Talking about Australia here - China is China.
China has already won the trade war with US and prices will go up in China but as a country, it is prepared to put up with hardship on its citizens. Not so US or Oz.
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Bad enough that the Ossies are claiming the NZ Pavlova and some NZ movie stars as theirs ... isn't A2 Milk a New
Zealand company as well? Time to tell at least the Chinese, i recon.
Though I agree that NZ is walking currently as well a fine line between annoying the other four eyes and annoying one of our most important customers.
Other viewpoints to counter such pessimistic journalism, and more applicable to ATM are;
China and it's 'political' corporates are deeply embedded in the A2 manufacture and distribution via exclusive Chinese distribution rights for A2 and major share holdings/investments in SML and Mataura Valley Milk. Any Chinese penalties on NZ A2 IF or diary will hurt these highly leveraged Chinese companies and we should not ignore the anger of many Chinese moms and babies that prefer A2.
Any Chinese penalties on Australian A2 sourced products on their own could actually strengthen NZ sourced A2 IF as Slothbear points out in his/her last sentence.
And then there is the growing A2 markets in other Asian countries that is expanding to offset China's risks.
Lastly we can assume that Biden's administration will support Aus and NZ trade rights more strongly than Trump and China's trade powers may well have peaked.
The UN's Trade dispute role will also be strengthened in the years ahead after having been hamstrung by Trump's refusal to appoint key people to support this. Also A2's progress in USA will be assisted by a more open Biden administration.
JMHO. DYOR.
CCP doesnt care about anything ... that includes corporate defaults..
they will crush ATM as collateral damage if anything NZ does gets in the way.
https://www.youtube.com/watch?v=D084N4cxkNQ
Hong Kong CEO doesnt even have access to a bank account at the moment. You think the CCP care about some diary investments?
Bond defaults were broadcast 2 years ago and here they are..
CCP doesnt know what a bond default means... they dont care.
https://www.news.com.au/finance/busi...cc465d23e35010
Boycott China products this Christmas - guess there will be no decorated Christmas trees, toys under the tree and no summer wear on 25th Dec?
What a tubful of smelly rotten rhubarb.
Oz must learn to pick its fight and hurt the Chinese where it matters.
Ardern sides with Australia in China spat
New Zealand has intervened in the escalating diplomatic row between Australia and China, raising concerns over a doctored image shared by a senior Chinese official on Twitter
https://www.msn.com/en-nz/news/world...?ocid=msedgdhp
Not quite sure what the robot video is supposed to prove? Has clearly nothing to do with your broad smear against China supported by no facts at all. Making up your own facts?
Now - it is true that China is a dictatorship run by the so called communist party headed by the strong man Xi. It is true as well that China is neither particularly good in observing and protecting human rights be it in their own population or in the areas they consider as part of their country (despite having occupied them, often with military force). They are as well not known for an independent or unbiased judicial system - the courts tend to do whatever the party tells them to.
Occasionally they break international treaties if they consider them not in their best interest ... and yes, they do use economic sanctions for political blackmail (though less often than the US does :) ).
Having said that - much of above could be said as well about the US under Trump. He cares a sh*t about the human rights of refugees, of the ordinary Iranean people or of anybody living in countries he calls sh*tholes. He works hard to nullify the result of democratic elections in his own country and he worked as well hard to undermine the legal system in his country, to name just some examples.
The US under Trump did break plenty of international treaties as it pleased the strongman ... and yes, they did love under him to apply economic sanctions for political blackmail - or just to please the ego of the strongman.
I don't want to turn this into a political discussion and sure, the US system does not (yet) allow all the excesses the Chinese system does - but in principle is China not behaving much different than some of our so called Western friends, just less erratic. You could even say the Chinese did learn from America that it is ok to misbehave on the international stage as long as they are stronger than the opponent (and they normally are).
Having said that - China did attack in the last hundred years significantly less foreign countries than the US did. Actually, not sure they attacked even one (edit: they did, Tibet in 1949, but they would say that this was always their territory), while the US attacked and interfered with a long list of countries (including China and its neighbors Korea and Vietnam ;):
I am pretty sure that China did break during its long history less international agreements than the US broke only during the last four years ... and looking at their way to do business - the Chinese actually do prefer to create long term win-win relationships while the US under Trump was just keen on zero sum deals (US wins, the other side loses).
Sure - it is clearly not wise to annoy the tiger without a good reason (and escape plan :) - but broadcasting baseless smears against China is certainly neither appropriate nor helpful.
not smearing anything... robot looks good at crushing... Ant under foot... NZ is the ANT!
making up facts? defaults on bonds were signalled to the market 2 years ago. the warning we made often.
The bond defaults are here now and getting bigger. Those default signal that the bank of china was instructed not to step in and pay them out.
No bond defaults? Pardon? Information on the likely default not broadcast loudly 2 years ago? They were heard on trading floors around the globe.
There are no smears when its a fact the bond market defaults were made public years ago on every major business channel. I did happen to have access to the trading floors in hong Kong until recently and everyone knew the defaults were coming.
many people dont like the facts because will hurt there positions. well thats a market.
thanks balance i agree, and i hope it doesnt happen. We like this stock and the lower it goes on no news the more you can profit from it.
Other than that i like the post and i agree with black peter but CCP are far more sinister than we realise and Hong Kong shows us they dont care about your capital.
Hong Kong officials shut out of the global banking system.
https://edition.cnn.com/2020/11/30/b...hnk/index.html
My friends on the trading floors of Hong Kong are all leaving , back to europe and australia. There is fear in the air..
lol couta come back i miss you talking crap to me