WORLD EXCLUSIVE: Chinese spy spills secrets to expose Communist espionage | 60 Minutes Australia 11/19
China has poor intellectual property enforcement leading to counterfeiting and illegal copying leading to competitors going broke.
From 2009, China has the cash and USA the debt due to a trade imbalance.
In 2011, USA is staying in Asia to make it safe and commercially viable.
Brisbane held its first APC Summit in 2011. The second is in 2013. The next is in 2019. This is big for people doing Asian business.
In 1986, Dwight Walker, our director, visited South-East China and Hong Kong on a short south-east Asian holiday. It is a huge country. Back then it was sleepy but it has been waking out of its sleep over the past 20 years and is overtaking USA as the powerhouse economy of the world since the Global Financial Crisis of 2008!
In March 2017, Dwight Walker is interested in using Hong Kong PCB manufacturer to create an embedded system in transport and communications.
Skype is proving to be very useful in reaching China cheaply from Australia. Chinese are keen to learn English and Western technology to develop their country.
We feel we can assist there and also grow our business in a burgeoning area right on our doorstep here in the Asia-Pacific region.
We are interested in configuring ecommerce between Australia and China for Australian agriculture exports to China. This did not eventuate as Alibaba did all ecommerce between China and Australia and a trade war between China and Australia led to trade tariffs being introduced by China for exports from Australia to China due to Australia wanting an enquiry into origin of Coronavirus in China in December 2020.
In mid-1980s Dwight Walker visited Canton. This is now a thriving hitech area including horticulture and electronics.