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Author Topic: Stop the Asian Invasion: Chinese Takeover of Australia - Politicians 4 Sale

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...And finally some good news this week! But the grim reality is India is the only counter weight to China, some people trust them but I don’t!

https://www.dailymail.co.uk/news/article-8389985/PM-announces-tough-new-measures-stop-foreigners-buying-land-assets.html

Foreign investment laws in Australia will be completely overhauled as part of tough new rules to protect the country's national security

The federal government's zero-dollar approval threshold will mean all foreign bids for companies from large telecommunications companies to small defence providers will be vetted by the Foreign Investment Review Board.

Treasurer Josh Frydenberg will also have the power to force a sale or impose conditions on foreign acquisition of Australian assets even after the purchase is made.

Previously the treasury could only block foreign purchases of Australian assets which exceeded a takeover threshold of $1.2billion.

It follows a series of recent controversial takeovers by Chinese-owned companies - including the lease of the Port of Darwin to Chinese Communist Party-linked Landbridge Group in November 2015

The deal was called into question by then-US President Barack Obama at the time, leading former deputy secretary of state Richard Armitage to say Australia had 'blindsided' its ally.

Government sources have claimed the agreement with the group's subsidiary Landbridge Australia would not have been approved had the FIRB's rules been in place, The Australian reported.

'Through the introduction of a new national security test, stronger enforcement powers and enhanced compliance obligations, we will ensure that Australia can continue to benefit from foreign investment while safeguarding our national interest,' Mr Frydenberg said

It comes as Australia strengthens ties with India as relations with China, it's largest trading power, continues to sour.

Prime Minister Scott Morrison and his Indian counterpart Narendra Modi signed off a new agreement in a virtual summit on Thursday.

It aims to boost economic trade between the two countries, build closer partnerships around science and technology and strengthen defence cooperation.

The Comprehensive Strategic Partnership comes as Chinese forces become more aggressive in the Indo-Pacific region, as well as slapping huge tariffs on Australian imports

With Australia and India both seeking to push back against China's encroaching presence, Mr Morrison said 'trusted partners' must work together.

'It is time for our relationship to go broader and deeper,' he said on Thursday.

'In a time like this we want to deal very much with friends and trusted partners.

'And this is a partnership which has stood the test, time and again, and is during the course of this current crisis.


'We share a vision for open, free, rules-based, multilateral systems in our region.

'Whether that is in the health area or it is in trade or other places. We engage in those as confident but sovereign nations.'

While Australia has faced a backlash from Beijing over calls for an independent international inquiry into the origins of coronavirus and the actions of the Chinese Communist Party, its relations with India have also eroded dramatically

The two countries share the world's longest land border, with China also being one of India's biggest trading partner.

But in the past few months month tensions over disputed territory in the Himalayan Sikkim region once again flared up resulting in a mass buildup of troops in the mountainous area.

In May, China announced a 80.5 per cent levy on barley exports, after weeks of threatening to boycott Australian industries.

Australia sends between half and two-thirds of all its barley to China, making the tariff decision a massive blow to the $600 million a year industry.

India is Australia's eighth-largest trading partner and fifth-largest export market, according to the Department of Foreign Affairs and Trade

Two-way goods and services trade between India and Australia totalled $30.3 billion in the 2019 financial year, with coal and education Australia's main export drivers.

But under the Comprehensive Strategic Partnership, Prime Minister Modi expects those figures will increase even further.

He described the agreement as a 'new model of India-Australia partnership and a new model of conducting business'.

'We had an outstanding discussion, covering the entire expanse of our relationship,' Mr Modi said.

'With Comprehensive Strategic Partnership between India and Australia, we aspire to achieve yet new heights in our collaboration


One of the big winners from the deal is expected to be Australian barley farmers who are looking to expand into new markets after one of their biggest buyers China slapped an 80 percent tariff on their product. 

Other areas of focus will include the internet and maritime security.

'Australia and India are working together to promote an open, safe and secure internet, and to ensure critical tech does not pose risks to security and prosperity,' Australian Foreigh Minister Marise Payne said

Today we signed a wide-ranging maritime declaration committing our nations to supporting the rules-based order at sea in the Indo-Pacific region

As much as I hate it, China has the people,Tech, force and money to whipe Australia/NZ out. We couldn’t stop this  problem alone.
As much as I don’t like India it may be the only way to stop China encroaching on us. I’d rather Russia be our friend instead in this field. Nobody internationally trusts them either.

Not after the let of a chemical weapon in the UK. And how they missiled a passenger plane in Ukraine.
The thing they got going for them is the fact they want to keep their race and traditions.
The Price is Reich!

Find me on Stormfront as QueJumpingAfghan where I have been banned!
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https://thenewdaily.com.au/news/coronavirus/2020/06/06/coronavirus-china-travel-warning-australia/?utm_source=Adestra&utm_medium=email&utm_campaign=Saturday%20News%20-%2020200606

China claims Australians are becoming increasingly racist against Asians because of the coronavirus pandemic and has issued a travel warning to its citizens.

Beijing has advised Chinese people against visiting Australia because of what it says is a rise in racial discrimination and violence against Chinese people, linked to COVID-19.

With relations between the trading nations already on edge, China’s Ministry of Culture and Tourism issued the travel advice on Friday evening, citing an “alarming increase” in anti-Asian sentiment

However the statement did not elaborate on specific examples of such discrimination or violence against people of Asian background.

The ministry’s statement said: “There has been an alarming increase recently in acts of racial discrimination and violence against Chinese and Asians in Australia, due to the impact of the COVID-19 pandemic.

“The Ministry of Culture and Tourism reminds Chinese tourists to enhance their safety awareness and do not travel to Australia.”

Asians of various backgrounds have said they have been harassed since the outbreak of the coronavirus, including in the United States.

China issued a warning to tourists travelling to the US earlier this year after some said they were mistreated in connection with the outbreak

 >:(People don’t like them?! And they don’t comprehend why?!
They displace people! They invented this virus to divide everybody and mess everything in the world up! They have their own country, don’t come here and parasite it!
The Price is Reich!

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https://thenewdaily.com.au/finance/finance-news/2020/06/05/china-foreign-investment-powers/

In the biggest foreign investment reforms since 1975, foreign investors will face tougher scrutiny before taking a stake in Australian companies and resources.

Treasurer Josh Frydenberg unveiled a proposal to turn Australia’s Foreign Investment Review Board (FIRB) from toothless tiger to apex predator.

The proposal comes at a time of heightened tension between Canberra and Beijing, prompting speculation the new powers are intended to curb China’s influence in Australia’s economy

But the fears surrounding Chinese investment may be overblown.


James Laurenceson, director of the UTS China-Australia Relations Institute, told The New Daily public attitudes towards foreign investment of any sort have long been sceptical.

“First it was American investment in the 1960s and ‘70s – there was huge pushback against that, then it was Japanese investment in the 1980s,” he said.

“But obviously with China there are additional complications; China is a very different country to us in terms of politics and values in a way that the United States never was.”

Even so, data from the Department of Foreign Affairs and Trade shows China is only a small contributor to Australia’s total foreign investment pool

In 2019, China invested $78.2 billion in Australia – only 2 per cent of foreign capital invested into Australia that year and a fraction of the $983.7 billion received from the US.

“A lot of Australians imagine China is an economic powerhouse, and because of this they assume that’s true for both trade and investment, when in fact it’s not,” Mr Laurenceson said
The Price is Reich!

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https://www.dailymail.co.uk/news/article-8396597/Beijing-fires-shot-Australia-says-Chinese-abandon-country-racism.html

Chinese escalated its threats against Australia after warning tourists not to visit, with a state-run newspaper warning it could lose Chinese consumers entirely.

The latest round in the hostile war of words between the two nations comes two days after the Chinese Ministry of Culture and Tourism urged citizens to avoid holidaying in Australia.

The ministry claimed there has been a 'significant increase' in racial discrimination and violence against Chinese and Asian people during the coronavirus pandemic.

On Sunday state-owned newspaper Global Times published a fresh attack, declaring the loss of Chinese tourists would be 'just the tip of the iceberg

The strongly-worded article also noted Australia's 'overwhelming media coverage' on the rise of racism since the pandemic and warned its citizens that current laws won't protect them if they are subjected to similar attacks while visiting Australia.

'It is Australia's unfriendly attitude, not the travel alert, that may really scare away Chinese tourists and students,' the article read.

'If Australia wants to retain the gain from its economic ties with China, it must make a real change to its current stance on China, or it will completely lose the benefits of Chinese consumers.

'The tourism loss may be just a tip of iceberg in its loss of Chinese interest.'

More than 1.3 million from mainland China headed Down Under in the year ending September 2019, according to Tourism Research Australia data.

The $12.3billion Chinese visitors spent represented almost a third of all spending by international travellers during the period

The Global Times also criticised Australian politicians after federal trade and tourism Minister Simon Birmingham and deputy prime minister Michael McCormack hit back at China's claims about increased racism.

'Australian politicians have always readily launched attacks against China even when they know clearly that their assertions are unjustified, because they are too easily swayed by US political attitude and too eager to win US favors,' the article states.

'It is what they do, not what they say, that really determines which direction China and Australia will go

The latest round in the ongoing feud between the two nations comes after Beijing became infuriated by Australia's calls for an independent inquiry into the origins of the virus, claiming it was a 'malicious' attempt to blame and 'stigmatize' China

China slapped an 80 per cent tariff on Australian barley and suspended imports from four Australian beef suppliers in apparent revenge - and warned of further punishment

About one third of Australia's total exports - including iron ore, gas, coal and food - go to China, bringing in around $135billion per year and providing thousands of jobs

All because we want an enquiry into this Covid 19? Just means if they leave us we’ll be rid of them taking us over.
The Price is Reich!

Find me on Stormfront as QueJumpingAfghan where I have been banned!
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