China Boycott? Sounds Good, but Can We Boycott Everything? By James Reed
This is a good idea, but really it has been left too late, since China owns everything now, doesn’t it? So, can we boycott everything? Maybe not.
“A list of 41 Aussie wineries and vineyards that are actually owned by Chinese businesses sparked fury yesterday in light of Beijing’s draconian restrictions on local industries.
But now, attention has turned to other “Australian” companies that are fully or partially controlled by foreign interests.
The explosive winery list kicked off a national conversation about foreign ownership, with many Australians calling for more transparency and demanding a wider boycott of all Chinese-owned businesses in Australia as the trade war rages on.
“Expose all CCP (Chinese Communist Party) funding in Australia,” one outraged Twitter user insisted, while another called on the country to “Boycott China, stand up for Australia.”
“Time to compile a list of all Australian companies which favour jobs, manufacturing & industry in fascist China in preference to those in Australia. There are PLENTY. And lots of big names. TIME TO CAMPAIGN – BUY AUSSIE, NOT CHINESE. BOYCOTT MADE IN CHINA,” another posted.
And it turns out there are probably more Chinese-owned companies in Australia than many of us realise.
BELLAMY’S
China’s appetite for Australian baby formula has been insatiable for years on end, and last year, Chinese dairy company Mengniu Dairy Company snapped up infant formula producer Bellamy’s in a deal valued at around $1.5 billion.
The deal was given the green light by the Foreign Investment Review Board, which deemed the acquisition was not contrary to Australia’s national interest.
And in August this year, Mengniu Dairy Company was also poised to take over Lion Dairy and Drinks – the company behind Aussie favourites such as Big M and Dare iced coffee – before the $600 million sale collapsed at the last minute.”
Yes, true, but China pretty much owns the parliaments so the going is hard, but we should fight on. Maybe China will internally collapse, and save our bacon. Hopefully.
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