There are many things that produced by australia difficult to find alternative market, like lobster, wine, wood, and student, china has 1/5 world population, unless india population is as rich as china, else there is market as huge as china. Even there are existing country can consume them, they have to stop getting from existing suppliers, there is no reason for them to stop getting from existing supplier.

starve or not i dont know, ppl are losing their job is all i know.

anyway there is no need to argue, we can see and compare australia total export in like another 2 months, compare with last year.

India will pick up their economy too, once situation sorted and things start moving. Modi is also launching Make in India and they are trying to bring their economy to the 21st century. It takes time and planning and potential big market there for Australia. It's a matter of fast or slow.

Because things are moving fast, Malaysia has to take opportunity fast, nobody is going to wait for you. We have to anticipate what the future market wants, what kind of product and which country having big gdp with big consumption and we collaborate, dived into that market.

Indonesia is also a huge market for us as their population start moving to middle class.

People can move about freely and now working from home or remote will be common place. Some people earn dollar while working remote from Thailand and some even choose Malaysia. We must be welcoming of people to invest in our country and encourage friendly relation to all.

I don't worry too much on Australia, they are not stupid people, their government will decide what policy good for them as they can vote to change government if not suitable. Unlike our backdoor government, even we voted, still backdoor they come in =)

Australia won't starve one la, they can still trade with others and build market access. Their big neighbor Indonesia, India and US, NZ still trading. It takes some time, but time will pass. It's also ensure China not too dependent on Australia or vice versa. This will help them avoid unnecessary arguments at the moment. Trading has up and down cycle.

It would be foolish for China to put all iron ore basket into Australia or Australia put all their wines to China. Diversify and backup plan is good.

dont put too much hope on india, china spend decades into infrastructure and education, to catch up with china, you need india to move at china's speed and china sit there do nothing for 3 decades. Even india became china, india will still wont consume things that chinese consume, like lobster, its mainly in chinese dish, wont change even india get rich.

malaysia is a racist country, we wont welcome anybody, its ok if they come as a tourist, but if they are making alot of money, we will cancel their contract, take over their business and boot them away, thats our culture. it happened once, happened twice, and will keep happening.

Hahaha.
I like people like u. Suka suka call orang babi, tapi sendiri pun tak ada boat to chase them away.... opps...

Many claims there, may the bigger ships win.

Normally LNG field have fixed customer....china will have difficulty getting alternative....

Not impossible but china may need to buy at higher price in spot market.

Hahaha.
I like people like u. Suka suka call orang babi, tapi sendiri pun tak ada boat to chase them away.... opps...

"Pangggil orang babi".  Orang =foreigners.Not Malaysians.

"...Sendiri pun tak ada boat" SENDIRI. You mean OUR  Royal Malaysian Navy? Unless you are not Malaysian.

True. PRC would have to pay higher in the short-run but long-run it will be cheaper because PRC is expanding gas import from Russia and Central Asia (Turkmenistan if not mistaken).

In the end, this is necessary because Australia is a potential strategic threat. Better to stop relying on Australia right now than during a potential Pacific War.

LNG are tied to long term contracts.
Let's see whether China will dare to break those contracts with the Aussies first.

https://asiatimes.com/2021/05/australia-lar...war-with-china/

Australia largely winning its trade war with China
China is spending more than ever on Australian imports despite punitive trade restrictions on coal, barley, meat and wine

PERTH – Australia is often blamed for putting all its eggs and everything else into one basket then shipping the lot to China.

Those who worry about Beijing’s resultant leverage over Australia may feel vindicated after the travails of 2020 and 2021, but the trade war rooted in geopolitics hasn’t net-net hurt the Australian economy or its crucial commodity exports.

Indeed, China is spending more than ever on imports from Australia, given its reliance on iron ore and liquefied natural gas (LNG), two commodities commanding ever-higher prices on global markets and for which Australia is the world’s largest exporter.

So far China has hit Australian coal, barley, meat, lobsters and wine with punitive trade measures, a tit for tat response to Australia’s call for an independent investigation into the origins of the Covid-19 pandemic that by all credible accounts started in Wuhan, China.

Australia’s A$1 billion wine export industry reported a 96% drop in exports in the first quarter of 2021 after Chinese anti-dumping sanctions hit profits in the fourth quarter of 2020.

After the recent announcement of an “indefinite” halt of the China-Australia Strategic Economic Dialogue, China is now apparently moving beyond beef and booze to target Australian LNG exports.

A Bloomberg report citing unnamed sources said that two second-tier Chinese LNG importers have been told by Beijing not to take any Aussie cargoes of the fuel for a year.
...

Australians very proud they are winning the trade war with China, seething and angry China now seeking revenge, will plan to diversify liquid gas from Australia. I think a lot of LNG suppliers will benefit from business especially Malaysia since we also supply to China. I think more order coming from PetGas, anyone buying this stock? It will rise.

CCP already gave instruction not to renew certain contracts that expired.....I think the other contracts will slowly expire and run it's course. If would be foolish for Australia to sell energy to China, why feed the dragon?

Malaysia should scramble for getting investment and FDI. There always opportunity somewhere, to grab the money and investment. We should quickly welcome investment, get contract, setup factories, set up deal.....because we see the global supply chain realigning their supplies. Money to be made.

Setup vaccine deals, setup gas, petroleum deal, setup palm oil, resource deal, integrate ourselves into realigning supply chain, so we get a piece of the action....

the game here is economy...