How on earth can Australia compete with A manufacturing powerhouse like China, there are more people in Shanghai City than the whole of Australia Shen Zhen is a modern "miracle".
China was the centre of manufacturing in the 1400 century, and political division cut it away from the world, now 2011 we see a new dynamic, China owns the bulk of the US debt , fundamentally the U S defence budget.
Can we compete, hell no, we are good at commodity export, we are a clean green food producer, we mine profoundly large natural surface resources.
We ca't compete as a manufaturer, we shouldn't try.
Just get better with the tools we have, " off the sheeps back" to use a previous commoditised catch phrase.
Rant over, air beef from Whyndam for aviation content, my grandpa was into it !!!! Bristol Frighteners, Centaurus Engines, unlimited Oil W100