China wants an FTA with Australia so that it can get access to our resources at half the world price. The chinese have been calling bluff with so called private companies which, happen to be "State Owned".
Seriously guys did you really think that the chinese where going to spend 1.8 Billion to build a port, railway, and Disney Land. Why our own government won't even spend money on such $$$ elementary infrastructure.
The Chinese want Iron Ore but don't want to pay World Prices. Hence they are going bend over and grease FMG really good. Got a feeling that this is going to turn very ugly. Watch the contracts get torn up as soon as the FTA is signed between Australia and China.
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