Comments by "annoyed aussie" (@annoyedaussie3942) on "VisualPolitik EN" channel.

  1. Interesting comments in this thread. Of course China is bullying Australia, a couple of reasons and some misunderstanding of what free trade is. The agreements in place only cover goods for free enterprise in general terms China doesn't have any right to demand public infrastructure is open to Chinese goods and doesn't have any right to demand Australia sell assets to it. Australia can't whinge and complain if Tianamen square is being refurbished and an Australian contractor offers stone tiles at a great price so why should Australia not choose who supplies 5g infrastructure. About 20 years ago Royal Dutch Shell wanted to buyout Woodside Australia's largest oil producer and we said no, the Europeans didn't complain but if it is China they whinge and complain and won't talk to us anymore. The trade war is soft at the moment actually, Australia supplies 53% of the traded iron ore in the world and China buys 69% of the traded iron ore, if trade war was to go hot Australia 53% plus Brazil 18% could cripple China by cutting off supply. Not suggesting we do it and China is probably now paying more for metallurgical coal than it's competitors South Korea and Japan, that's a self inflicted wound. China like the US hates to be in a trade deficit with another country, Australia is the biggest trade deficit for China and visa versa which makes China think bullying has a strategic advantage with us. I don't think it does and now companies will be cautious with dealing with China meaning higher prices than reliable buyers like South Korea, Japan and even Vietnam now. Yes China is causing some pain to Australia but it's not all out trade war yet, it's pot shots from a national perspective.
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