{"id":5449,"date":"2014-08-24T23:32:46","date_gmt":"2014-08-24T23:32:46","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=5449"},"modified":"2014-08-24T23:33:21","modified_gmt":"2014-08-24T23:33:21","slug":"australian-mining-missing-out-on-chinas-investment-money","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=5449","title":{"rendered":"Australian mining companies are missing out on China\u2019s investment money"},"content":{"rendered":"<figure id=\"attachment_5451\" aria-describedby=\"caption-attachment-5451\" style=\"width: 550px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-5451\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2014\/08\/yumin550.jpg\" alt=\"Mark Yumin Qiu, the chief executive officer of a Chinese-backed gold company preparing to mine in Western Australia.\" width=\"550\" height=\"319\" data-id=\"5451\" srcset=\"https:\/\/juniorminingnews.com\/wp-content\/uploads\/2014\/08\/yumin550.jpg 550w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2014\/08\/yumin550-300x174.jpg 300w, https:\/\/juniorminingnews.com\/wp-content\/uploads\/2014\/08\/yumin550-500x290.jpg 500w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><figcaption id=\"caption-attachment-5451\" class=\"wp-caption-text\">Mark Yumin Qiu, the chief executive officer of a Chinese-backed gold company preparing to mine in Western Australia.<\/figcaption><\/figure>\n<p><strong>By Tess Ingram<\/strong><br \/>\n<em>Australian Financial Review<\/em><\/p>\n<p>A new model is needed to deal with the friction in the business relationship between Chinese investors and Australian resources projects, industry experts say.\u00a0Failed investment ventures, project specific problems and a failure to appropriately communicate Australia\u2019s desire for Chinese investment have made investors from the Asian powerhouse more wary of investing in Australian resources.<\/p>\n<p>Australia China Business Council president Ian McCubbin says traditionally, Chinese investors have sought to establish greenfields projects, either on their own or in joint ventures with Australian companies.\u00a0\u201cThat model for various reasons has struggled,\u201d Mr McCubbin said.<\/p>\n<p>\u201cIssues arise largely out of project specific concerns, be they environmental or labour-related issues or other contributors to project delays. From that aspect, I think Chinese companies have formed the point of view that investing in a greenfields project, even in joint venture with an Australian Securities Exchange-listed company, can be quite difficult.\u201d<\/p>\n<p><a href=\"http:\/\/www.afr.com\/p\/business\/companies\/mining_missing_out_on_china_money_DdCzHbHBDtw05pmv4eXIRL\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new model is needed to deal with the friction in the business relationship between Chinese investors and Australian resources projects, industry experts say. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[15],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/5449"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5449"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/5449\/revisions"}],"predecessor-version":[{"id":5453,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/5449\/revisions\/5453"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}