China problem for property market?

If that were the case the Aus corporates would’ve done it already. India (or whoever else) can’t afford to buy so much.

 

This is interesting, we still export to a lot of other countries is what they forget to mention.

China trade war could cost thousands of Queensland meat industry jobs as Australia pushes for coronavirus investigation
news.com.au/politics/qld/china-trade-war-could-cost-thousands-of-queensland-meat-industry-jobs-as-australia-pushes-for-coronavirus-investigation-

 

Australia’s Top Trading Partners

If exports to China fell by a third, basically it's the same as losing the second biggest export destination.

 

Things are just about to get ugly
(caveat DM)

China: Dairy, wine and seafood could be next to suffer | Daily Mail Online

 

'Could' - a DM favourite along with 'might' and 'if'.

 

https://www.news.com.au/finance/rea...s/news-story/c4c4d60d43ec8f52c404dd703d9a8dd3

Beware, the troops are back!

 

Yawn......I suggest you stop reading my posts.

Australia vows to stand up to China amid reports wine and dairy exports could be targeted next

 

Lets look at auction clearance rates next quarter

 

I look at it positively. I can now enjoy quality meat, seafood and wine much cheaper.

 

I dont know why we are picking a fight with China. Not sure why our political leaders felt the need to lead the charge on this one. Surely there must have been a considered discussion behind closed doors that led to us so publicly spearheading the campaign for an inquiry.

Why are we shooting ourselves in the foot this way? Is it the US twisting our arm? Is it to stoke some anti-china sentiment? Is it to demonstrate we aren't a pushover? They are our biggest trading partner and have a demonstrated history of using economic pressure for political gain, there are plenty of other nations, with greater clout, less connected with china and more affected by covid that should/would have led this charge.

 

i think there is something like 60 countries picking a fight with China

I agree with you though we cant afford to lose China. That’s why I said we need to eat humble pie

Our economy will struggle as it is, we dont want to lose our largest exporter, economic suicide

 

The pollies do represent the people so from my feel on the ground there is a bit of support in the community with what was said. However it's quite strange for Australia to lead fhe charge on something like this but someone had to

 

China has directed state-owned power plants to purchase domestic coal

China’s consul-general 'sudden departure' from Australia


These are not good new developments

 

Agree someone has to but that someone will end up paying the price for it. That is just how things work. Personally I think Australia didn't have to be that someone. Not when we are facing a large increase in unemployment.

 

This is after what happened to iron ore yesterday with China now going to check iron ore shipment randomly rather than systematically. I suspect most checking will be targeted towards Australia iron ore. Time will tell.

 

In a chinese newspaper they wrote something like

"big kangaroo the dog of the US"

 

Again not great. Last time the Chinese government tried to raise national sentiment against a country, Chinese tourism to South Korea dropped to like close to zero.

I suspect that will be Australia soon

 

Tourism is under water at the moment, so its just going to get very ugly

this Will equate to job losses and in turn our economy struggling

i would not be rushing to buy property in this environment. Its going to take a while for the dust to settle

 

I dont like that language