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Risky tactic by the CCP

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 68,558 Founders Club
edited May 2021 in Tug Tavern
China’s pressure campaign against Australia is increasingly moving into energy commodities, with at least two Chinese importers of liquefied natural gas reportedly ordered to buy from elsewhere. This is partially the result of trade diversion that was bound to happen with the signing of the “phase one” U.S.-China trade deal in early 2020; to even come close to meeting its ambitious import targets, China needs to buy a whole lot of energy from the United States. But targeting Australian gas, coal and other energy commodities is a little risky, given that Chinese demand is likely to remain high for a long time.

Comments

  • doogie
    doogie Member Posts: 15,072
    Risky to what? The “agreement” they signed with a dude who isn’t in power?

    Was there any intent by China to follow through with their commitments when they signed it?
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,137 Standard Supporter
    doogie said:

    Risky to what? The “agreement” they signed with a dude who isn’t in power?

    Was there any intent by China to follow through with their commitments when they signed it?

    Like we say, no.

    The CCP knew they already had the election in the bag. the fix was in.