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Can you define "retaliate in a serious way" ?
This media release is precisely the correct measured response to this kind of childish behaviour from China.
Cutting coal and iron exports would harm australua more than China. They put a tax on our wine and barley and that did some damage.
This type of flex from China is already commonplace in SEA, and thankfully we have cool heads in charge who will hold the right positions and respond in a measured way.
I gave an exact example of serious retaliation.
Australia can find other markets for its exports as we did previously.
China needs a reality check. They need Australia and they need to respect the safety of Australian citizens.
Ok, well... I'm glad you're not in charge of anything I guess.
You’re glad someone who cares about the safety of Australian citizens isn’t in power?
Way to out yourself I guess.
China is our largest trading partner. Last year we exported $220b of stuff to China. This year it will be closer to $250b.
Second place is Japan, at a paltry $80b this year. That's a third.
So your greedy and spineless solution is to allow these bullying tactics to continue until Australians are killed, and then continue to allow trade afterwards.
It's not greedy to avoid catastrophic economic collapse.
It's not spineless to choose an appropriate response instead of having a hissy fit.
You don't protect Australians by acting like a tough guy.
So full blown war over seeking alternative trading partners is a better outcome? Because that’s what will happen if Chinese aggression isn’t met with severe consequences.
Bullshit. Hyperbole.
You talk about "seeking alternative trading partners" like we're seeking alternative laundry powder at woolies.
Who else will buy our iron ore who isn't already? The answer is no one.
Yea selling some iron ore is worth sleep walking into WWIII.
You don't seem to understand the type of damage it would do to discontinue our trade relationship with China.
It's not just some company would lose a few million dollars in share value.
It would be economic collapse. Rolling blackouts, civil unrest, supply chain disruption, starvation, overwhelmed health services, no fuel, rioting, suburban gang violence, hyper inflation.
China would just be able to buy everything they don't already own and take everything else.
Sometimes it takes courage to stare down an adversary, and not blink when they fire off a few scary flares.
Blackouts in the country that is an energy exporter.
Starvation in a food exporter.
Shows what you know about economics.