In this episode of The Negotiation podcast, host Todd Embley is joined by Tom Parker, National CEO of the Australia China Business Council (ACBC), for an insightful discussion on the evolving dynamics of Australia-China relations and the expanding opportunities for Australian businesses in China.
Tom begins by introducing ACBC, outlining its mission, membership, and the vital role it plays in supporting Australian businesses looking to enter or expand their presence in the Chinese market. He discusses recent positive shifts in the Australia-China relationship, including the significant impact of the Australian Prime Minister's state visit to China in November, and the recent removal of Chinese tariffs on Australian wine which marked a pivotal moment in improving trade relations.
The conversation then turns to the broader implications of these warming ties, identifying key growth opportunities for Australian companies in sectors beyond wine. Tom highlights the enduring popularity and positive reputation of Australian consumer brands in China, delving into why products from 'down under' resonate so well with Chinese consumers and which sectors are currently thriving.
From a domestic perspective, Tom shares insights into the sentiment of the Australian business community towards China, reflecting on the challenges and optimism prevalent among entrepreneurs and corporations. He also discusses the overarching message that ACBC is promoting within Australia to foster a supportive environment for bilateral cooperation.
Discussion Points:
The Year in Review | 2020's Greatest Hits
Matthew Brennan Part 2 | The Middle Platform & Turning Cringe Into Crave
Matthew Brennan pt. 1 | Attention Factory - TikTok & China's ByteDance
Colin Bogar | The Future of China's Real Estate Sector
Simon Zhao | China's Housing Bubble vs. Protecting the RMB
Jacob Cooke | Returning To A New China
Bruno Schiavi | Taking Hemp & CBD to China
Kevin Xu Part 2 | Interconnecting the Politics of China and the USA
Kevin Xu | Open Source in China & Working at the White House
Tom Parker | Taking Australian Football to China
Bertrand Schmitt | App Annie & The Rise of Mobile in China
Jesse Chester | China's Sweet Tooth
Kimberly Kirkendall | How To Evaluate a Business Opportunity in China
Aynne Kokas | How China is Changing the Way Hollywood Makes Movies
Hendrik Laubscher | Why China is Leading the World in eCommerce Logistics & Warehousing
XinYi Lim | Pinduoduo's Change in Leadership, Differentiating and Understanding C2M, and Why Live Streaming is Everything Right Now
Wei Liang | Digging Into US/China Foreign Policy, Discussing The Belt & Road Initiative and the Asian Infrastructure Investment Bank
Gen Kanai | Tech in Japan: How Google Won, eBay Lost, and Why Twitter Couldn't Lose, & Lessons Learned Growing Mozilla in Asia
Benjamin Qiu | China's First RMB Accelerator Fund, The Development of China's Legal Landscape, & Exit Options For Startups in China
Shanshan Tang | Alibaba as a "Digital Economy", Tmall vs. Tmall Global, and Alibaba's Leveraging of AI
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