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You are correct Dave--living standards and wages will...

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prosperman

14,681 Posts.

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09/11/14

11:53

Post #: 14259057
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Originally posted by Dave R ↑

That would be fine perseng if economic, living and social standards in Australia and China were about the same. But there is in fact a vast difference. This deal is all about equalising things and for Australia and most Australians that would mean a big fall in living standards and values.
Dave R.

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You are correct Dave--living standards and wages will drop---problem---the horse has already bolted--manufacturing --all gone--the Chinese are now moving to the higher quality end of the market---at a cheaper cost basics.Learn to talk Mandarin or Cantonese as the new money is all Chinese.If we want to compete get use to the rice !!
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