Comments by "Helmuth Schultes" (@helmuthschultes9243) on "American Reacts to How Australia is Taking Down China" video.
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China has not dared to stop various mineral and LPG (Natural gas) like the coal, which is already a major problem for China.
If particularly Iron ore were blocked by Australia, the whole zchina economy may well go into collapse no other sources can replace Australian iron ore within several years. Major source Nrazil has present massive mining problrms, combined with that Australian coal is essential to China steel propduction, that inlike power generation can not use the low grade Chinese coal.
Yes Australia would pay a heavy current economic price, but if voal and iron ore alone were cutoff China is in big trouble. Add rareearth minerals, litium niobium, amd other special minerals and major industries die in China. Lithium is of course current BATTERY essential, Niobium for high grade magnets, meaning high performance motors, think appliances, general drive motors but especially EV drives.
LPG has little mention but is sold to China in huge volumes far above Australian own use, and is a major energy source along with coal. Finally Australian Bauxite is needed by China for Aluminium.
Current restrictions on Australian grain has been compensated with Russian and US grain but if China gets deeper into US issues, few other countries can supply enough grain volume. China floods make the imported grain highly essential or major famine may kill hundreds of millions. Note the efforts this year to get the population to stop food wastage. Common in their society is meals with wide variety and ample bulk dises, but often major quantities of food remain at end ofeals, going into trash or for example collected into pig feed. Now pressuee exists to cook only enough to meet consumption punishment exists for over ordering/cooking resulting in unconsumed left overs. As you would know going eating Chinese was based pn ordering multiple dishes shared by the group from larger served portions, rather than each person served a reasonable, if often ample serving of their menu choice. The Chinese, multi dish system normally leaves significant left over, as it is bad to fight for that last amount. Now lookout if caught with excess left overs.
Current trade "punishment" of Australia on Wine and several other things is having some effects, but alternative markets are quickly taking up much of excess production. Wine I understand has several new markets, and has made some very fine wine available locally and export at a lower price. Some relatively luxury goods like lobster and oysters are now available locally at larger volume and better orices. Yes there are market and profit effects, but on the whole not as hard on Australia as China presumed in their hasty trade war introduction.
Within China some resentment by public of being unable to get premium Australian goods or firced to consume lower quality local product, at elevated prices with original Australian goods (wine, lobster oyster, etc) only available almost as black market goods, at exorbitant prices for sufficiently rich (usually CCP official and connected) people.
Well those are my observations and opinions, and I am convinced CCP is aware of the risks of Australia biting the bullet and cutting supply, leading to China in big trouble. Sadly China may try war to force access to what they need.
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