Cresting the Chinese Economic Juggernaut, Wealth and Dollar Parity

Tim Harcourt, Chief Economist at the Australian Trade Commission, discusses AEAN and Malaysia - Australian trade issues, as well as currency and Aussie dollar issues.

He addresses, also, issues eprtaining to China - Australia trade, and their benefits for Australia, namely export demand, direct investment and project financing.

He also talks about the social and economic challenges of doing (a lot of) business with China, and discusses Chinese bids to increase their shares in miners such as Rio Tinto and Oz Minerals, former PM Kevin Rudd, who was often branded a Sinophile, the Stern Hu incident early this year, and whether in fact, Chinese investment in Australia amounts to a form of economic colonialism.