If Chinese “elites” decide that they nolonger like Australia we will soon know about it. I would guess the first signs might be a drop in the ever growing immigration applications to Australia from China and lower demand from Chinese real estate buyers for Australian property.
I wouldn’t hold my breath for either scenario to evolve soon. Wealthy Chinese cant leave China fast enough. Amazing what a democracy can do for people’s freedom of speech too once they arrive here.
BKL Price at posting:
$167.88 Sentiment: None Disclosure: Not Held