So your logic is China because they decide supply price is entitled to make sure that there is a super ready supply to met their agenda? Seems to be going against what Twiggy was banging on wrt Oz major revenue earner.
Lower level of pollutants by Chinese industries means that they are ready to move to the next stage of their economic development ie. financial and services industries. In other words less manufacturing cheap rubbish and move up the chain of value added products in addition to less dependent on passive fix asset investments (Condos). Definitely IOP positive?
I think Oz should start crafting smarter policies promoting additional industries instead on reliant on a specific product and start finger pointing when that revenue stream is not meeting budget expenses. Years ago when the first comments of the "tulip fever" and all the problem associated with it is coming home to roost now. Again we are just myopic in planning for the future back than and continually myopic in finding short term solution currently.
Blame game continues ... Far easier than to find political will to lead.
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