Perth Chinese Consul-general suddenly returns to China, page-10

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DavoMagic

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21/05/20

16:41

Post #: 44756632
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Originally posted by moorookamick: ↑

We are already exporting Io & Met coals to japan, Korea & Taiwan & India prefers to use its own.

Where can we export IO & met coals to?

Not Europe because the EU has prohibitave import duties and the USA has not shown any inclination to import either in the past
despite having a FTA with the USA since 2005!

The USA has already horned-in on our China market share in coal & LNG ; thanks to the Trump shenanigans .

How long will it take us to realise that the USA is our competitor and China is our customer.?

Last year we ran a $45 billion trade surplus with China and a $2 billion trade deficit with the USA.

Surely we should be keeping our powder dry until Trump leaves the scene, pocket the profit on our
exports of Iron Ore, Coal & LNG to China ( not the multinationals) and then build our own Aussie owned
steel mills, diversify trade by supplying the emerging 3rd world economies with energy & steel (China is doing that now)

That's what global capitalism is all about. If we dont believe in global capitalism, then why do we worry about a CCP led
China?

As a small world power we are better to remain neutral so that silly economic trade wars that are politically/ideologically driven
do not impoverish us. Just do a Norway/Sweeden/Finland...be a peace broker and a mediator rather than trying to pick winners...eh?
I know that we like to skite that we punch above our weight on the world stage but that's worth bollocks when we're kicked in the crigs...eh?

Expand

Export IO to Russia. Russia has the scope to develop and land mass

Europe is going broke, they will need cheaper coal at some point

Last edited by DavoMagic: 21/05/20
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