Worried about Chinese influence

Interesting

Worried about Chinese influence? Take a peek at who owns Australia’s biggest companies - SmartCompany

 

So USA investors/companies/funds are invested in ASX companies.
While Chinese investors/companies are buying our land and businesses.
Doesn't China have Billions invested in the USA ?

All hope is lost, the sky is falling, we are STUFFED then...........

 

Many saying ..... don’t buy products from China? How can we do this effectively???

 

Be more selective and buy 'bespoke' products. Yes, it may cost more but what price do you pay for satisfaction?

 

Oh no not that word...... bespoke

 

The word that instantly adds 200% to profit margins

 

For suckers

 

That list offers a bright window into the future..

 

Consistently buy quality goods and the situation will right itself over a few years. Yes you will pay more, yes it won't be made in China. But it hopefully will be mainly made in Australia but also Taiwan, USA, Switzerland, Germany etc etc.

 

Hard task
The proportion of Chinese imports is staggering......From electrical good, mattresses, furniture, toys, computers, sporting goods... list goes on

Boycotting products from China may sound very simple but even items made in Australia, may be actually manufactured in China then shipped back

Even items from India, N Korea, Bangladesh may have elements produced in China

 

You have full control on what you purchase.

 

Like I said it may sound very simple ..... but for example Koala mattresses are manufactured in China
We may not even realise what we are buying is not Australia made


Popular mattress brand Koala moves its manufacturing to China, sparking Australian outrage | Daily Mail Online

 

So, don't purchase Koala. There are other companies that do manufacture in Australia. I'd support them.

 

If we stopped buying Chinese products it would cost 0.9% of their GDP if they stop buying our products it costs us 16% of GDP, massive difference

unfortunately we are the little guy in this fight.

We dont want to start a trade war, as we wont win. We need them more than they need us

 

Holy crap, the CBA is 60% owned by Americans. Similar with many others. I would have guess it would have been about 20% foreign owned.

 

I'm not so sure about that. The reason we have no jobs in this country is that large multinationals were encouraged to manufacture off shore. The cost of the items remains the same, only those working in Australia are out of a job, and the CEO's rack up all the bonus's.

I don't think it's healthy for Australia to continue with Banking, Education & Mining as it's mainstay to the economy. We need more people supporting the little companies that are manufacturing here.

 

This right here is what a lot of people on social media don't seem to understand, cries for backlash at everything the Chinese do to us during these times but we simply can't. They have already shown us that they really don't care about us or our products (Almost as if we are nothing but a piece of gum on their shoe in their mind!!!!).

I'm not saying we have to bend over and take it but I think correct management of everything happening is paramount to getting everything back on track with trade agreements.

Like it or not, we do need them and they really don't need us. We are rich in minerals which is something but it's not everything.

 

I know, right..... Came as a surprise to me

 

Then the cost of production is high which reflects in the price, then people can't afford it so saleries need to be adjusted, then higher salary demands push up prices..... ad infinitum.

 

imagine, If they stop buying iron ore this is 40% of our exports.

We can be angry, but we need to
Be smart and strategic