You dont get the point:In our own interests we dont want to balance trade with China because up to Covid we were $60 billion ahead...that is Aus Trade Surplus!
Our objective should be:-retain our $60 billion trade surplus with China (ie: we sell them$60 Billion more than we buy from China) but at the same time downstream processour minerals so that we have a host of customers, not just China, Japan & Korea.
Our mining boom/bust cycles of the past was based on others : Japan before and afterWW2 , Korea & now China.
If the USA is successful in wrecking China in the morning (as it did with the USSR) then we are bankrupt with our only salvation being the World bank (USA) & the IMF (Europe) and any bail out by either or both will rob us of our soverignty.
At present China is diversifying trade ( ag supply chain) away from Aus at our expense ; not the other way about!
