China’s March of World Conquest By James Reed

     Here is a complex, highly detailed article dealing with China’s massive advances into the Saudi oil realm, as part of its march to global domination, if not dictatorship:
  http://news.goldseek.com/GoldenJackass/1522008000.php  

“Chinese investment across the Arab oil region is extremely evident, and in considerable volume. The extent, range, and depth has never been seen before. It extends from Algeria and Libya in North Africa to Iraq and Kuwait in the land mass, to United Arab Emirates in the Gulf region. The diversification includes port construction, oil production, building refineries, stakes in concessions, and provision of drill equipment. Such is without precedent. In typical Chinese manner, they sow the seeds of commerce, which produce jobs and economic growth, leading to more wealth and a better standard of living. The US approach for too long has been to foment discord, to sell weapons, and to observe economic destruction, with resentment in residue.

In the process of the Chinese invasion into the petro fields, the US and European firms are gradually seeing encroachment on their turf, which had been securely held for decades. But they still have significant presence. It is easy to see that each Arab nation will be nudged into accepting RMB payment in oil shipments. They must comply with the wishes of their investment partner. The end result will be the death of the Petro-Dollar defacto standard by a thousand dragon cuts. It is assured. The demise will be slow at first, then occur suddenly.”

  https://www.youtube.com/watch?v=7hI26G1I9lw

     In short, China is moving to displace the US in the Arab world, and destroy the petrodollar, all with Arab blessing. Massive infrastructure projects are cementing the Arab world into part of the Chinese empire. No matter how much Australian elites kow tow, we are rejected as outsiders, like America. We should rejoice in this, limit immigration and begin strategies for our own economic self-reliance, if not self-sufficiency. Or, we perish.