"The economy in China is very strong and their exports to the US are not of such significance that a recession in the US would have a severe impact on Chinese industrialisation, so they're very confident and anxious for these projects to go ahead."
An interesting comment from Mr Moor that I strongly agree with. An interesting story in full too, which reads with a very positive slant (if you take the concerns about bottlenecks out). The WA loss of the 40year, $24B Japanese Inpex Project facility to Darwin was also relatively poorly handled by the sounds of things.
Australia needs to understand that Asia is setting up for THE long term home run for this century and will be patient to a degree, but when the system causes too many delays, variables, long term risks, or changes along the way, they will start to look for alternatives elsewhere (eg: Brazil, Russia, India, Africa, Middle East, etc). Australia has a box seat for the future horizons in a crash world. Let's hope they get it right, because the current US "downturn" is masking realities about Asia demand requirements.
