What a lot of Barley..China threatens Australia's exports
Re: What a lot of Barley..China threatens Australia's exports
Aussie is in a good spot to do more business with India and less business with China.
- truffledog
- Expatriate
- Posts: 1662
- Joined: Sat Mar 07, 2020 4:54 am
- Reputation: 1030
Re: What a lot of Barley..China threatens Australia's exports
Spot on comment.SternAAlbifrons wrote: ↑Wed May 13, 2020 12:23 pm The problem is that Australian made steel cost far more than Chinese made steel. And same for nearly everything else that is manufactured.
#101 stuff.
Any instant solutions for that one?
There is no instant solution but in the longterm a "small population" country need to diversify into unique products and services without beeing dependant from one single country, especially not China. Dont forget that the demand from China has also made many OZ "rich" in the past 15 years. I remember young people getting 150K a year for working in the mines..and the strong demand for AUD due to the solid exports may have caused a disparity between the REAL value of that currency....but those times may be over.
Australia is full of wunderful places, attractions and people so tourism is surely a growth area which can compensate the losses incurred by not exporting to China anymore. With the AUD so low at the moment travelling Australia is on the affordable side again for many pockets. Instead of spending so much for military purposes money should be put into education of its nationals as to be on the front of the future challenges. Easy said, Australia also need the right people in charge on the political side to get the change done.Those Australians who profit from the China trade will be big opposers and may have a lot of money to fight any changes.
work is for people who cant find truffles
- Bitte_Kein_Lexus
- Expatriate
- Posts: 4421
- Joined: Sun May 18, 2014 7:32 pm
- Reputation: 1325
Re: What a lot of Barley..China threatens Australia's exports
Prevent Chinese from studying in Oz, diversify your markets and say screw China.
Ex Bitteeinbit/LexusSchmexus
Re: What a lot of Barley..China threatens Australia's exports
thats good. The world wasnt that bad of a place until the Chicoms fucked it up, was it. I mean, even now, folks like you, with nothing to say, get to still spout your nonsense in public. You dont even have to do it in Russian.
Naturam expelles furca, tamen usque recurret. Horace
Just because you are paranoid doesn't mean they arent out to get you. Pynchon
Just because you are paranoid doesn't mean they arent out to get you. Pynchon
Re: What a lot of Barley..China threatens Australia's exports
Yeah, thats right, Uncle Sam will bail you out again.truffledog wrote: ↑Wed May 13, 2020 2:04 pmSpot on comment.SternAAlbifrons wrote: ↑Wed May 13, 2020 12:23 pm The problem is that Australian made steel cost far more than Chinese made steel. And same for nearly everything else that is manufactured.
#101 stuff.
Any instant solutions for that one?
There is no instant solution but in the longterm a "small population" country need to diversify into unique products and services without beeing dependant from one single country, especially not China. Dont forget that the demand from China has also made many OZ "rich" in the past 15 years. I remember young people getting 150K a year for working in the mines..and the strong demand for AUD due to the solid exports may have caused a disparity between the REAL value of that currency....but those times may be over.
Australia is full of wunderful places, attractions and people so tourism is surely a growth area which can compensate the losses incurred by not exporting to China anymore. With the AUD so low at the moment travelling Australia is on the affordable side again for many pockets. Instead of spending so much for military purposes money should be put into education of its nationals as to be on the front of the future challenges. Easy said, Australia also need the right people in charge on the political side to get the change done.Those Australians who profit from the China trade will be big opposers and may have a lot of money to fight any changes.
Naturam expelles furca, tamen usque recurret. Horace
Just because you are paranoid doesn't mean they arent out to get you. Pynchon
Just because you are paranoid doesn't mean they arent out to get you. Pynchon
- John Bingham
- Expatriate
- Posts: 13779
- Joined: Sun Dec 07, 2014 11:26 pm
- Reputation: 8977
Re: What a lot of Barley..China threatens Australia's exports
Approximately $12 Billion (AUS) is brought in by Chinese students studying in Australia every year. How can you diversify your markets when you are selling so many resources to China?Bitte_Kein_Lexus wrote: ↑Wed May 13, 2020 2:53 pm Prevent Chinese from studying in Oz, diversify your markets and say screw China.
Silence, exile, and cunning.
- Bitte_Kein_Lexus
- Expatriate
- Posts: 4421
- Joined: Sun May 18, 2014 7:32 pm
- Reputation: 1325
Re: What a lot of Barley..China threatens Australia's exports
Hey, I'm not saying it's easy, they made their own bed a long time ago. A lot of Aussies I know have been complaining for years about the increasing reliance on china and the sale of assets (both private and public) to them, including strategic ports and the likes. I think they probably came off as loud "Ozzie Ozzie Ozzie Oy Oy Oy" redneck types, but as it turns out they were right all along.
Ex Bitteeinbit/LexusSchmexus
- truffledog
- Expatriate
- Posts: 1662
- Joined: Sat Mar 07, 2020 4:54 am
- Reputation: 1030
Re: What a lot of Barley..China threatens Australia's exports
by heaviliy promoting australian studies in other countries to replace them?John Bingham wrote: ↑Wed May 13, 2020 4:38 pmApproximately $12 Billion (AUS) is brought in by Chinese students studying in Australia every year. How can you diversify your markets when you are selling so many resources to China?Bitte_Kein_Lexus wrote: ↑Wed May 13, 2020 2:53 pm Prevent Chinese from studying in Oz, diversify your markets and say screw China.
work is for people who cant find truffles
Re: What a lot of Barley..China threatens Australia's exports
if it wasnt for russia, its possible we could all be speaking german now
i dont expect you to know why
its easier to believe your 'education' system
america protecting freedom of speech? LOL. mlk, assange, manning, et al.
i don't have as much hatred as you, in fact none, guess you and the people you mix with find that weird.
your ignorance is astounding.
spend more money on education, bro.
[Mod edit: @fazur @WildA enough of the bickering and off topic posts on this Australia topic or you get a short break]
- Clutch Cargo
- Expatriate
- Posts: 7744
- Joined: Mon Mar 26, 2018 3:09 pm
- Reputation: 6003
Re: What a lot of Barley..China threatens Australia's exports
Our resources and services whether that be uni education, barley, coal, iron ore, wine, beef whatever.. has a value in the market. Now it is the case that Australia has gravitated in the last 20 odd years to China to a point where 38% of all our exports go there because presumably they either paid a higher price, take higher volume, sign longer contracts whatever.. But nevertheless what we have to offer has value and wanted by other countries.. not just the PRC..look at the other emerging SE Asian countries Vietnam, Malaysia, Indonesia, Thailand, Philippines et al. We already do good trade with Japan, Korea and Taiwan.John Bingham wrote: ↑Wed May 13, 2020 4:38 pmApproximately $12 Billion (AUS) is brought in by Chinese students studying in Australia every year. How can you diversify your markets when you are selling so many resources to China?Bitte_Kein_Lexus wrote: ↑Wed May 13, 2020 2:53 pm Prevent Chinese from studying in Oz, diversify your markets and say screw China.
But when a customer becomes feral in the sense that they threaten to cancel those contracts and/or boycott your products coz we don't necessarily follow and agree with their ideology and propaganda and set up Australia as an example to the world by punishing us, then, it seems that we are better off as member BKL said above.. to diversify our markets elsewhere and reduce our dependence on them.
Now, that may mean short term pain to move to different customers and supply lines and even perhaps accepting lower prices for some of our goods or terms that are not as favourable. However, I do think that Australia does need to wake up and realise that accepting best price and volume from 1 key customer adds a lot of risk. Something that is becoming clearer and clearer in recent times. If we diversify, in the longer term we won't have to kowtow to any one country and we will better off for it imo.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 2 Replies
- 1791 Views
-
Last post by Roryborealis
-
- 103 Replies
- 18309 Views
-
Last post by SternAAlbifrons
-
- 18 Replies
- 4295 Views
-
Last post by John Bingham
-
- 2 Replies
- 1323 Views
-
Last post by nemo
-
- 30 Replies
- 7089 Views
-
Last post by Feelgood
-
- 8 Replies
- 2882 Views
-
Last post by nemo
-
- 11 Replies
- 5407 Views
-
Last post by CEOCambodiaNews
Who is online
Users browsing this forum: Clutch Cargo, Stravaiger and 653 guests