No matter what way anti-China propagandists spin the Aus-China
coal debacle, Aus coal miners (particularly thermal coal miners)
have been badly hit and are the long term losers, IMO.
https://splash247.com/48-ships-with-australian-coal-still-stranded-off-chinas-coastline/What shipping company in its right mind would load coal at an Aussie Port
bound for China and what's more, what insurer would ensure the safe delivery
of the cargo?
China is playing a long term game here, IMO, and the political short term
manoeuvres & spin of our political parties is more directed to election/re-election
rather than curing our long term economic structural problems.
We have declared ourselves as enemy of China rather than first fixing up
our economic dependance on China by developing our downstream manufacturing
of raw exports , diversifying trade away from China and then (and only then) declaring
China as enemy.
Its called strategic planning, not shooting oneself in the economic foot!
IMO, the current Government should be called to account for its contribution
to the China/Aus trade war rather than accepting its provocation of China as being in Australian interests.
Just ask any Aussie wine exporter, cray fish exporter, barley farmer, forrester or thermal cal miner would they
voluntarily sacrifice their businesses and the livelihoods of heir employees for the democratic rights of
Uighurs , Taiwanese or Hong Kongers and one does not have to be Einstein to know what he answer would be.
We talk of Labor's coal policy being formulated over Cafe Latte in inner suburbs but we dont talk about
our China policy being formulated over Cafe Lattes in inner suburbs too by aspiring billionaires who
think that their absurd dreams will be snuffed out by a rising China.
