Doing the business or collaboration with China communist is like dealing with the dishonest or handling the assets to a robber. The formal bonanza of China communist’s growth is like a scam company advertises the best interest of the money lovers, but the victims should know when the company to be discovered the wrongdoing and deception. Therefore, in Western and the democratic countries have some innocent national leaders and the negligent governments focused the fresh interest applied to the demagogic tactic for taking over the government in an election and obtaining government. The president, prime minister and the economic firms have been fallen into the trap of China, the most con state in the world. The circumstance of Australia is the sample and warning the other nations. The interest lure excites the Western economists, business, and the profit lovers.
China boomed in the region and competed for the Western, actually, the US that created the hoax credit attracted the Westerner, actually the business. But China built the economy on the stolen technology and cheat, the Western countries made the terrible mistake when they trust China and deeply involved the economy and finance with China.
As the routine, almost, the business persons or companies have to study carefully the market, employee, social situation, psychological consumer, politics and the other conditions before investing. However, almost, the wealthy persons forgot the politics, it is the most important fact in business. Australia learned the bloody lesson of billionaire James Packer, he lost $AUD 4.2 billion at Casino Resort in Macau after red emperor Xi Jinping applied the bush law.
China applies the communist’s pattern, the dictatorial regime controls the economy, finance, and national assets plus the labor market while the democratic country’s economy based on the private sector and free market. The communist and democratic country radically differ from the economic concern, so two different impacts are like water and fire, it couldn’t identify, the hell versus heaven, evil opposes the God. Therefore, since 1972, after the visit of President Richard Nixon, China communist infiltrated into the free market, it becomes the disaster of the democratic country’s economy.
In the mining boom’s period, Australian magnates as Gina Rinehart, Andrew Forrest, and the mining companies as BHP Ltd, Rio Tinto Group developed when China bought the iron. The mining’s industry throve that excited the other economic fields and services, actually, the monetary aspect.
China exploited the mining boom for migrant, subverted the politics (donations), deeply involved in the top financial firm. China communist silently invaded Australia, actually the left party rules government, China boomed business and developed the financial espionage agents. Mainly, China is keen the economic and financial sector, the communist’s economic force gently took step by step to infiltrate deeply Australia’s economy and finance. When China subverted the economy and finance, Beijing could use it for the political purpose and steady colonize the counterpart without armed force’s involvement.
After winning the election in 2007, Labor Prime Minister Kevin Rudd is expected pro- Beijing, he speaks well Mandarin and also has a son in law is Chinese ( the incumbent Prime Minister Malcolm Turnbull has the daughter in law who comes from a hardcore communist family in China). In the Beijing Olympic 2008, Kevin Rudd’s government flagged pro-Beijing’s Chinese people welcomed the torch, so capital Canberra dyed the red color as the period of Red Guard occurred under Mao Tse Tung’s era in the Culture Revolution. Nevertheless, in June 2008, Prime Minister Kevin Rudd suggested establishing the Asia-Pacific Bloc as European Union. His brilliant idea will help China communist control the Asia region and Currency Yuan will be used as the US dollar and Euro, but it didn’t interest. There is not only Kevin Rudd, but former Labor Minister Bob Hawke and Paul Keating often advised the government stands alongside with China.
During many decades prepared the global hegemonic strategy, Australia seemed falling into the snare, so the Reserve Bank Australia (RBA) is the main target. Since 2012 RBA has had a currency swap agreement with the People Bank of China, it is the highest financial level related between two countries. When RBA involved, the other banks followed, Australia has been placed into the economic peril. The US dollar is the most stable currency while China’s Yuan decides the valuation on the communist regime.
The deeply economic relationship with China that worry Australian people when the US president Donald Trump adjusts the fair tariffs. The concerned leader puts the fair trade comes forth before the trade ties. Obviously, the steel and aluminum’s tariffs impose to China that rocked Australian government, so Mr. Philip Lowe, Governor of RBA attacked the US. Nevertheless, after Australian government issued the national security law, the illegal islands built and militarized into the disputed waters that affect Australian interest. Therefore, mining magnate in Western Australia is Mr. Andrew Forrest slams the government because China is his customer. Mr. Andrew Forrest places his profit above the national interest.
Recently, Representative of Canning is Andrew Hastie accuses Chinese businessman Chau Chak Wing involved the bribery at UN, promptly, Trade Minister Steven Ciobo and RBA’s Governor Philip Lowe protect China, even though Prime Minister Malcolm Turnbull confirmed it is true (FBI provided the information). Despite Chinese population in Australia is about 2% but they purchased many luxury properties in the capital cities and subverted the national economy. Certainly, the people should know the source of money.
However, China has faced the deep deficit that causes the rapacious ambition and the global hegemony, China’s debt comes up to 260% in 2018. One belt and one road’s project is the disaster for China. The so-called China dream has challenged against the financial problem, the dream should be the nightmare of the Red Empire.
In the passage of time, the Australian government made the critical mistake and now the consequence has to pay. The economists and high profiles of monetary firms as Reserve Bank of Australia have to learn the lesson of fresh profit that conducts the long-term damage control.
The peril appears as a quote says:” seeing the coffin with the tears”, it is late, but Australia still has the time and opportunity to escape the disaster. Actually, Prime Minister Malcolm Turnbull authorizes to drive the national economy into the safe way as soon as possible. The phenomenon of China threat to freeze $AUD 10 billion the trade a year, it is the signal of China worries.
Nowadays, Australian situation is like a body being struck by the dangerous virus, the treatment requires strictly with the strong medicine. Therefore, the Australia dollar declined that signals China faces the economic downturn and the worst situation is waiting ahead. The circumstance of Australia that wakes up the world, actually the nations deeply involved the economy and subverted by China’s Red Empire ./.