Club Vulcan online has a lot of advantages, among which:

  • Regularly held tournament fights, promotions and lotteries.
  • Reliable payment systems, through which financial transactions are carried out.
  • The transparency of the game process does not allow fraud.
  • Operational work of technical support staff.
  • Confidentiality of personal data of visitors.
  • Ability to play for free and for money.

All visitors to the institution can immerse themselves in the gameplay, have fun, improve their financial situation.

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2017 Australian Blockchain Mission to China

Category : Events

China is setting the pace in global blockchain development with blockchain technology emerging as a potential disruptive force.

In a country with $5.5 trillion in digital payments last year (50 times that of the USA) and unencumbered by legacy systems, Chinese technology companies, financial institutions, government and companies across a wide spectrum of industries are exploring blockchain solutions as part of the Internet of Things (IoT) and broader innovation drive.

In partnership with Standards Australia and the Australian Digital Commerce Association (ADCA), Austrade invites Australian businesses involved in blockchain technology to join 2017 Australian Blockchain Mission to China.

In addition to three-day access to the 3rd Global Blockchain Summit, mission highlights include an exclusive program of briefings, industry roundtable discussions and networking events in Shanghai with China’s leading influencers in blockchain development and adoption, including those advising the Chinese government on domestic blockchain standards. A curated pre-Summit extension has been added to the mission, with a VC investor program in Beijing with prominent global Venture Capital funds and Chinese investors consortium.

Participants will also enjoy the opportunity to boost their China market experience by attending the Australian Landing Pad Shanghai Bootcamp alongside accredited Landing Pad participants.

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North Asia Free Trade Agreements Training Session for SMEs – Selling your goods to China

Category : Events

China is Australia’s largest trading partner, buying almost a third of all Australian exports. With a population of 1.4 billion people and rapidly rising middle class, the demand for Australian goods and services has never been higher. China presents enormous opportunities for Australian businesses, so find out what it can do for yours.

This Victorian Chamber of Commerce and Industry workshop will take you through the key trends and opportunities in China and give you the information you need to export under the China-Australia Free Trade Agreement (ChAFTA). 

Learn step-by-step how you can take advantage of preferential tariff treatment:

  • How to get your tariff classifications right.
  • Understand how your goods will be treated under ChAFTA.
  • Determine whether your goods meet rules of origin requirements.
  • Create documentation that will give your business preferential treatment.
  • Checklists of export documentation requirements and record-keeping.
  • Market entry options including e-commerce strategy.

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North Asia FTA Training Session for SMEs: Cultural Awareness–Negotiating Business in China – Dandenong

Category : Events

Understanding cultural differences can provide telling insights and help to facilitate conversations and negotiations. While some confusion can often lead to amusing misunderstandings it can also make a serious impact on your business relationships.

The aim of this workshop is to help you understand the cultural differences in business to enable you to develop successful relationships in China.

This workshop will enhance your capability to:

  • Understand your customers’ needs and avoid any misunderstanding
  • Appreciate how culture can affect your international negotiations
  • Negotiate with customers and business partners effectively
  • Engage and develop long term relationships with Chinese businesses effectively
  • Go into your meetings informed, confident and ready to do business.

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China & Australia Industry Information Center CAIIC supports the Australian wine industry by providing advice to the Australian Government on matters related to wine including international market access, taxation and industry structure.

The department works with Australian winemakers and grape growers, industry representative bodies, other government agencies and international organisations to provide this support and advice.

The Australian Grape and Wine Authority (commercially known as Wine Australia) is the Australian wine industry’s statutory research and development, marketing and regulatory body, and is funded by levies. The Authority provides export data, market intelligence and other general information for the Australian wine industry.

The Australian wine industry is subject to a number of Commonwealth laws, from taxation to export regulation. The legislation specific to the Australian wine industry is the Australian Grape and Wine Authority Act 2013 and the Australian Grape and Wine Authority Regulations 1981. These provide for, among other things, the Label Integrity Program and the Register of Protected Geographical Indications and Other Terms.

The Act and regulations give effect to the Agreement between Australia and the European Community on Trade in Wine which facilitates wine trade with the European Union—the Australian wine industry’s largest export market.

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Meat, wool and dairy

China & Australia Industry Information Center CAIIC has a key role in promoting more profitable, competitive and sustainable food and agriculture industries, such as the important meatwool and dairy industries.

The meat and livestock industries produce and process meat products and live animals for domestic and export markets. Australia is one of the largest exporters of beef, mutton and lamb in the world, trade which is very valuable to its economy.

Beef cattle production is spread throughout the country, and carried out under varied conditions. Mutton and lamb production is often undertaken with wool production.

While red meat is a top agricultural export earner, there is growing interest in other meat product such as pork, game such as deer, goat and buffalo. Goat meat production is growing.

Wool production is a very common activity on Australian farms. In 2014-15 around 77 million sheep were shorn, producing 428 million kilograms of greasy wool. The value of wool produced in Australia for 2014-15 was $2.6 billion.

The dairy industry is also one of our biggest agriculture producers and Australia is a major exporter, one of the top dairy producers in the world. In recent years the export of live dairy cattle has been finding new markets, mainly in China. Australia’s dairy industry is highly regarded for its efficient production systems and product and systems innovation.

The department works with the meat, dairy and wool industries to improve their trading opportunities. Australia’s farmers benefit from the scientific advice and economic research findings it delivers and from the policies and programs it develops that help improve business, risk and resource management, and the development of innovation. The department quarantine services, export inspections and certification maintain our reputation for plant and animal health.

The department supports industry change and adjustment through policy and program development, and the uptake of new and innovative approaches along the value chain that help agriculture industries improve their responsiveness to the ever-changing market.

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Australia’s export performance in 2016

After a fairly lengthy hiatus (apologies, lots of travel plus some time off) I thought I’d mark my return to our blog by taking a look at what the latest set of annual trade data tell us about Australia’s export performance last year. My colleague, Edmund Tang, has already posted on the headline numbers regarding total two-way trade in 2016, so here I’ll focus in a bit more detail on the export side of the story.

The first thing to note is that, after having declined in 2015, overall export values increased by almost five per cent in dollar terms in 2016, rising by A$14.7 billion to hit A$330.3 billion.

Back in 2015, the total value of exports had been pulled down by a fall in the value of goods exports in general, and a sharp drop in the value of exports of minerals and fuels in particular. Last year, this story went into reverse, with strong growth in mineral and (especially) fuel exports working to push up our overall export performance. Exports of gold and of services also made strong, positive contributions to the aggregate outcome.

The bounce back in key commodity prices seen over the course of last year obviously played a large role in driving that overall expansion in export values.

Exports of minerals and fuels have accounted for more than 40 per cent of Australian exports by value since 2008, and after seeing their share decline over the past two years as falling prices outpaced increased volumes, the 2016 recovery in commodity prices saw a return to a share of more than 43 per cent.

Also worth noting in the context of shifts in our export structure is the continued rise in services in total exports: after falling to a low of about 16 per cent of total exports in 2011, the share of share had climbed back to 21.6 per cent by the end of 2016.

Viewed in volume terms, Australian exports have now outpaced global trade growth for the past five years: our export volumes were up almost eight per cent in 2016, compared to world trade growth running at closer to two per cent. Again, a significant part of that is a minerals and fuels story: greater export volumes are the product of capacity-expanding investment conducted during the mining boom. But volume growth also reflects three consecutive years of strong growth in services export volumes.

Digging into the details a bit further shows that, by product, Australia’s largest exports in dollar terms last year continued to be iron ore (comprising more than 16 per cent of exports by value) and coal (almost 13 per cent), followed by education-related travel services (approaching seven per cent). All top three exports repeated their 2015 ranking. Gold and natural gas swapped places in 2016 relative to 2015, however, with gold moving into fourth place.

Across the top ten exports, the largest increases in dollar terms were experienced by exports of coal and iron ore, followed by gold, education-related travel and personal travel services, with gold showing particularly rapid growth in percentage terms. Meanwhile, exports of beef, wheat, aluminium and professional services all declined in value last year.

By market, China remained Australia’s top export destination in 2016, comfortably holding on to the number one spot as the largest destination for our exports of goods and for our exports of services. Indeed, the rebound in the value of iron ore and coal exports to China mean that the decline in the share of exports going to the market that we’d seen in 2014 and in 2015 has now been partially reversed, although we are still below the peak share reached in 2013.

The rankings of our top four export markets were unchanged in 2016 from 2015, although the UK did swap places with India for fifth spot. That latter change reflected a dramatic surge (of more than 70 per cent) in the value of Australian exports to the UK – an outcome dominated by gold exports – which also drove an increase in exports to the EU as a whole. In absolute (dollar) terms, China still saw the strongest growth in exports, however, reflecting significant increases in the value of exports of iron ore and coal as noted above, as well as strong growth in service exports. In contrast, the value of Australian exports to Japan (reflecting a drop in LNG export values), the United States (which saw a sizeable fall in the value of beef exports) and ASEAN (petroleum and gold export values both down) all fell.

Finally, by region, East Asia continued to account for well over half of all of our export sales – about 64 per cent in 2016. As the chart below shows, however, most of the growth in exports to the region over the past decade has been driven by growth in the share of our exports going to China: Japan’s share has been sliding over the same period while the share of exports to ASEAN and to other Northeast Asian markets has been relatively stable across the last ten years.

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China’s chance to milk Australian dairy expertise

Thirty Australian dairy industry representatives are in China on an Austrade-led trade mission to demonstrate their products, services and technology at the China Dairy Expo.

It is an opportunity for the Australian representatives to meet with dairy firms from around China, including commercial leaders such as Bright Dairy, Mengniu, Yili and New Hope, which are increasingly active on the global stage.

Organisations participating in the Australia Pavilion at the expo include CSIRO, Wellard, Austrex, Genetics Australia Cooperative, Hay Australia, United World Enterprises, Selected Seeds, Standard Commodities Australia, the Australian Wool Testing Authority and McLanahan Corporation.

Austrade’s Trade Commissioner in Chengdu, Christina Goodman, said the mission aims to position Australia as an international leader in dairy production.

“Australia has a reputation for producing healthy and safe dairy products. The mission supports Australia’s role in China as a long-term supplier of dairy products at the top end, and a partner of the Chinese dairy industry satisfying the mass market,” Ms Goodman said.

“Chinese agribusiness companies now operate around the world. The long-term opportunity for Australian industry to work with these companies through services, technology, R&D and product supply now represents much more than just a China market opportunity.”

The delegation will visit the Jiangsu provincial capital Nanjing, home to some of China’s leading agricultural research institutes, including Nanjing Agricultural University. It will also visit Heilongjiang in the northeast, a significant dairy production region, and Nestlé’s US$10 million Dairy Farming Institute, which features a demonstration farm with Australian-born dairy cattle, and sophisticated research and training facilities.

“The China market can be thought of as many regions, not just one. Every province has differences, and in the agribusiness sector, some of the biggest opportunities are in the provinces away from the municipalities of Shanghai and Beijing,” said Ms Goodman.

The China Dairy Expo runs from 16-18 June; the trade mission runs until 21 June.

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China rally sees return of iron ore, steel confidence

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Category : Mining News , News

Both iron ore and steel have surged in China after investors scooped up commodities that were cheapened by a period of losses.

However, this could be shortened by uncertain demand outlooks.

According to the Dalian Commodity Exchange, iron ore futures increased six per cent to $114, while construction steel rebar also added six per cent to nearly $570 a tonne.

Coal and iron ore prices dropped from recent highs after a raise in transaction charges in Shanghai, Zhengzhou, and Dalian, which aimed to crack down on speculative trading, the AFR reports.

Analyst at CRU consultancy in Beijing, Richard Lu, said, “I think it’s driven by speculative trading again.”

In terms of steel, we haven’t seen any real support from the demand side.”

Lu went on to attribute the drop in steel demand to the start of winter in China as freezing temperatures have left many construction projects in the northern parts suspended.

The lower demand, however, could increase iron ore supply at China’s ports. Imported iron ore stockpiles hit a little over 110 million tonnes last week, a 2.83 million tonne jump from the week before – the highest since September 2014.

Share markets closed with significant gains in the mining sector, with BHP surging 96 cents to $25.24, according to The Bull. Rio Tinto had a $1.28 increase to $58.67 and Fortescue jumped 39 cents to $6.12.

Oil and gas also surged this week with Santos rising 15 cents to $4.15 while Woodside Petroleum jumped 71 cents to $30.50.

The rises in the oil market particularly came from returned confidence following the US election.

Michael Gable, Fairmont Equities managing director said, “It reflects the relief that the last six months, with Brexit and the election, is over.”

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Rio Tinto to offload Hunter Valley coal assets to China’s Yancoal

Tags :

Category : Mining News , News

Rio Tinto plans to sell subsidiary Coal & Allied Industries to China’s Yancoal for up to $US2.45 billion ($3.23 billion).

Coal & Allied is Rio Tinto’s thermal coal division in the Hunter Valley region of New South Wales. Its assets include majority shares in the Hunter Valley Operations mine, the Mount Thorley mine and the Warkworth mine. The three operations produced 25.9 million tonnes (Mt) of thermal and semi-soft coking coal in 2016, of which 17.1Mt were Rio Tinto’s share.

The proposed deal with Yancoal involves a $US1.95 billion upfront payment and the potential for a further $US500 million over five years. Once the deal is completed, Rio Tinto will also be entitled to potential royalties.

Rio Tinto chief executive Jean-Sebastien Jacques said the proposed sale was consistent with the company’s strategy of reshaping its portfolio to ensure the most effective use of capital.

We are confident that Coal & Allied will continue to contribute to the NSW economy and the communities of the Hunter Valley under a new owner,” Jacques said.

Rio Tinto has announced or completed at least $US7.7 billion of divestments since 2013, it said in a statement. The company also restructured the ownership of the Coal & Allied assets with joint venture partner Mitsubishi Development in 2016.

Yancoal, which is 78 per cent owned by China’s Yanzhou Coal Mining, would expand an Australian portfolio that already includes seven sites across Queensland and NSW with the transaction.

The ASX-listed Chinese company intends to fund the transaction through a capital raising and entitlement offer of its shares.

Yancoal chairman Xiyong Li said the Coal & Allied deal would be a transformative acquisition for the company and form the basis of its future growth in Australia.

Via the acquisition of Coal & Allied’s high quality asset portfolio, we will be delivering substantial cash flows to the company, quality coal products and long-term relationships with end-users in key global markets,” he said.

The transaction must still be approved by the Australian Government, NSW Government and Chinese regulatory agencies.

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