TWE 0.04% $11.55 treasury wine estates limited

What is TWE Worth Ex-China?, page-87

  1. 10,782 Posts.
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    Mainland China "says" it's "getting rid of coal for power by 2050'.

    What governments say and what they "do" are discrete.

    Indonesian coal is power quality than ours.

    'Coming to terms with (mainland) China' does not mean sacrificing our democratic Western values.

    Perhaps diplomacy will occur behind the scenes, perhaps ScoMo will eventually visit mainland China (either privately or very publicly).

    Appeasers aren't respected by despots, so TWE may have to suffer short term pain. It's managements' fault if they've allowed one country to dominate TWE exports too much.




 
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