Treasurer Josh Frydenberg has given an update on Australia’s economy, saying it has weathered Beijing’s economic coercion and is encouraging businesses to continue diversifying away from the China market. The treasurer’s comments come just days after former Prime Minister Paul Keating wrote a scathing op-ed critical of the Morrison government’s handling of bilateral ties. Frydenberg…
Australia Weathering China Storm: Treasurer
Beijing Strangles Its Steel Industry To Rein in Iron Ore Prices
Analysis Iron ore prices have tumbled after Beijing appears to have successfully suppressed the country’s demand after they cracked down on its domestic steel production. The key steel ingredient plummeted from near-record high prices of US$220 a tonne in July to US$140 last week, reaching its lowest value since December of last year. To achieve…
Ninety Percent of Australia Opposes the Chinese Communist Party
Ninety percent of Australians are opposed to the Chinese Communist Party (CCP), one of Australia’s leading thinktank’s has revealed. A Lowy Institute’s 2021 survey— of 2,222 Australian adults—found that while two-thirds of Australians had positive views about Chinese people, Chinese culture and history, an overwhelming 90 percent of Australians were strongly opposed China’s communist system of…
15 Aussie Politicians Call for Action on Chinese Ownership of Newcastle Port
Fifteen Australian politicians, including the deputy prime minister, have called for action from the federal government on the Port of Newcastle (PON), which is partially leased to China Merchants, a Chinese state-owned enterprise. In a letter to Prime Minister Scott Morrison and Treasurer Josh Frydenberg seen by The Australian, Senator Eric Abetz of Tasmania expressed concern…
China Launches Flurry of WTO Actions Against Australia
China has launched three simultaneous WTO actions against Australia, arguing that tariffs implemented on Chinese railway wheels, wind towers, and stainless-steel sinks were excessive. The move has been described as “petty” by the Australian finance minister and follows World Trade Organisation (WTO) actions by the federal government against Chinese tariffs slapped on wine and barley…
Barnaby’s Return Firms Up Coalition Stance on China and Rejuvenates Nationals’ Push For Regional Australia
The newly installed Deputy Prime Minister of Australia, Barnaby Joyce has indicated he will take a strong stance on China and climate change policies in Australia. Joyce told his first party room meeting as the leader that Australia’s freedom could be challenged as other superpowers rise in the Asia-pacific pushing out the pax-Americana (American led peace)…
Barnaby’s Return Firms Up Coalition Stance on China, Rejuvenates Nationals’ Push For Regional Australia
The newly installed Deputy Prime Minister of Australia Barnaby Joyce has indicated he will take a strong stance on China and climate change policies in Australia. Joyce told his first party room meeting after winning majority support in a leadership spill on that Australia’s freedom could be challenged as other superpowers rise in the Asia-Pacific, pushing…
Australia: Taking China to WTO Over Wine Tariffs Enables Negotiations
MELBOURNE—Australia’s complaint to the World Trade Organization (WTO) over China’s anti-dumping duties on wine exports should enable bilateral negotiations, Foreign Minister Marise Payne said on Sunday. The government filed a complaint on Saturday over duties that were applied last year and nearly wiped out exports of Australian wine to the Chinese market. “What lodging the…
China Has Been ‘Very Clear’ About Their Intentions: Australian Defence Minister
Australian Defence Minister Peter Dutton has said that China has been obvious about its intentions in the Indo-Pacific and it wouldn’t be in the country’s national interests to ignore it. He also warned that Australia is already at war on a cyber front from adversaries that he won’t shy away from naming and shaming if…
Beijing Ignores America’s Pledge to Stand With Australia
Beijing has again blamed Australia for the current diplomatic tensions between the two countries after the Biden administration told China they would not take steps to improve bilateral relations while an ally was under economic coercion. President Joe Biden has reportedly told the Chinese Communist Party (CCP) “we are not going to leave Australia alone…
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