ipl-logo

Why Is ANZ Important For Australia To Trade With China?

692 Words3 Pages

There are many Australian businesses that have succeeded in China, including companies such as ANZ and Michell Group. ANZ has been operating in China since 1986 when a representative office was opened in Beijing. ANZ has since been trading in several major Chinese cities providing products and services relating to retail, corporate, institutional, commercial and transaction banking, financial institutions and global markets. The success of ANZ in China has been aided by the fact that it is the only Australasian based bank with both local and foreign currency commercial banking capabilities in Mainland China. A final significant area of opportunity to trade with China is pork. More than half of the pork eaten worldwide in 2013 was consumed by the Chinese. Appendix three displays the substantial increase in Chinese pork consumption compared to the US throughout the period of 1960-2012. China is so reliant on pork that the government has a reserve of live and frozen pork, which is rotated every 4 months to ensure its quality. A second area of potential for Australians to trade with China are luxury goods, such as red wine. China is the world’s biggest consumer of red wine, with 1.86 billion bottles sold in 2013. Since 2005 wine sales in China have increased by 175%. …show more content…

Firstly, the Chinese are becoming more health conscious and aware of what is in the foods they are eating. Due to this, the demand for organic foods and increased significantly, according to the Global Agriculture Information Network, Chinese consumption of organic food with increase to $8.7 million by 2015. Not only do the Chinese wish to eat organically grown foods, there is also a growing market for health products, such as supplements. HKTDC Research estimates that by 2015 the value of the health food market in China will be more than $100

Show More
Related

International Trade Dbq Essay

1640 Words | 7 Pages

In the 1500’s the world was run on an Independent world, which meant that all countries were depending on their selves. Throughout the early to late 1500’s countries were trading with each other for goods either with money or other goods that other countries were unable to produce themselves. There were trade circles all over the world that trade runners would travel to unload their cargo and stock up products they receive from trade. These countries were trading materials such as gold, sugar, tobacco, and metals, and other raw materials that were valuable. By the 1700 the world was turning more interdependent.

Read More

Interregional Trade Dbq Essay

840 Words | 4 Pages

AP summer assignment Trading has always been an integral way in which people spread technological ideas, religion, culture, etc. Some religions such as Islam have put the importance of merchantry in their holy book the Quran. Some people like the chinese wanted to impress people with their treasure fleets. However, in order for most people to trade there has to be a routes people they will take to reach their destination. This brings me to the following reason why interregional trading increased.

Read More

Analysis Of William Saletan's Please Do Not Feed The Humans

631 Words | 3 Pages

More cheaper and “efficient” products mean more money coming their way. As people are getting more greedy with their income, the people who can not afford the better choice of a healthier diet are getting unhealthy. “More sweeteners, salt, and trans fat. Cheaper meat, more animal fat”, Saletan expressed. As a server at a ramen restaurant, I fully understand how this works.

Read More

International Trade Dbq Essay

465 Words | 2 Pages

Trade has been a driving force in global history, shaping societies and economies across the world. It helped bring in many resources to other countries through cultural diffusion and opened new opportunities for citizens. Nevertheless, trading has also caused overproduction in certain areas and limited resources available. Trade has been shown in global history through Middle Eastern trade routes (Document 1), Timbuktu during the height of the Mali Empire (Document 2), and Caravans from the northern coast (Document 2). Trade had a significant impact on culture and society.

Read More

Review Of Why Is More Than A Grocery Store To Eliminate A Food Desert

752 Words | 4 Pages

Summary and Review of Why is takes more than a Grocery Store to Eliminate a Food Desert Sarah Corapi’s article, Why is takes more than a Grocery Store to Eliminate a Food Desert, addresses the important issue of “food deserts”: the health issues imposed on the people living in these areas, what steps have been made to improve these unacceptable areas, and what work there is yet left to do. In the PBS article Mrs. Corapi interviews Professor Steven Cummins, whom had worked in a study over what kind of impact a new grocery store had made on the people living in a Philadelphia town. The results were more than somewhat shocking. Despite having better access to healthy foods, it seemed that many people remained trapped in their poor eating habits.

Read More

Omnivore's Dilemma Book Report

498 Words | 2 Pages

After learning the truth about our country’s food systems, I have become more skeptical of mass produced foods and the processes the animals go through to become the food we eat today. Good and healthy food is very important to myself and to my family. Food means a lot in my family. A meal is an essential part of each day. While sipping my delicious soup, that my grandparents would make for my me

Read More

Summary Of Escape From The Western Diet

903 Words | 4 Pages

Michael Pollan’s article “Escape from the Western Diet” has provided the knowledge on effects of consumption of western diets which is mostly a processed food and the benefits of consuming a wholesome food which is farm fresh. In contrast, David Freedman’s article “How junk food can End Obesity” compares the nutrition level and healthiness of wholesome and processed food and also discusses the obesity issues and how to tackle it through the proper diet. According to pollan, the nutritionist or scientist published many theories on food which leads to chronic diseases, but such theories are not used to make a healthy diet, instead it has used by food industry and medical community to improve their profit margin. Pollan suggested that to prevent

Read More

Farm City Summary

1122 Words | 5 Pages

Simple small steps like this can break the paradigm of bad eating habits, which will lead us to a healthier organic food industry. Being a persistent and responsible consumer is the power we hold for change if we really believe in moving towards a better

Read More

How Does The Mining Industry Affect The Australian Economy

156 Words | 1 Pages

Introduction Mining is the backbone of the Australian economy. This essay contains two parts where demonstrate Australian mining industry’s current status and its positive and negative impacts on Aboriginal communities relating to Aboriginal history and issues with real examples. Also analyze the relational art and design relating to the Tarnanthi Festive and sponsorship of BHP Billiton to the event. Australian Mining Industry Australia is in the period of mineral and energy development and has experienced a series of mining development over the years with the features of mining investment and substantial increase in mining output. Australian mining industry began at the end of the 18th century with the founding of coal, and boomed and depressed

Read More

The Tang Dynasty: China's Golden Age

1408 Words | 6 Pages

The government largely promoted trade because it was their main source of revenue. Trade was the main business in China at the time and it was the main source of the money flowing through the country. Another reason the government benefited financially, was the taxes they collected. They charged exorbitant taxes for land trade routes and still charged a substantial amount by way of the Grand Canal. They kept open borders, allowing for foreign trade.

Read More

Using Social Media's Correlation For Ensuring Organic Food

326 Words | 2 Pages

In addition, one can predict that organic food has a gradual increase in advertisements in social media

Read More

Unit 407: International Business Strategy Of ANZ Banking Corporation

3578 Words | 15 Pages

3 ANZ APPROACH TO INTERNATIONAL TRADE ANZ will leverage on the opportunities provided by The Asian Century, (ANZ Banking Corporation, 2012). The bank will need to respond to the competitive pressures of, and not only restricted to, the other banking pillars of Australia to enter and be successful in this market, but other global banks wishing to take competitive advantage of Asia’s growth opportunity, this report has a particular emphasis on its strategic planning for continued growth in its PRC operation. Integration socially, economically and politically within the region will be of paramount importance.

Read More

Pestle Analysis Of Mcdonald's

905 Words | 4 Pages

However, public health policies increasingly discouraged consumers from eating fast food such as from McDonald’s, with links to high cholesterol and obesity problems as seen from its country-of-origin, the US. Nonetheless, this threat can be an opportunity for McDonald’s to improve the healthfulness of its food and tap on the huge potential market. Economic changes around the world affect McDonald’s industry and environment given its transnational nature. McDonald’s largest market, the American economy, experienced stable but slow

Read More

Healthy Food Is More Expensive Than Unhealthy Food Essay

1029 Words | 5 Pages

One thing is to eat healthy and another thing is to eat organic. Big

Read More

Macro Environmental Analysis Of Nike

2130 Words | 9 Pages

However, in China, there are a lot of people whose income are low, they absolutely will not buy those products. It reduced the market share. Promotion strategy and

Read More

More about Why Is ANZ Important For Australia To Trade With China?

Related Topics

Open Document