Globalism - Let us destroy this Golden Calf and the myth that it is to the advantage of the Western World

In my experience of China, two trade missions in the 1960′s, no deal is a good deal unless it is a win win result for them.

In the 19th Century Jardine Matheson, the great English trading company in Canton and Hong Kong, was required by the Chinese government to pay for all Chinese trade goods in silver, in return they only bought small amounts of trade goods from England.

This trade inbalance was an unacceptable situation for Jardines and their ruthless answer was to supply the Chinese market with opium, bypassing the Chinese government and either by barter or Chinese currency overcoming the inbalance.

The result was the Opium War.

Since the policy of globalisation was introduced by Europe and and America’s wealthy elite and the Lima Agreement, China’s cheap labour pool has been used to make China the World’s manufacturing centre for cheap goods.  Cheap labour is not the only advantage China has.  She has been given Western Technology for free and we have built Western factories with our capital and China takes little in return except for our resources.  Just another trade inbalance to China’s advantage except she does not want to pay market prices for our resources.-

In an article “We must play China card right”, by Michael Sainsbury, The Australian, 26.7.10, p.26, China’s future intentions are plain and also the support they are getting from Sainsbury (The Australian China correspondent, and also the Australian China Business Council, (ACBC))

At a meeting between the ACBC and Shen He Tang of China Metallurgical Group Corporation (MCC), which has built most of the latest mills in China………  Shen’s latest project in Western Australia was discussed, the problem is he wants to build it cheaply and quickly, something he can only do with IMPORTED CHINESE LABOUR.  Furthermore to prove the capability of his firm as an infrastructure builder he offered to build a city in the Pilbara that could house 400,000 – 500,000 people, (with more Chinese labour no doubt).

Labour is the key issue for us he told ACBC.  He also said, “The facilities in Australia’s mining areas are often inadequate.  We could build a town for 300,000 – 500,000 people with proper facilities” and he indicated this would help mining companies better exploit the vast resources of the region and add to Australia’s wealth.

At the moment Australians do not want to discuss importing cheap Chinese labourers.  But Shen says without cheaper Chinese labour, including it’s huge base of skilled engineers, it’s simply not possible to build such projects.

“But without such projects Australia misses out badly on needed infrastructure and projects will go to more accommodating countries, for example China’s No. 3 steelmaker”, Wuhan steel is building a mill in Brazil.”  (This is an obvious threat.)

The article continues “The MCC dilemma underscores the problems with Australia and China’s relationship, one that is heavily based on trade right now, but is rapidly become more complex as our two economies increasingly intertwine.”

China is keen to invest in our major projects but protects it’s own key projects, Maurice Newman says, “As Australia’s traditional providers of capital  -  U.S., Britain and even Japan face a prolonged economic slowdown – China is our main option for imported desperately needed capital.”

“In terms of Chinese investment in Australia, the mooted MCC steel mill model could be extended to other sorely needed infrastructure, such as ports, roads and other facilities using a system of bonds or eventually an equity sale.”

Senior Chinese officials expressed their disquiet over original mining tax.

The most revealing comment in this comment in this article was made by Paul Glasson, ACBC China chief who said “There has been a failure at government level to address the relationship with China at a Holistic level”.

A belief that Glasson shares with many others who do business with China.

Holistic has shades of meaning but here they would seem to be suggesting we get Chinese labour and companies to take over the development of Australia with eventual conquest while our overpriced unionists sit on their arses and drink beer.

Well at least the rest of could afford to buy houses and get the plumbing and other repairs done.