I am against the Chinalco takeover,I could just imagine the tables being turned and Aussies owing a large chunk of Chinese land.......yeh done deal...I think not !!

The first lesson Australia must learn in dealing with the Chinese is they will only accept terms which aree favorable to them. The second is that in establishing or increasing interests in Australian resource companies they firmly believe that they are negotiating from a position of strength in that they are convinced Australia has weakened itself economically in the past 12 months. Once they have waht they want this exercise will ensure their manufacturing of a secured supply of raw material at prices they control. In other words they will achieve what the Japanese failed to do in WWII without lifting a finger in anger.

The sad part about all this is it is almost too late for Australia to do anything about it. Our position is now so weak we are almost at the point of economic subservience to the Chinese.

They control the high ground and benifit from the daily flow of bad news out of Australia as they plan each step.

With his previously heralded understanding of the Chinese, Kevin Rudd should have been an asset to us, instead his well advertised bumbling of the economy is contributing to our spiralling demise as a stable nation.

Mike Dee

The Rudd Govt may not recognise it yet, but given further consolidation of the rapidly growing Chinese ownership, and/or control of Australia’s resources, a time will arrive when their government elevates the connection from one of business, to that of a political platform.

That is, an altered stance declaring - we the PRC have invested vast sums of money here, which at the time of Australia’s dire need for capital, were supposedly destined to afford a greater level of prosperity for its people, yet in turn we have been constantly denied fair return on these investments. All we ever wanted is the Pilbara, or at least 90% of it, yet we have to contend with unnecessary political obstacles to reach this basic need. After all, our hard cash for your minerals is as good as other commercial interests.

As a consequence of Australia not wanting to help our “corporations” who have invested these vast sums in order for us to gain adequate supplies of basic raw materials, it is regretful we now have to consider a reciprocal policy of limiting access to our home markets.

Further, we suffer constant regulatory interference in the management of our investments here, whereby Chinese nationals are limited both in number and in the roles they play. Yet once again, we have a mere two hundred thousand of them managing our substantial resource interests in Australia, when in fact we need three times that number. Indeed, we demand fair play on this matter of adequate human resources.

Also, we have, on an ongoing basis met interference in adopting substantial economies in the far flung mining communities we operate in. Having to source costly food supplies and consumer goods from local suppliers; also meeting with a long held tradition towards the use of expensive American and Japanese machinery, when a transition to Chinese made goods machinery and managerial skills would deliver substantial economic benefits. Protectionism as you well know, is an unfair business stance

In short, we would like the opportunity to apply more efficient methods to the running of our businesses

Lastly, since we have been buying vast quantities of Australian Uranium in recent years, and in the process have transferred billions of dollars to your economy, we would like to re-visit our discussions on building a nuclear waste repository at a remote site


Far fetched – I think not !

Going to form, their script has already been written and played out elsewhere on the planet and as time passes it will be far more difficult for Canberra to avoid it playing out here.

Agree with Shannon (May 21, 2009) - the Chinese Government would not think twice about rejecting an Australian proposal like this one being proposed by Chinalco & they would reject it in less than a heartbeat. It's bad enough with the Oz Minerals sale of assets to China's MinMetals, what's next on the "For Sale' block?

I don't know how many of you are from Queensland, but expanding on Malcolm's comments, it may interest you to know that Anna Bligh is considering the sale of most of the infrastructure in Qld that remains Australian owned. I'm referring to the article in the Sunday Sun where she stated that, due to these tough global economic times, we are all going to have to make sacrifices to replenish the State coffers. She stated that nothing would be considered too sacred to sell, including Qld Rail and our Ports and Power Stations. Well why don't we just wrap up the whole of Australia in a big bow and sell it to the highest bidder, which by the way wouldn't be much these days.

Honestly the Government should not be able to sell public owned assets without our consent. This is tantamount to stealing. All taxpayers are shareholders in these assets. They have been bought and maintained with our money and we pay the wages of the Public Servants that direct these monies ON OUR BEHALF! If you look at the Poll on this site re the sale of public assets, Australia is saying a resounding NO, with over 90% of voters rejecting the proposal. We have had enough of being treated like naughty children who don't know any better and I hope all Australians will rebel if the Government ignores our wishes.

Why would the Rudd Government even consider approving the sale of a large part of Australia's resources to a communist country - particularly to the communist Chinese owned company, Chinalco?

Surely, this is not in the national interest and could compromise national security, affect world prices of Australia's resources and export earnings and evenually loose control of Australia's resources.

The government must block Chinalco's proposed investment in Rio Tinto.

If the deal is approved, could the Prime Minister have done a deal with Li Changchun when they secretly met at the Lodge?

Certainly Kathryn, since PM Rudd made it to office, Wayne Swan's arm of government has been acting as a sub branch of Beijing. About one major sell off deal for each week in office.




It hasn’t dawned on our political managers that the world is getting a lot closer to the brink of running low on a wide range of natural resources, and in hindsight this will soon lead us to an acute awareness of a new Golden rule.

That is, “he who has the resources, will tend to make the rules”

This is the legacy we leave a future generation of Australians – servitude to those who control our mineral resources. Indeed, we will hand our children the privilege to work for foreign masters

As it stands Australians have reached a point where we have lost control of more than 80% of this country’s mineral assets and we now answer to masters in London, Geneva, Hong Kong, Houston, Tokyo, Delhi, – and of course, Beijing.

The difference with China is that companies normally owned by public shareholders are usually the ones involved in dividing up Australia, where at any time those companies can be bought for a suitable amount of cash offered to its owners- “the shareholders”.

In China’s case though, their business sounding names are in fact entities of their sovereign government – The Peoples Republic of China. Semantics, I think not.

Indeed, do try and buy one of these Chinese “companies”

Simply put, it means we are selling parts of Australia for the exclusive use of a foreign state, and the day will surely come when a business difference arises whereby we are confronted with a country-to-country dispute. Some might say this will never happen, however their long held form suggests otherwise.

Apart from the Chinese attitude to events of Tiananmen Square, Tibet, and their abject slavery imposed on local populations in a number of African countries where minerals are being extracted - right now the American govt is asking Australia to consider taking in a handful of Chinese Uiger Muslims who have been held prisoner at the Guantanamo Bay detention camp. The American view being one of safety for these Uigers, and the maltreatment they will receive if sent home.

Now the immediate Chinese response to this American plea to Australia sternly demands that we butt out of such dialogue. In other words, their human rights concerns are incidental to their demands.

Maybe they don’t know it yet, but if the Rudd government perpetuate this long held political policy of being party to Australia’s colonisation it will inevitably lead to their early demise – and later on, probably an “up close and personal” encounter with China.

This RIO/Chinalco deal is politically masked as a corporate play in the interests of free-trade, which clearly it is not. Yet until the Chinese policy of disallowing the rest of the corporate world to buy/own/sell Chinese assets, corporations, etc changes, then we have no business dealing with them because theirs is a one way street.



Perhaps this thread on Senator Joyce’s web pages discusses more of the detail. A lengthy read, but one worth absorbing.

http://www.barnabyjoyce.com.au/Issues/Thisweekinpolitics/tabid/56/articleType/ArticleView/articleId/741/Keep-Australia-Australian.aspx

Most people will remember that the Federal Minister for Defence received only a tiny rap over the knuckles for travelling back and forth to China at some Chinese woman's expense. Interesting!

The Minister for Climate Change has a Chinese name, which could also be of some significance.

In answer to Kathryn's question as to why our government would consider selling us out to China, the answer is fairly simple.

We are moving rapidly towards a global government. Someone/s outside of our own country are running the show and calling the shots.

There are clearly moves afoot to break the USA, Australian and European economies, partly using "Green" methodology e.g. Emissions Trading Scheme.

It is interesting to note that China has the world's strongest economy.

Japan and Korea have recently ramped up their defence capacity, with Korea recently setting off another nuclear test, possibly with the aim of giving China a little warning.

Now here is the most frightening thing. People are being increasingly indoctrinated with Globalism. Recently a woman told me if I wanted to keep work contracts in Australia, and increase import tariffs to keep Asian good out, I WAS A COMMUNIST!!!

Another person returning from a holiday in China came back singing the praises of communism!

Garry:

Yes, that's right. I'm told China has plenty of its own iron ore. Part of their plan of World rulership is to use our resources up first.

Next they will bring in their own workers.

We now have in our midst, a melting pot of people from every race, religion and culture. I think those with communistic agendas will deliberately set Christians and Muslims against one another in order to abolish religion and bring in Atheism - the non-religion of Communists and The Greens.

Since 2006, we have had sedition laws in place. Now anyone who disagrees with the government can be thrown in the slammer.

Everything must be done to stop this. Rudd needs to be asked some hard questions in Parliament. Who will do this Mr. Joyce ?

I think debates on this topic should be unemotional and definitely not racist (comment above, "The Minister for Climate Change has a Chinese name"). I think there is a threat from the Chineses Govt buying Australian resources companies with proxy companies like Chinalco (even though the Chinalco deal fell through - there will be others). There is a constant economic war being waged and Australian resources are the fodder the feeds so many armies. Rio grew out of the Australian company CRA. BHP was an Australian company until the merger with Billiton (they tell us it still is).

The stand that Barnaby took on the Chinalco deal shows what a brave man he is and how effective he can be. He needs our support to continue the battle.

NO COUNTRY SHOULD BE ALLOW TO OWN LAND AND THE WEALTH RESOURCES OF OUR NATION> GO TO CHINA AND SEE WHAT YOU CAN BUY.

# Bandits Manchots .... It is all part of the " Buy Australia" campaign. Indeed, it has been a Canberra methodology for years. Our so-called need for foreign capital, and all that

We now own less than 20% our resource industry...Have been actively selling off domestic real estate to foreign interests for years, to a point where the dream of Australians owning their own home is rapidly getting to be a bridge too far.

Now it's the food chain under attack from foreign interests. They having a need to supply their own in the decades to come.

Tenants in our own land. That's the future !

One or two politicians are sounding the alarms bells, but that's about all. The rest are fixated on their four year terms in office without a care for the next generation of kids who will inherit the mess.

The reality is, children here have a bleak future ahead of them