China – Wander Lust!
China is a very populated country that has a lot to offer. Many visit China for it’s many attractions. But what exactly is there to see in China? Well, let’s take a look at some of the most visited places in China. One of the first attraction, that is a must see, and I am certain most of you already know the name, is The Great Wall of China.
This wall is about the largest wall on planet earth with a unique architecture. This is definitely a must! This wall is about 3100miles long, from the west to the east coast of China. The second attraction would be “The forbidden city in Beijing”. This city was once a palace. Ordinary people, like you and me were forbidden to enter. This city is known as one of the most important palaces around the world. Another beautiful and amazing place to visit would be The Li River in Guilin. The beauty of this river has captured the attention of many people: artists, photographers, tourists.
Nothing added, nothing taken away, this is the real beauty of nature. This river is 83km long. Don’t miss it for the world! Ever wondered why the movie Kong Fu Panda has been animated to have taken place in China? Well it’s because Chengdu is where they originate from. And yes, this is another must see attraction in China. Seeing these animals in their natural habitat is the most beautiful.
If you wish to see pandas up close, you can visit either one of these three places:
- Chengdu panda breeding and research center
- Bifengxia panda base
- Dujiangyan panda valley If you want to experience a breathtaking view, than you must visit the Victoria Harbor. The Victoria Harbor offers an astonishing view of Hong Kong. This makes an excellent sightseeing attraction both during the day and night. China also offers amazing views of sun sets, springs, clouds, rocks and trees.
For this amazing adventure you will have to visit The yellow mountains.
Yellow mountains is considered one of the best three national parks in China. The other two parks are Zhangjiajie National Forest Park and Jiuzhaigou Forest park. If you have time on your schedule, visit all three. They are spectacular experiences. Last but not least, I must mention the Terracotta Army in X’ian.
This is truly historical as this army has been laying under ground for over 2000 years. A couple farmers decided to start digging a well in the year of 1994, and discovered what is now called the Terracotta Army. All the models are life-sized and has a great amount of historical significance, because they represent the best army that China every had It was them who led China to what it is today: a united China. These are just some of the top attractions, but there is so much more to see in China. So when you are planning on visiting China, make sure you have enough time to explore the country and make sure you visit most of the places mentioned above. They are definitely worth your time!
History of the Chinese in Australia
Chinese settlers first came to Australia in hopes of striking it rich with gold. A lot has changed today, hasn’t it?
Most of these settlers were quite poor and relied on this gold to send to their families back in china who were facing financial troubles and have had trouble for years with payments.
This gold rush gave the Chinese hope for a better future with the gold they found. Though despite the riches they found there was much prejudice against them among the European miners and in July 1854 they started an uprising to try and drive the Chinese out The riot was avoided thanks to a local police commissioner.
Many of these uprising and riots to push the Chinese out spread throughout the country, but the Chinese stayed despite the constant hate and strife aimed towards them.
By 1861 the Chinese have begun to grow quite quickly and had a thriving quickly. They quickly made their settlement a busy and successful cultural area and business activity was very common. Even religious and cultural groups were formed. Chinese new year is still a huge event in many parts of Australia today.
Gold eventually started to run out and the Chinese had to find other ways to make a living. So most of them got jobs as market gardeners and farmhands. While others got jobs in the import export business, laundry shops, cabinet making and medicine making.
In the 1850s Chinese immigration became quite difficult but it wasn’t until 1901 when The Immigration Restriction Act was put into place, which greatly declined Non-European immigration including the Chinese through the use of a test called a Dictation Test and current immigrants’ living conditions were strictly controlled. Key Chinese figures against this new law such as Loius Ah Mouy and Lowe Kong Meng and many others protested this actively and in the 1970s the law was lifted and Chinese-Australia trade was significantly strengthened.
Between 1981 and 1991 the population of Chinese in Australia nearly doubled to twenty thousand. The sudden increase was largely due to Chinese students seeking refuge and Citizenship after the Chinese government put down student demonstrations at Tienanmen Square in 1989.
In 2011 a census recorded over ninety three thousand Chinese born in Australia. In recent years many specialist have come to Australia such as Doctors and Business investors. Many more China men and women live here temporarily as students. All of which have made a huge contribution to the rich and important history of this country.
5 Australian surburbs that Chinese investors have their eyes on
The Chinese “invasion” of the Australian real-estate market is very real. It began as exploratory investments by largely sovereign wealth funds, and soon morphed into a flurry of investments by Chinese banks, property developers, institutional investors and China-based ultra high net-worth individuals (UHNWI’s).
For the first time in 2014, Australia saw Chinese investment in real estate spike considerably, with nearly 50% of funds concentrated in commercial properties – up from around 14% back in 2013.
Individuals and institutional investors from China are mainly attracted by the mature gateway market opportunity that Australia offers. By providing higher returns for their capital, a safer investment climate, and higher-quality real estate, Chinese investors see Australia as a more attractive value proposition than investing at home.
The close proximity of Australia also gives investors from the mainland a great way to add international diversification to their portfolios, while also developing their brands internationally. All of this is achieved without straying too far from home.
THE SUBURBAN MARKETS
Melbourne and Sydney have become gateway cities for Chinese real estate investment in Australia, with each accounting for 23% and 20% of mainland capital inflows.
Within the city of Melbourne, the 5 suburbs that are most appealing to mainland investors include:
- Burwood East
- Toorak ; and
- Ivanhoe East
Sydney suburbs that have seen their fair share of Chinese investment include:
- Bondi Beach
- Willoughby; and
- South Coogee
However, Chinese investors are now also looking at Brisbane as another hot spot to diversify their Australian real estate holdings. The 5 Brisbane suburbs that have attracted significant foreign real estate investment include:
- Bridgeman Downs
- Kangaroo Point; and
Chinese investors seem to favor suburbs where access to primary, secondary and tertiary levels of education are easily accessible, and where there is already a significant presence of Asians.
Of the nearly $6.9B spent on real estate by Chinese investors, $5.5B, or nearly 80% went into many of these suburbs, primarily those in Sydney and Melbourne, with levels of transactions being the highest since 2010.
KNOCK ON EFFECTS
Australian law puts limits on purchase of Aussie new-homes by foreign investors, and outlaws the purchase of existing homes. And while there are more stringent changes being discussed to Australia’s foreign investment framework, the outright acquisition of Aussie real estate by the Chinese isn’t illegal.
This has created a knock-on effect in the country’s property market, with Credit Suisse estimating a nearly 14% and 5.6% increase in property values in Sydney and Melbourne respectively. However, analysts believe that Chinese investment (targeting homes at a median price of $1.35M and above) isn’t creating a barrier for local first-time homebuyers, who favor homes at a more modest price-point of $300,000 to $600,000.
While there has been a growing backlash amongst resident buyers to this development the drive from Chinese investors has been a blessing in disguise. Credit Suisse also reports that average Australian net-wealth has grown by roughly 5% in 2014, no doubt some of it as a direct knock-on effect of home purchases by mainland investors.
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Chinese White-goods Manufacture Hisense Goes Green
Hisense, a leading Chinese Manufacturer of household appliances will begin to use Honeywell’s low global warming potential insulation in its various appliances to reduce potential carbon footprint and increase energy efficiency, they announced in a recent press release.
The news is coming as more manufacturers are starting to edge towards reducing environmental impact, both as a way of conserving energy uses/cutting costs and as a way to appeal to a more environmentally conscious customer base.
This is not a first step for Hisense either, they were one of the first large manufacturers to adopt a previous generation of Honeywell’s insulation product, which was also meant to converse energy by insulating appliances like refrigerators, freezers, and clothes dryers.
The insulation comes in the form of a “blowing agent”, was previously widely used in its first incarnation “Enovate” blowing agent, but is now expanding to the more recent updated version “Solstice LBA”.
“Solstice” is used worldwide in an effort to reduce Ozone layer impact and avoid potential adverse environmental effects from the various appliance products. It is not known how long it will take for a complete saturation of the marketplace with the new environment friendly products, but China manufactures nearly 100 million refrigerator products yearly, which is the most of any country on the planet. Hisense is one of the leading Chinese suppliers, so one would expect the saturation to happen rather quickly.
In additions to freezers, AC units and refrigerators, Hisense is also a known manufacturer of washing machines, stackable washer dryers and other household equipment. The use of ozone-friendly and energy efficient insulation in these washing units will reduce the overall energy cost of the products, something which should appeal to many consumers, as energy use is a main cost factor of larger household appliances.