“…the Chinese hate Clive Palmer”

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WA Premier Colin Barnett says billionaire MP Clive Palmer is weighing on the China relationship with his state:

…“It does make a difference and to put it bluntly, the Chinese hate Clive Palmer,” Mr Barnett told ABC radio today.

…Mr Palmer was “making it very difficult” for others to use Cape Preston port, which was originally planned to be a multi-user facility, the premier said.

…“He’s, in their view and I think they’re right, he is taking unfair advantage of an agreement … and he is trying to get more money out of them than was originally negotiated,” Mr Barnett said. He agreed Mr Palmer should not be underestimated, but to “overestimate him also would be a mistake”.

The Libs and Chinese have at least one thing in common!

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.