@unreelboat, I heard the Chinese Ambassador speak I took great offense at the words and his threats of financial retaliation. If they are not guilty then what are they afraid of. Unfortunately they are playing the retaliation card every time they are questioned on any aspect of their governance.
I have said in the past I have no issue with the Chinese people but pity them having such corrupt, inept leadership who are more concerned with staying in power and enjoying the perks of office and money that comes from a dictatorship that makes sure the price of admission is you are corrupt as them and you care more for power and wealth than making life better for the people of China.
I bet the shareholders of TWE were sweating hearing him threaten to boycot Australian wines. Luckily for us we are a NZ based company. I know the NZ government does not like to forced to bow to their wishes but their whole economy is based on being the clean green food bowl of their western neighbors. They do have the world by the short and curlies but if the keep up that threatening smack talk the world is going to rise up as one and take them on on their bluff. As a shareholder I am flustered as much as I would like to take them on I have to mindful of which companies I have invested in and where they derive most of their income from.
As long as NZ stays neutral in this situation then we are safe and like you say we might actually benefit big time if they follow thru their threat of retaliating and cutting off US and their affiliated allies products in this conflict.
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