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 Australia standing up to China, wins trade war, China will diversify gas from Malaysia

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narf03
post May 15 2021, 09:28 AM

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wining ? i wonder how do u justify australia wining ? its china that shutting down trades with australia, its australia that forcing china to open market, its australia that threaten china with military while china just pretend cant hear, cant see.

after china start mining from new iron mines in africa, china will also stop getting iron from australia, which australia increase the price few times, after that, australia will be completely out of the picture, no money in, china trade replaced by allies.

if wining trade war means no trade, i guess you are right.
narf03
post May 15 2021, 09:30 AM

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QUOTE(HuorEarfalas @ May 15 2021, 09:23 AM)
I've always wondered.. do we not having our own raw steel refinery and milling? Is it an economic of scale problem that is preventing this industry from taking off?
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i guess china's selling price is lower than our production cost, will you produce yourself if buying from china is cheaper than making yourself ?

narf03
post May 15 2021, 09:55 AM

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QUOTE(catherintherye @ May 15 2021, 09:47 AM)
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.
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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.

This post has been edited by narf03: May 15 2021, 09:56 AM
narf03
post May 15 2021, 10:13 AM

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QUOTE(catherintherye @ May 15 2021, 10:07 AM)
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 =)
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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.

 

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