Since the beginning of this year, the Chinese Communist Party sanctions Against Australia, continue to escalate. All Australian beef, barley, lobster, wine, sugar, wool, copper ore and coal are subject to extreme sanctions by Beijing. A 212% duty (margin) on Australian wines; Australian coal has already arrived in China, but the Chinese side is not allowed to unload it on shore, leaving at least 50 cargo ships stranded.
In response to the sanctions, Australia plans to Sue China at the World Trade Organisation for breaching international rules. In fact, China has also violated the bilateral free trade Agreement signed by China and Australia in 2015, and the RCEP (Regional Comprehensive Economic Partnership) signed by China and the 14 Asia-Pacific countries including Australia last month (15 November 2020). In fact, has the COMMUNIST Party ever abided by or abided by any international, regional, multilateral or bilateral agreement? Anyone who dares to sign a treaty with the Chinese Communist Party will surely suffer the consequences.
It is well known that Beijing has imposed economic sanctions on Australia for political purposes. The main reason is that Australia asked to investigate the source of the Virus of Novel Coronavirus. Stung by its guilty conscience, Beijing has listed 14 “crimes” in Australia, including its rejection of China’s huawei 5G technology; Australia does not accept Beijing’s claims of hegemony in the South China Sea; Australia’s solidarity with the oppressed in Hong Kong, Xinjiang, Tibet and China; Australia formed an Indo-Pacific alliance with India, Japan and the United States to jointly resist the threat and expansion of the Chinese Communist Party…
As far as common sense goes, all this Australia has done is good, but the Chinese Communist Party, by its anti-human nature, wants to punish and retaliate against countries that have done good. Many countries share Australia’s position, but why is the Communist Party singling out Australia this time around? It turned out that Xi Jinping thought he had learned the essence of MAO Zedong Thought: fight more with fewer forces strategically and fight more with fewer forces tactically, concentrating superior forces to annihilate the enemy. Therefore, in the economic and trade battlefield, Xi Jinping has even copied MAO Zedong’s military means, with the strength of the whole country, to fight a “war of annihilation” against Australia. He thought that once Australia was crushed, other countries were afraid and would no longer be able to “say three or four things” about the evils of the Communist Party.
Australia’s unblinking response: The War of stones! That is, iron ore. Australia is the biggest exporter of iron ore, while China is the biggest importer, with 67 per cent of iron ore coming from Australia. Moreover, Australia controls the world’s pricing power for iron ore. The Trade war between China and Australia is raging and iron ore prices are rising! Recently, the monthly price increase is 30%, and the annual price increase is 100%, equivalent to 250 yuan per ton. China imports 1 billion tons of iron ore every year, and the direct cost is 250 billion! China’s steel and infrastructure industries are beginning to complain, with communist party media even issuing headlines such as “Crazy stone”.
Coal is another kind of stone. As a direct result of the Chinese communist Party’s restrictions on Australian coal imports and unloading, the coal supply is cut off and China is running out of power, curtailing power, and losing power. Across Hunan, the lights and traffic lights have to be turned off after nightfall; In Zhejiang, countless small businesses and workshops are regularly hit by power outages, resulting in overstocked goods and suspended orders that make business unsustainable.
To lift a stone to drop it on one’s own feet, the old saying has been so vividly and dramatically repeated in Beijing. The Chinese Communist Party imposed extreme sanctions on Australia at the cost of China’s national economy and people’s livelihood. It also proves once again that the Communist Party is not acting in the “people-centred” way it advertises, but in the regime itself. The 1.4 billion Chinese people are not only leeks it can harvest at any time, but also victims it can throw away at any time.
In the face of Extreme sanctions from Beijing, Australia has not only not caved in, but united. The morrisons government was empowered by parliament to cancel at any time agreements with foreign countries that were detrimental to Australia’s national security interests, referring to the “One Belt And One Road” of the Chinese communist party, especially the numerous “One Belt And One Road” projects signed by the Chinese communist party with the local government of Australia. And on the international level, Australia gets a lot of help, each country sounds “buy Australian wine”, “guzzle Australian wine” warm voice, with actual action, offset the Communist Party of China sanctions. Beijing’s madness has caused both economic damage and moral condemnation. Economic loss, image loss, it can be called the loss of wealth.
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