China is buying up Australian national assets at an alarming rate. Most Chinese companies investing in Australia today are owned by the Chinese state, who are looking out for their long-term strategic interests, not ours.
Sherri Goodman, a former Pentagon and US Department of Defence official, has been clear about China’s intensions.
“China does have a strategic view of its future, it looks out and plans out decades ahead to see what kinds of resources it needs to feed its massive population,” she said.
Ms Goodman said it was one reason China had bought agricultural land in Africa and why it was moving into the Arctic in order to access mineral rights and other investments when the area was opened up.
“I think China is on a global quest, for resources to feed a hungry and thirsty nation and it’s going to continue,” she said.
“That’s why (Australia) should be mindful of Chinese foreign direct investment and what the implications are for this society.”
Currently, Newcastle Port – a critical national asset and the world’s largest coal port – is being targeted by Chinese companies. Enough is enough.
The more of our ports China owns, the more leverage they have over our most important export industry. As a free and sovereign nation, this is not in our national interest.