China is so much more advanced than Australia in so many ways it is ridiculous. China has the world record now for EVERYTHING and I mean everything.
Worlds largest dam, airports, sea freight terminals, anything production/industry, worlds biggest ships, the list goes on. China has invested heavily into their country (and many other countries) around the world. In fact, both Japan and the USA owe ALL of their debt to China, which equates to well over 60 percent of the USA and Japans Gross Domestic Product. (That means that more than half of every dollar spent in both Japan and the USA goes to China.(worlds 3 biggest economies - China, Japan, USA)
Financially, China is now the worlds leading economy financially. You can say USA is, but its not really because of massive debts. China's financial position on paper, makes the USA a third world country. I watch documentaries on China almost every night on Austar/Foxtel, and watch the English spoken 24 hour Chineese Channel, and its a definate education and eye-opener. (if u want to stay financially healthy, u have to get involved with the Chineese, make no mistake). Mike and a few others on here already know just how important China will be to Australia and vice a versa because of minerals in the next day and decade.
Happy Australia day. It doesnt matter what nationality u are, as long as u love your neighbour.
p.s - i think learning chineese is more relevant today in schools than learning french/german like we did as kids. china is a powerhouse financially, and we are lucky to have China nerby. We also have the USA and its aircraft carriers for those paranoid about China. But what a thriving economy which can only help us stay a rich country. Thank god we are not in the Euro.
