Quote:
|
Originally Posted by Graebarde
It's only money friend. China only wants your money and resources.
|
So true. It scares me actually. What China really, really wants is Australia's coal and iron ore. Chinese government-owned companies are trying to buy up the biggest stakes they can in Australia's (and especially Western Australia's) iron ore companies and reserves. And they are becoming increasingly keen on the idea that we'll sell them uranium too.
We here in Australia very much enjoy the massive economic boom that China's money provides but lets face it - if they could get away with it they just take our resources rather than buy them. If the US ever goes down the toilet in a big way Australia will be in for a world of hurt.