Given the Aussies had enough pull in the region to stop China from putting a internet connection to PNG and the Solomons, they can still arm twist the Solomon parliament to vote against allowing the Chinese to establish a base there. Failing that they can instigate a regime change.
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- Thread starter bd popeye
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Then China ought to update their "no interference" stance if, and only if their own National security interest is being compromised by another power like in Solomon Islands for example. If the Chinese keeps playing this moral high ground, that would result in a far more costlier result against China. At the end of the day, China will almost always be accused of influence reality or not, might as well do it.
Having their little Ukraine or Cuba moment innit?
Hello Brandon?
Qingshan acquired some nickle mines in Indonesia, and was expecting nickle price to fall due to future productivity. It's a common mean in international commodities trading to hedge the price and lock down the profit margin by shorting or longing futures, yet Qingshan didn't have the kind of nickle commodities exchanged in LME. Therefore, Qingshan made a deal with a Russian company to swap Russian's higher grade nickle product if any buyer wants the futures delivered.
That is where the problem begins. As Russia is in conflict with Ukraine, commodities are banned by western countries, and Qingshan was basically naked trading (cannot deliver the commodities) as a consequence, vulnerable to all the risks in futures trading.
Glencore now saw the opportunity to rob the lion's share of Qingshan, so it managed to squeeze the price even higher and demanded instant delivery of nickle commodities for the near mature futures contracts when clearly Qingshan cannot.
Qingshan has to seek for help from the government. While western countries used such dispecable ways to block normal trading, Chinese govt also decided to ditch the rules. LME's main shareholder, HKEX UK, is controlled by central govt and demanded to cancel and withdraw any trading contracts of nickle in March 9 (if I'm not mistaken). Meanwhile, Qingshan announced that it managed to get enough nickle commodities in stock from Central Government to deliver the contracts in the day before. The nickle futures price fell immediately, because such huge amount of nickle commodities were useless to Glencore and the last thing Glencore wants is to see futures contracts delivered.
In futures trading, all we need is faith.
Ah I see, sorry about that. I mostly source my info from a few users from twitter on matters related to economics and finance, I'll try to be careful when they mention anything related to China.
This so-called advisor has gained some fame, and notoriety due to this 2019 interview in which he pretty much laid out the rational, and the known intent that Ukraine sought this war against Russia for their own strategic reasoning. Apparently this dude had been preparing, advising the Ukrainian government on this very scenario. It looks like he's almost mapped everything out.
supercat
Major
Actually, both political unrest and no-confidence vote were tried to derail Solomon Islands' relationship with China. We arrived at this stage because both failed.
I guess she would be ecstatic if the Han Chinese became extinct, because that would certainly hurt the CPC! Some of the pro-West Chinese are really the worst China-haters.