A war is most likely going to crash most stocks on the ASX, though. China's demand for LNG keeps on growing, and it's pretty much becoming a country in its own lane.
a kinetic war ( shooting/bombing and stuff ) maybe
not , it will create a demand for industry and commodities ( food and minerals/energy etc. ) probably at the expense of massive debt issuance
now a full-on trade war that could be very nasty for OZ , all our 'friendly customers ' already have incredible amounts of debt already , how much credit do you extend to serial debt-pigs ?
so will we be silly enough to reject Chinese buyers ? ( after the last 5 years complete stupidity is possible )
ALSO , China is very capable of helping emerging nations to develop energy sources ( places like Afghanistan , in the Indian Ocean , Africa ) AND China is expanding a variety of energy generation , solar , nuclear ( including thorium ) , hydro , coal , gas , oil ( haven't seen much on wind in China ) even generating gas power from agricultural waste ( for smaller villages )
( and we continually downplay India as a future customer )
Going to be still better than what the banks are going to give me, and that will drop lower over the next few years, by looking at things.
that might depend on your timing of bank stock purchases , the BIG 4 will struggle for growth ( but unlikely to be let fail )
WBC for example has been below $20 for two different periods since the beginning of 2011