The iron ore that Australia delivers to china is essential for them. The local ore is mostly very low grade and contains a lot of elements that cause a lot of pollution.
Recently, Barnaby Joyce spoke about the Beef industry and said that if China was allowed to the entire Australian Beef herd would last 2 weeks in China.
Last election, the mantra was that "Australia is open for business". That is fundamentally different from what is currently happening. The actual phrase should have read "Australia is for sale so the local population will become slaves in the future"
In China, for an outsider to do business they must have a local partner who holds a substantial part of the company. In addition, the international firms that build cars in China are required to enter into a Joint Venture so that China owns 51% of the total. A certain European manufacturer does all their high tech stuff back in Europe but it is only a matter of time before the entire technology will be in the hands of China.
As for racism, I know of a person who was denied entry to a commercial night spot in Hong Kong because she was WHITE.
The art of doing business is to sell our production, not to give away the nation.
