How have we got the Chinese by the short and curlies?
They are our biggest customer for IO and Coal, there are other Coal and IO mines in other countries and then you have the Russians who are looking to sell their oil and gas to China and in fact the Russians and Chinese have been doing deals using the Yuan for trade in Oil and other commodities.
I don't understand how you think any body can have their biggest customer by the short and curlies.
The Chinese also drive the IO/Coal prices, they only have to get lets say 20% more from other countries and Australia will suffer badly, there will be mass layoffs in the mining industry and our revenue will plunge.
As far as I know China has never ripped off or stolen anything from Australia but correct me if Im wrong there.
As for the Chinese buying farming land well it is the farmers who are selling it and the same with Residential property.
Im not sure but I think the Asian investment bank is equal partnerships depending on how much you cough up I guess.
