Will China end up owning the World?

[SirRumpole]

The products will probably be sold to the highest bidder in the free market, just as any Aussie farmer sells their products, I don't know of an Aussie farmer who would deny sending his wheat to China if he were to earn an extra $5 per tonne by doing so, do you not think we aren't exporting ship loads already??

Did you even bother looking at that video you posted ?

If we keep selling off the farm then one day we don't have enough food to feed ourselves because it's all going o/s.

Then we have to impose export restrictions , then China gets angry about that, then they send some naval vessels to ensure they get "their" products and then what ?

I think I know who is going to win from then on.

 

[Value Collector]

Did you even bother looking at that video you posted ?

If we keep selling off the farm then one day we don't have enough food to feed ourselves because it's all going o/s.

Then we have to impose export restrictions , then China gets angry about that, then they send some naval vessels to ensure they get "their" products and then what ?

I think I know who is going to win from then on.

Mate, regardless of whether the owner of the farm is Australian, Chinese, English or South African he or she will sell their produce to the highest bidder.

As I said earlier, do you really think the current generation of Aussie farmers are resisting the urge to export their produce because they have a duty to supply it cheaper to their countrymen? Offcourse not.

The answer is not restrictions on foreign ownership, any investment in the agricultural sector we can get is a good thing, if we want it to be more Australian owned, then more Aussies need to invest.

Can I ask, do you currently invest is the agricultural sector?

 

[SirRumpole]

Mate, regardless of whether the owner of the farm is Australian, Chinese, English or South African he or she will sell their produce to the highest bidder.

As I said earlier, do you really think the current generation of Aussie farmers are resisting the urge to export their produce because they have a duty to supply it cheaper to their countrymen? Offcourse not.

The answer is not restrictions on foreign ownership, any investment in the agricultural sector we can get is a good thing, if we want it to be more Australian owned, then more Aussies need to invest.

Can I ask, do you currently invest is the agricultural sector?

We obviously have a fundamental difference in approach to "markets". You totally ignore national interest which is the driving force of Chinese investment and you think that everything is about individuals. I don't take that view, but I don't believe in socialisation either.

We can have the best of both worlds if our sovereign wealth fund invests locally (what else is it there for).

As for getting "more Aussies" to invest, most people these days are struggling to pay for their own homes thanks to people (like you perhaps) gazumping them on purchase price and then charging exhorbitant rents.

Added to that , how is 24 million private investors supposed to compete against State backed investment of 1 billion people ?

You have to recognise realities and it seems your free market ideology (religion maybe) is blinding you to that reality.

 

[Value Collector]

Added to that , how is 24 million private investors supposed to compete against State backed investment of 1 billion people ?

.

Do you have any information that suggests the farm acquisitions are state enterprises?

any way, there is already good aussie companies making profitable investments, there is just not enough of them.

It's not like the Chinese have forced Aussies out, Australian under investment in the sector has created a vacuum.

 

[SirRumpole]

Do you have any information that suggests the farm acquisitions are state enterprises?

The whole of China is a State owned enterprise.

Any so called Chinese "private company" is a either a front for the State or a corrupt apparachik looking for a money laundering operation.

Do you really need me to tell you that there are t1ts on a cow ?

 

[Value Collector]

Any so called Chinese "private company" is a either a front for the State or a corrupt apparachik looking for a money laundering operation.

Well, that's just False.

There are plenty of private companies and loads of private investors.

 

[SirRumpole]

Well, that's just False.

There are plenty of private companies and loads of private investors.

It doesn't matter either way, the products and the profits go elsewhere.

 

[Value Collector]

It doesn't matter either way, the products and the profits go elsewhere.

As I said, there is massive under investment by Australians, so it's not stopping any Australians investing.

If they are lucky they may earn 5% of their revenue in profits, the other 95% will be cycled back into the Aussie economy.

Even their profits may be cycled back into the economy, via further investments or spent on consumption within Australia, That 5% profit may be exported, but so what, they earned it and they probably have to export 100% of profits for 10-20 years before they have actually taken money out of our economy when you factor in the price paid to the farmer for the investment.

The products will go to the highest bidder, as they always will, we are an exporter of food anyway, and we can produce more food, lots more if we get the investment.

 

[Value Collector]

It's a global economy, mercantilism is dead.

 

[SirRumpole]

It's a global economy, mercantilism is dead.

Tell that to the Chinese.

 

[Value Collector]

Tell that to the Chinese.

They are reforming faster than any European country did

 

[SirRumpole]

They are reforming faster than any European country did

Of course they are, with an authoritarian government in charge, everyone has to tow the line.

But do you really think China will become a truly "free" market ? Of course it won't, the communists will still be in charge.

 

[Value Collector]

Of course they are, with an authoritarian government in charge, everyone has to tow the line.

But do you really think China will become a truly "free" market ? Of course it won't, the communists will still be in charge.

I don't think they have a choice long term, they can either make slow steady changes themselves, or face a revolution, and they probably fear revolution more than slow steady change.

But that's got nothing to do with how the Chinese investors in Australia act, some of them have money to invest, and we have an under capitalised sector creating a vacuum that needs funds.

 

[SirRumpole]

But that's got nothing to do with how the Chinese investors in Australia act, some of them have money to invest, and we have an under capitalised sector creating a vacuum that needs funds.

The Australia Future fund has net assets of $117 billion.

A part of that would fill the vacuum in agriculture investment.

 

[Value Collector]

The Australia Future fund has net assets of $117 billion.

A part of that would fill the vacuum in agriculture investment.

I doubt it.

 

[CanOz]

The Kidman bid has been withdrawn....good on Scott Morrison for all but opposing this. If the Chinese want land in Australia, or anywhere else for that matter, let them sign 75-100 year leases. A bit of their own won't hurt them.

 

[Gringotts Bank]

The Kidman bid has been withdrawn....good on Scott Morrison for all but opposing this. If the Chinese want land in Australia, or anywhere else for that matter, let them sign 75-100 year leases. A bit of their own won't hurt them.

I hope they don't get any more pushy in the South China Sea. Deserted, tropical atols are being transformed into ugly, concrete miltary bases at a rapid clip. There's nothing that will stop them linking them up eventually. Bloody awful.

 

[CanOz]

I hope they don't get any more pushy in the South China Sea. Deserted, tropical atols are being transformed into ugly, concrete miltary bases at a rapid clip. There's nothing that will stop them linking them up eventually. Bloody awful.

Can't wait to hear of the first storm surge that wipes it out....

 

[luutzu]

I hope they don't get any more pushy in the South China Sea. Deserted, tropical atols are being transformed into ugly, concrete miltary bases at a rapid clip. There's nothing that will stop them linking them up eventually. Bloody awful.

I don't think they're going for the natural look G. Going for the Regional Hegemony look.

The last time a militarizing former super power arms up and take over a few neighbourhood with nothing being done to stop them... World War 2 broke out and some 50 million dead.

This time all the big boys got nukes to play with.

Better start learning Mandarin or buy can food for that bunker at the back.

 

[luutzu]

Can't wait to hear of the first storm surge that wipes it out....

I heard they're planning to use "floating nuclear" power plants to power these bases.

Can we tell if the nukes on them bases are nuclear weapons or from the power generator?

I bet they're going to be buying a few island on the other side of the Phillipines and set up shop there too.


Good to know Western gov't are busy beggaring their own people at home and mucking around with the Muslims, Arabs and Russian abroad. They only have India and South America to upset and we're good to go at it.