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The Forum > Article Comments > China 2030 > Comments

China 2030 : Comments

By Julie Bishop, published 1/3/2012

China is a developing country that shares some of the problems of developed countries.

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Rather than pointing at China the West should be looking at its own human rights debacles.The Patriot Act,Preventative Dentention,legalised assassination of suspected terrorists,and now Obama's Defence Authorisation Act.

We need to fix our growing move towards fascism.

China will continue to grow so long as it is free from the Western Banking system that expresses increases in productivity of all its people as debt.80% odf new money is created debt free by Chinese Govt Banks.They build all their infrastructure debt free and this iw what birks our private central banks who have destoyed western Economies.
Posted by Arjay, Thursday, 1 March 2012 8:47:07 AM
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Ms Bishop fails to point out the profound implications for Australia of a Chinese growth slowdown.

Australia allegedly benefits greatly from the current commodities boom. A major driver of the boom has been Chinese growth. If China slows the prices of many commodities of interest to Australia could, in inflation adjusted terms, fall back to where they were in the 1990s.

Personally I think that's a good thing. I think the commodities boom has done this country more harm than good. But the transition after the boom to a more sustainable growth path could be painful.
Posted by stevenlmeyer, Thursday, 1 March 2012 9:03:38 AM
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Excellent article by the Hon. Julie Bishop MP. Australia can indeed pay a positive and significant role in helping China to migrate to a modern, harmonious and creative high-income country by building on the existing links we have with China and opening new channels of communication, stakeholder engagement and co-investment. In the process Australia can also learn important lessons from Chinese strategic thinking and foresight and improve its own future.

Australia has to take China a lot more seriously and look at ways in which we can continue to deepen and widen the relationship beyond acting as a reliable of non value added resources which is also unsustainable.
Posted by Macedonian advocacy, Thursday, 1 March 2012 9:08:50 AM
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If this thinking is that of the Liberal party as a whole, then it is a very good reason to not elect them at the next election.
It shows that they have not grasped that there is a looming end to the worldwide splurge of growth and that it will be ended forcibly by peak everything.
Peak oil will be the main irresistible force and it is happening now. Other forces that will end the way we live now are scarcity of water, soil and a lot of vital minerals such as lead and copper but there are many more. To simplify this, it means that China along with all other growing nations such as India will never be able to reach “our” standard of living.
In fact “our” standard will have to be reduced to cope with increasing shortages.
The rosy world of business as usual is a pie in the sky dream that will wither and die in time.
We should instead of dreaming up new ways to sell more from our quarry, be finding ways to persuade the whole world to face depopulation and actively pursue it.
Posted by sarnian, Thursday, 1 March 2012 9:32:04 AM
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Sarnian, you took the words right out of my mouth. The sooner we get out of this growth paradigm the better. No longer can we expect to fund growth by continually increasing our debt. The high AU$ is strangling our manufacturing industries and we are heading for the recession that the clever buggers in the labor party think they have avoided. The corruption in the higher echelons of the so called Chinese Communist party will bring their economy crashing down shortly too and then we will all be in deep poo.
Posted by VK3AUU, Thursday, 1 March 2012 10:10:55 AM
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Sarnian is 100% correct, 'ENERGY IS EVERYTHING'

Unfortunately no one in the political realm seems to get this or if they do they certainly don't talk about it, probably for good reason, don't want to panic the masses.

This whole article is a farce.

May as well help by throwing an anvil at a drowning man!

If this is Liberal thinking, the next election will be a disaster for this country
Posted by Geoff of Perth, Thursday, 1 March 2012 12:31:27 PM
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