Share on Facebook Share on Twitter Share on Reddit + - China crushes Crown By Houses and Holes in Australian Sharesat 10:52 am on December 15, 2016 | 26 comments Abandon hope all you who rely too much on China, even if you’re James Packer: And why? Oh dear. Share on Facebook Share on Twitter Share on Reddit + - YOU MAY ALSO BE INTERESTED INMacro Afternoon Following the very positive finish on WallMacro Morning (Trading Week) By Chris Becker Looking at ChineseMacro Afternoon Today's BOJ interest rate meeting came andMacro Morning By Chris Becker US stocks stalled Comments ResearchtimeMEMBER December 15, 2016 at 11:02 am China killing the Australian chicken, to give notice to the national monkey? IMHO, I think its obvious – and much more to come… C.M.BurnsMEMBER December 15, 2016 at 11:10 am “Australian resorts” … GTFO. how many PR companies were required to come up with that phrase StomperMEMBER December 15, 2016 at 11:19 am How’s that CHaFTA looking now Robb? You traitor!!!! Mining BoganMEMBER December 15, 2016 at 12:00 pm Robb will be okay. Why, even as we speak he’ll be passing on information to the Chinese about those raptors coming to stay in Darwin. He’s just that kinda guy. BubbleyMEMBER December 15, 2016 at 8:50 pm I’m choking on my mango daiquiri – not happy with that [email protected]#[email protected]* 8millMEMBER December 15, 2016 at 1:01 pm I love the term “high rollers” Sounds very professional and law abiding. ……..Likely losing it’s shine a bit now, like Obeid. StomperMEMBER December 15, 2016 at 1:14 pm Video has emerged of Eddie OBeid’s court appearance……. https://www.youtube.com/watch?v=7zUtnsNPci4 DominicMEMBER December 15, 2016 at 1:09 pm Definition of naive: Foreign companies hoping to make a ‘killing’ in China. Same result, every time. adelaide_economist December 15, 2016 at 1:19 pm It’s part of the narrative. Everytime the government talks about signing up to some dodgy agreement with China we get the starry eyed “1.3 billion consumers!” and “a middle class bigger than x”. The reality of how China works (it is still a communist state, contrary to the spruikers dreaming) seems to never get a look in. skippy December 15, 2016 at 5:43 pm Communist state…. chortle… try – capitalist – “state” … Disehvled… special interests [ideologues, corporatists, breathers, et al] run most so called democratic countries now… whats the difference… oh yeah… colour propaganda… NikolaMEMBER December 15, 2016 at 9:04 pm @Skippy – I don’t share your views about lot of things but on this one you nailed it 100%. Jason December 16, 2016 at 4:27 am China’s is not really a communist state any more. The workers do not own the means to production. China is a one-party crony capitalist mercantile state. It’s a hybrid of modern Russia and a pre-industrial European trade republic. StomperMEMBER December 15, 2016 at 1:13 pm Anyone else thinking it might be time to invest in a bunker…… US to fly F-22 Raptors in and out of Australia amid China tensions http://www.smh.com.au/federal-politics/political-news/us-to-fly-f22-raptors-in-and-out-of-australia-amid-south-china-sea-tensions-20161214-gtb2uh.html China installs weapons in South China Sea http://www.smh.com.au/world/south-china-sea-china-installs-weapons-on-artificial-islands-says-think-tank-20161214-gtbh1r.html TailorTrashMEMBER December 15, 2016 at 1:31 pm Maaaate …..now your talking ! ……..however bunkers in straya will only be sold at auction to the highest bidder who will be Chinese ……. GavinMEMBER December 15, 2016 at 1:40 pm I expect Real Estate listings to now include, “Potential for a large double bunker, STCA”. Fucking RE agents and their weasel words… C.M.BurnsMEMBER December 15, 2016 at 1:54 pm oh the irony if everyone who subdivided their previously large block of land into townhouses (or apartments) suddenly finds themselves without enough space to build a bunker RyanMEMBER December 15, 2016 at 3:50 pm Already built bunkers http://www.realestate.com.au/property-house-sa-coober+pedy-122089106 NikolaMEMBER December 15, 2016 at 9:04 pm ha ha ha proofreadersMEMBER December 15, 2016 at 4:11 pm Straya has a wonderful supply of bunkers – they are otherwise known as one BR dogboxes and have been masterbuilt. haroldusMEMBER December 15, 2016 at 2:30 pm What a horrible anus! (http://www.smh.com.au/business/cbd/james-packers-annus-horribilis-is-now-complete-with-crowns-global-retreat-20161215-gtbk99.html) LSWCHPMEMBER December 15, 2016 at 2:55 pm Packer’s horrible anus…Jesus…I wish there was a good brain bleach product on the market so I could remove that image from my brain completely. Anyway…that shitrain of personal and professional failure? Couldn’t happen to a more deserving guy. proofreadersMEMBER December 15, 2016 at 4:15 pm Maybe Jamie should “cash in his chips” by selling Crown to the Chinese? Andrew Robb may be the right guy to broker a deal? TailorTrashMEMBER December 15, 2016 at 5:11 pm “Make no mistake, Crown’s boring old Australian business is now the main game.”………… ….now that’s funny given that much of that “boring old Australian business ” might also be a tad Chinese dependant ……afterall the punters in straya sure as shit aren’t flush with many readies after they pay their grossly inflated mortgages ( which of course China has had no influence on what so ever either ) ……………..so good luck to young James ……..and such a nice Cranbrook boy too …………..wonder what colourful language old Kerry the Goanna might have used to describe all this ……… Shawn December 15, 2016 at 9:25 pm Total number of Stralian 6 star high rollers to fill his 1000 room Bangaroo ‘resort’ everyday? 2/5’s of some number between 1-10. Expect Crown and the governement that gifted Packer our land will make out like bandits on $10 capachinos and $20 beers to the ave SYDNEY Saturday nite punter. bennoz December 15, 2016 at 5:44 pm All good. Just look at BAL. China will save us… not!!! AuRules December 15, 2016 at 6:50 pm A Crown IPO in the planning — ha ha ha — that would be a great investment to get in on the ground floor. I’d love to see Packer lose his shirt — well one of them anyway.