China has threatened a huge tariff on Australian Barley and a shut off of Australian meat and dairy exports simply because Australia asked what we all want to know. Where did the virus come from and what was done wrong.
Economic blackmail IS still blackmail. Criminals do blackmail.
So I have a modest suggestion for Australia. There’s this nice sized country being threatend with “food shortages” by thd E.U. “negotiators”(who impress me as another group of thugs…). So I suggert Australia open highly visible negotiations for free trade with the UK. Do it now. Let both groups of thugs and blackmailers know you have choices…
Right now, the Grand Solar Minimum has made weather more volatile again, and made agricultural production more more risky. China needs your food (it can not feed itself without imports). You with net food production have the dominate position.
So just start talking up national security risks of foreign contol of your food production and drop the “nationalization” word. Go on TV talking with the UK aboug setting up food trade. Ask, publicly, about having UK Drug makers setting up Australian operations to replace Chinese imports.
This does two important things. It gives China and the EU a well deserved slap. It strengthens both Australia and the U.K.
If you are really lucky, China will get very pissed and pull their Chinese Spy Students out and stop buying up your country.
FWIW: I’d include coal trade if the UK were not being infested with Gang Green CO2 paranoia.
For added spice:
Make it illegal for State Owned Enterprises to own companies or land in your country. This ought to be done in any case.
Why? “Economies of scale” extends strongly into financial economies of running every company. Banks even more so. National central banks most of all. A Central Bank can make unlimited money at zero interest costs. Your companies must pay for loans. Big prime borrowers at a fraction percent more than banks, little companies at several percent more. This fundamentally gives a huge advantage to big companies, AND an effectively superior advantage to State Owned Enterprises over all others, as they can get unlimited money at zero cost, since they are funded by the National Central Bank.
The short hand I use for this is “Fattest Wallet Wins”, and the National Central Bank has the fattest wallet of all.
By definition, the State Owned Enterprise can crush any private competor companies. You can have “free & fair competition” or you can have State Owned Enterprises, but you can’t have both in the same market. At least not for long.