I, for one, welcome our new Chinese overlords

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And for good reason. China has proven to be much more interested in Australian’s welfare than our own leaders have.

It is China that has stopped the flow of capital into Australian property, not local leaders.

It is China that wants an extradition treaty so it can retrieve corrupt officials and money from Australian markets, not local leaders which refuse to install anti-money laundering laws.

It is China that acted to support the Paris Climate Change Agreement and exceeded all emissions targets, not local leaders.

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It is China that has acted with sensible restraint and diplomacy around North Korea while local leaders have acted like puffed-up tin pot generals.

It is China that has killed the Adani coal monster while local leaders have bent and broken every rule to fund it.

It is China that has called for the improvement of Australian pedagogical standards as they crash to allow entry to Asia’s dumbest, not our local leaders.

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Hopefully China will also soon cut off the flows of its people into Australia to stop the crush-loading of cities, the repression of wages and the marginalisation of our youth from home ownership.

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.