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.
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.
