CHINA CAUSES THE REAL ESTATE MARKET BUBBLES IN AUSTRALIA

In the passage of time, the Australian government purposed the short-term interest while China has targeted in the long-term strategy on multiple fields, actually the innocent politicians and the hungry fund of political parties that helped China communist party cornered the Australian’s political backstage. Nevertheless, inside Australia, China’s supporters are the Chinese’s economic agents (business, company, academics), some Chinese background politicians and public servants, Australia company (import and export’s sector), the financial firms…the high profiles of the left party (Labor) as former Prime Minister Bob Hawke, Paul Keating, Kevin Rudd endorse China and willing Australia to be the ally with China while China occupied the international waters and built the artificial islands. Beijing ignores the international law, they militarized the islands that threatens the security in the region, including Australia, where are the former prime ministers stand? What do they do for the country?. Nevertheless, North Korea is threatening Australia by the missile, China is a great master of North Korea, therefore, Australia collaborates with China on multiple aspects as trade ties, diplomatic relation and the other. It is the contradiction policy of Australian government.

However, Australian intelligence couldn’t ignore the spy network plus cyber that threatens the national security. The hegemonic strategy and the territorial ambition of China communist party raise the grave concern for government and national security. When Prime Minister Malcolm Turnbull has announced the tougher intelligence law after the political donation’s scandals discovered. China strongly reacts despite it is the domestic issue of Australia, China snubs the counterpart’s independence.

The deep involvement of China causes the tumultuous economy, actually the real estate market. Chinese wealthy families in Beijing flowed multiple billion USD to overseas and the relatives purchased the luxury mansions, properties at the good locations in Australia, so the real estate market seems booming for a while. Chinese wealthy communist families carried the laundering money for buying the offshoring properties that cause the Australian citizen has to give up the dream when Chinese could buy the properties over standard price. Chinese real estate agent in Australia and mainland advertised selling the Australian properties, even Sydney Harbor has been eyed on. Where is the Australian’s independence? Nevertheless, Victoria state’s capital city expects the Land Of Dragon, the pro-Beijing Chinese resident in this state used the money to subvert to real estate market: Chinese directly develops and invests $AUD 400 million into the Giant Garden seized 363 hectares at the West Melbourne. The other Melbourne company backed by Beijing paid $AUD 25 million at the land where could build 909 houses. Victoria considers the stronghold of Labor Paty, a time Premier Daniel Andrews cried on the television’s screen and apologized China community because, in the days of yore, the government treated badly with the early Chinese migrants. Moreover, some local councils favor to sell or offer to rent the land for Chinese, the short term’s interest that harm the national interest in long term.

The most favorite property in Melbourne and Sydney, so the real estate agents made a lot of profit during the market is hot. However, the good time is gone. China has changed the tactic after the political situation deals the national security. The real estate market reflects China’s activation, it plummeted to 21% at Melbourne and Sydney. The other capital cities as Perth, Adelaide, Brisbane are facing the same.

Australia real estate broker Mc Grath Ltd has released the net loss in 6 months to December 31, 2017, was $AUD 25.5 million, but last year, they made profit $AUS 2.7 million. There is just a real estate company lost the profit, the others face the same situation when China seems running away from the attractive land in Southern Hemisphere. The US changed leader and administration, now President Donald Trump couldn’t ignore the military growth of the Red Empire in the region, actually, the artificial islands to be militarized and threatening the peace with the most important maritime transport in Asia. The tension has occurred between China and the neighbor countries that shows the brazen attitude of Beijing. The loss of real estate market in Australia notices China is facing the reaction of Australian, the global hegemonic strategy unmasked and the country wakes up after many decades China subverted the domestic politics and gently control the economy. Nevertheless, the economic network of Beijing cornered the Australia market and using the economic strength for political pressure. Now, Australian wake-up and watching out China exploits the trade ties and diplomat for invasion. The toughest intelligence law thwarts the conspiracy of Being in the Southern Hemisphere./.