Comment by nl

> When has any deal with China worked at a strategic advantage for the other side?

Australia did well out of the Australian-China free trade agreement and then won the subsequent (Australian-caused) trade war.

Turns out being able to produce iron ore cheaper than anyone else and having plenty of alternate buyers when China bans imports means the iron ore price just goes up, Australian miners make more money and Chinese manufacturers get annoyed at Chinese trade policies.

Wasn't awesome for Australian lobster fishers though.