I think it is not because the market does not believe that. Today is a sell off day for all the shares with Chinese market background. See the price of BAL BFC A2M, BWX, they all down by more than 4%.
According to SMH Business news today, Julian Beaumont, Bennelong Australian Equity Partners investment director, said continue to avoid the areas linked to China's fortunes.
The sell off for the share are overdone. China GDP is still growing at more than 6% per annum. They are just changing the core of growth from real estate to consuming. They still have growing interest in buying consumer things made in Australia.
News: WLD Wellard updates on MV Ocean Swagman, page-7
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