Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Friday, 29 April 2011

Gillard telling China how to suck eggs

Name:         CHAN, Sin Fong
Subject:      Gillard telling China how to suck eggs
Visit Time:  29/04/2011 4:03 AM

Remark:
I wish Julia Gillard stop lecturing the Chinese about human rights, treatment to minority groups and religious freedom.

What is happening in Australia is just the exact opposite. Excessive human rights to law breakers, special privileges to queue jumpers / hooligans on the roof, and in the name of religious freedom, we spend mega-bucks to refurbish public hospitals for the religious minorities and feeding them with special meals.

Wednesday, 1 December 2010

China banning lobster import from Australia

Name:        CHAN, Sin Fong
Subject:     China banning lobster import from Australia
Visit Time: 1/12/2010 12:42 AM

Remark:
Australia's economy is over dependent on China. China is the largest trading partner of Australia - China relies on our iron ore and coal.

Australia is holding a trump card at present, probably until China owns enough mines in other offshore countries. The decline in students coming from China is a huge blow to our economy, but has been swept under the carpet.

Now, out of blue, Chinese are banning the lobsters. What's next?

Wednesday, 6 October 2010

Will Australia's good fortune last?

Name:        CHAN, Sin Fong
Subject:     Will Australia's good fortune last?
Visit Time: 6/10/2010 2:18 AM

Remark:
The wealth and hence the prosperity of Australia depend on mining, which unfortunately is not evenly distributed in every state. The non-mining states at present benefited from the flow-on effect of their good neighbours. Manufacturing in Australia was once the largest employer has now become a non-issue in terms of employment. Excessive reliance on just one major client, China, for our coal and iron ore export, can be seen as a big marketing and business risk.

China has been paving her ways to acquire fuel and resources from various parts of the globe, and this will enable China to hold the trump card in future price negotiation with Australia for coal and iron ore.
Closer examination of China mineral reserves, one will realise that she is using cheap supplies from other countries until their depletion, and by which time, it will be more economical for China to start digging her “backyard”.
Unlike China, progress of India is hindered by the entrenchment of religious believes, and non-centralised governmental system. While India has an advantage at present to be an English-speaking nation, and thus taking the lead in call-centres, IT consulting; such good time will not last long, as the speed of training the Chinese to learn English is progressing fast - mainly due to economy of scale.
To take advantage of Chinese low labour cost, many countries stupidly dig their own graves by helping China to develop at lightning speed as a result of transferring technologies, which cost millions and billions of dollars and many years of research and development.
China will be more than just the factory of the world; she will also be the “office” of the world when white collar or office works are outsourced off-shore to China.
Should the mineral prices go down, office employment outsourced, the Australian economy will decline. The non-mining states will experience the biggest negative impact. The scenario will not be very different from the current situation in America.

Friday, 10 July 2009

Australian arrested in Shanghai


Name:         CHAN, Sin Fong
Subject:      Australian arrested in Shanghai
Visit Time:  10/07/2009 9:56 AM

Remark:
There is a Chinese saying, "It is not too late for a gentleman to take revenge, even after 10 years". The outcome resulting from Chinalco's unsuccessful bid for Rio Tinto, caused by the Rio Tinto's actions left very bitter taste for the Chinese stakeholders involved. The arrest in Shanghai is just the crack which will subsequently damage the Sino-Aussie trade relationship.

Thursday, 13 December 2007

China and Kyoto Protocol

Name:        CHAN, Sin Fong
Subject:     China and Kyoto Protocol
Visit Time: 13/12/2007 3:48 AM

Remark:
The segment on “China beefs up clean energy drive” was fascinating. I returned from The Silk Road tour recently, and agree wholeheartedly that the air pollution in many Chinese cities is totally unacceptable. In LanzZhou, the world’s most polluted city, blue sky and sunny day were non-existent.

On the positive note, I saw hundreds of wind turbines rising like white gum trees in various parts of the Gobi Desert. A tour guide also mentioned that some natural gas electricity plants had replaced the coal-fired plants.

In GuangZhou, motor cycles are banned in the city, partly to relieve the traffic jam, and partly to reduce the air pollution.

China has set itself very high targets in cleaning up the pollution. China knows the health of the 1.3 billion people will suffer if this is not done sooner - the health care cost will be enormous. If China’s economic growth continues at the present rate, it has the money to invest in its scientists to develop technology to clean up the mess.

China’s willingness to reduce the carbon emission is self-imposed. It makes no pledges to the world about its reduction targets, nor tells the world what to do. Actions are more important than just Kyoto Protocol.

The government’s commitment to the Kyoto Protocol may result in closure of coal mines and power stations, and loss of export income. The map of Victoria could be redrawn with coal mining towns turned into ghost towns.