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calvin asked Do you think that Aust will benefit more economically in the near future when China becomes superpower?
In the next 20 years china is expected to be replace the US as the world's most dominant economic and military power. Do you believe Australia will become more wealthier being such close proximity to China and continue to be their mine?
And got the following answer:
I think yes, in the same way the Australian economy benefited from the Japanese boom, in supplying coal, iron ore and other primary products, as well as a large influx of tourism, not to mention benefiting from being able to buy cheap products from there. Chinese are one of the largest migrant groups in Australia, and one of the largest student groups in Australia. Australians have cultivated some very good social and business links with China (as have many other Western countries), so Australians and Australian businesses will be participating in the growth of China's industry and economy.