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China intimidates Australia (Read 3897 times)
freediver
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Re: China intimidates Australia
Reply #60 - May 18th, 2024 at 3:21pm
 
thegreatdivide wrote on May 18th, 2024 at 2:43pm:
freediver wrote on May 18th, 2024 at 8:51am:
Why is it such a bad thing if the Chinese government subsidises our electricity for us?


Very perspicacious of you.

So much so - I'm guessing you are being sarcastic....


No. I actually think we should take advantage of it. Let the Chinese peasants work for 50c a day making solar panels and EVs for us. It won't last forever. Unless the CCP does another great leap forward.
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Re: China intimidates Australia
Reply #61 - May 18th, 2024 at 4:28pm
 
freediver wrote on May 18th, 2024 at 3:21pm:
thegreatdivide wrote on May 18th, 2024 at 2:43pm:
freediver wrote on May 18th, 2024 at 8:51am:
Why is it such a bad thing if the Chinese government subsidises our electricity for us?


Very perspicacious of you.

So much so - I'm guessing you are being sarcastic....


No. I actually think we should take advantage of it. Let the Chinese peasants work for 50c a day making solar panels and EVs for us. It won't last forever. Unless the CCP does another great leap forward.


The small question of employment for our own people remains - see Frank's posts #54 and #56. 

Actually the productive capacity of China is now so huge, the government can subsidize consumption by low income groups, creating the world's largest virtual middle class of over a billion people in China. The government  just haven't woken up yet how to use that vast productive capacity for China's benefit, now that the West is complaining about competition from Chinese exports.


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freediver
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Re: China intimidates Australia
Reply #62 - May 18th, 2024 at 8:42pm
 
thegreatdivide wrote on May 18th, 2024 at 4:28pm:
Actually the productive capacity of China is now so huge, the government can subsidize consumption by low income groups,


Are you hoping they will get as fat as the Americans? This is just the sort of thinking that will drag them back to the Mao era. You can already see it happening.
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Re: China intimidates Australia
Reply #63 - May 19th, 2024 at 12:18pm
 
freediver wrote on May 18th, 2024 at 8:42pm:
thegreatdivide wrote on May 18th, 2024 at 4:28pm:
Actually the productive capacity of China is now so huge, the government can subsidize consumption by low income groups,


Are you hoping they will get as fat as the Americans? This is just the sort of thinking that will drag them back to the Mao era. You can already see it happening.


Good point.  By consumption   I mean healthy consumption from the point of view of both the public and private sectors, including provision of services and infrastructure which improves peoples' lives.

eg subsidized rents: China can build - has built -  as many good housing units as required to house everyone, including low income groups,  but the private sector has stuffed up because people can't afford to buy the houses built in the private-sector 'housing as investment' scheme for private wealth creation by rent-seekers - hence Evergrande's collapse. 

 
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Re: China intimidates Australia
Reply #64 - May 19th, 2024 at 1:43pm
 
thegreatdivide wrote on May 19th, 2024 at 12:18pm:
freediver wrote on May 18th, 2024 at 8:42pm:
thegreatdivide wrote on May 18th, 2024 at 4:28pm:
Actually the productive capacity of China is now so huge, the government can subsidize consumption by low income groups,


Are you hoping they will get as fat as the Americans? This is just the sort of thinking that will drag them back to the Mao era. You can already see it happening.


Good point.  By consumption   I mean healthy consumption from the point of view of both the public and private sectors, including provision of services and infrastructure which improves peoples' lives.

eg subsidized rents: China can build - has built -  as many good housing units as required to house everyone, including low income groups,  but the private sector has stuffed up because people can't afford to buy the houses built in the private-sector 'housing as investment' scheme for private wealth creation by rent-seekers - hence Evergrande's collapse.  


Ah. Subsidise healthy consumption. Is there any aspect of people's lives the CCP doesn't want to control?

From what I heard the CCP built way too many, though not necessarily of "good" quality. They have dozens of ghost cities. Brand new cities with no-one in them. The CCP is trying to do to the housing industry what they did to the farming industry during the Great Chinese Famine. It is mind boggling how the CCP is allowed to repeat the same moronic mistakes over and over again.

But just keep parroting their propaganda for them. Just ignore those empty cities, ignore the tens of millions of dead people, but if a private company collapses and investors lose money, it proves the failure of capitalism.
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thegreatdivide
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Re: China intimidates Australia
Reply #65 - May 19th, 2024 at 2:41pm
 
freediver wrote on May 19th, 2024 at 1:43pm:
thegreatdivide wrote on May 19th, 2024 at 12:18pm:
freediver wrote on May 18th, 2024 at 8:42pm:
thegreatdivide wrote on May 18th, 2024 at 4:28pm:
Actually the productive capacity of China is now so huge, the government can subsidize consumption by low income groups,


Are you hoping they will get as fat as the Americans? This is just the sort of thinking that will drag them back to the Mao era. You can already see it happening.


Good point.  By consumption   I mean healthy consumption from the point of view of both the public and private sectors, including provision of services and infrastructure which improves peoples' lives.

eg subsidized rents: China can build - has built -  as many good housing units as required to house everyone, including low income groups,  but the private sector has stuffed up because people can't afford to buy the houses built in the private-sector 'housing as investment' scheme for private wealth creation by rent-seekers - hence Evergrande's collapse.  


Ah. Subsidise healthy consumption. Is there any aspect of people's lives the CCP doesn't want to control?
 

Haha- see how the ideologically blind FD turns quality consumption - to eliminate poverty - to "control" by the CCP; it's actually my presciption for sustainable prosperity, though the CCP is taking small steps in this direction.

Quote:
From what I heard the CCP built way too many, though not necessarily of "good" quality. They have dozens of ghost cities. Brand new cities with no-one in them. The CCP is trying to do to the housing industry what they did to the farming industry during the Great Chinese Famine. It is mind boggling how the CCP is allowed to repeat the same moronic mistakes over and over again.


What you heard is wrong. The private sector built more houses than could be bought by the public, in a 'housing for investment' frenzy. 

Fortunately, some local governments are now buying these unsold houses, to let for affordable rents.

Quote:
But just keep parroting their propaganda for them. Just ignore those empty cities, ignore the tens of millions of dead people, but if a private company collapses and investors lose money, it proves the failure of capitalism.


Corrected above ; the free market is subject to failure.    Affordability of housing for low income groups is the problem.
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Re: China intimidates Australia
Reply #66 - Jul 24th, 2024 at 6:06pm
 
ABC, 2 weeks ago

The Australian dollar is showing some strength, and that could be good news for travellers
By business reporter David Taylor
Posted Wed 10 Jul 2024 at 5:00amWednesday 10 Jul 2024 at 5:00am, updated Wed 10 Jul 2024 at 10:10am



Reality now
The Australian dollar fell in its longest stretch of losses in almost a year as concerns about China’s economic recovery continue to weigh on the currency and commodity prices.

The local currency dropped for its seventh consecutive session on Tuesday to trade at US66.30¢, its lowest level since June 17. That’s down more than 2 per cent from a peak of US67.84¢ just over a week ago after the Chinese Communist Party’s Third Plenum policy meeting left markets disappointed.





China is going the way Japan did in the 1990s.


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Re: China intimidates Australia
Reply #67 - Sep 27th, 2024 at 4:24pm
 
China’s newest nuclear submarine sank, setting back its military modernisation


China’s newest nuclear-powered attack submarine sank in the spring, a major setback for one of the country’s priority weapons programs, US officials said.

The episode, which Chinese authorities scrambled to cover up and hasn’t previously been disclosed, occurred at a shipyard near Wuhan in late May or early June.

It comes as China has been pushing to expand its navy, including its fleet of nuclear-powered submarines.
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Re: China intimidates Australia
Reply #68 - Sep 27th, 2024 at 4:57pm
 
Quote:
In a rare move, China on Thursday published a photograph showing the previous day's launch of an intercontinental ballistic missile that can reach most of the continental United States.
...
It has a reported range of 6,959 miles, capable of reaching the U.S. mainland (and Australia) from most its deployment areas in China, the Bulletin of the Atomic Scientists said in a January report.


https://www.newsweek.com/china-news-releases-photo-rare-icbm-test-pacific-1959549
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Frank
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Re: China intimidates Australia
Reply #69 - Dec 23rd, 2024 at 9:00am
 

For China watchers, there’s a grim irony contained in the 14 principles that former senior official Peter Varghese recommends in his long-awaited review into national security think tanks, released last week.

Fourteen was also the number of grievances the Chinese embassy notoriously unveiled in 2020
and that Beijing expected to be addressed if diplomatic relations were to improve – the 10th of which was defunding the Australian Strategic Policy Institute. Beijing hasn’t quite got its way through the recommendations of Varghese, who is now chancellor of the University of Queensland. But the embassy’s champagne stocks may be a little depleted once its officials have measured his list against their own.

Beyond the impact on ASPI itself, there is a deeper danger in the principles, accepted by the Albanese government: the push to exercise more control over think tanks and to dampen the contestability that researchers provide.

ASPI was set up in 2001 precisely to contest the advice that the Howard government was receiving from the Department of Defence. We have since grown into a broader national security think tank that looks at modern threats ranging from cyber and disinformation to authoritarian abuses of power in places such as China’s Xinjiang.

We are recognised globally for our groundbreaking work on China – none of which is convenient to the government’s narrative of diplomatic stability with Beijing. The idea that the security issues ASPI has pursued independently – and often well ahead of national and global trends – may in future be given the thumbs up or down by ministers and bureaucrats is deeply unsettling. Yet the Varghese report recommends this command-and-control approach.


https://www.aspi.org.au/


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Frank
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Re: China intimidates Australia
Reply #70 - Dec 23rd, 2024 at 9:10am
 
For China watchers, there’s a grim irony contained in the 14 principles that former senior official Peter Varghese recommends in his long-awaited review into national security think tanks, released last week.

Fourteen was also the number of grievances the Chinese embassy notoriously unveiled in 2020
and that Beijing expected to be addressed if diplomatic relations were to improve – the 10th of which was defunding the Australian Strategic Policy Institute. Beijing hasn’t quite got its way through the recommendations of Varghese, who is now chancellor of the University of Queensland. But the embassy’s champagne stocks may be a little depleted once its officials have measured his list against their own.

Beyond the impact on ASPI itself, there is a deeper danger in the principles, accepted by the Albanese government: the push to exercise more control over think tanks and to dampen the contestability that researchers provide.

ASPI was set up in 2001 precisely to contest the advice that the Howard government was receiving from the Department of Defence. We have since grown into a broader national security think tank that looks at modern threats ranging from cyber and disinformation to authoritarian abuses of power in places such as China’s Xinjiang.

We are recognised globally for our groundbreaking work on China – none of which is convenient to the government’s narrative of diplomatic stability with Beijing. The idea that the security issues ASPI has pursued independently – and often well ahead of national and global trends – may in future be given the thumbs up or down by ministers and bureaucrats is deeply unsettling. Yet the Varghese report recommends this command-and-control approach.


https://www.aspi.org.au/

...
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