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Old 25-05-2020, 05:36 PM   #23
nstg8a
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Join Date: Nov 2009
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Default Re: Australia - China - Poltics

Quote:
Originally Posted by T3rminator View Post
If the media tells enough lies, enough of the time, it starts to become true.

Here are the facts on foreign ownership. Dig a bit deeper and see which country has majority shareholdings in our banks....clue, its not China.

https://www.dfat.gov.au/trade/resour...s-in-australia

China gives us a massive trade surplus, puts money in our pockets, but they own very little. I lived in London between 2008 to 2013, during the heart of the GFC. You should all thank your lucky stars you didn't have to go through austerity. In part this is due to the massive trade surplus.

That shows that Hong Kong is responsible for one of the biggest increases in foreign investment in Australia.


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Quote:
Originally Posted by pottery beige View Post
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