Australian Relationship with China

Australian Prime Minister, Julia Gillard, and her entourage just returned from China after Australia assured a special deal with China.

One commentator says he has “never seen the relationship between Australia and China as positive as it is today.” (Read)

The Australian newspaper points out that “the trading relationship has been bolstered by a currency deal enabling the Australian dollar to be converted directly into Chinese yuan, slashing costs for thousands of businesses. Australia is the third country, after the US and Japan, to secure such an arrangement from our leading trading partner.” (Read)

All of this distracted the attention from the domestic chaos the Australian Labor Party finds itself in at the moment, not to talk about the amassed national debt this government has plunged our nation into.

Just a few remarks:

It is just amazing to observe how selective governments can be when it comes to financial gain and economic prosperity.

But, if we want to maintain our living standard, we will probably just turn a blind eye, sacrifice all that is dear to us in terms of our values, not think about others who enjoy very little of their country’s growing economy, – and in the end, we will most probably think nothing of it if we have to sacrifice our sovereignty as a people.

 

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