Commentary Australia’s Treasurer is doing something unconventional for treasurers and finance ministers of countries that have extensive trade with China. He’s warning his business community about increased dependence on the authoritarian country, and encouraging them to trade elsewhere due to the likelihood of increased future tensions. Treasurers are usually the last to advise against trade…
Australian Exports Records Historic High Despite Beijing’s Economic Coercion
May 26, 2021
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Asia & PacificAustraliaAustralian Bureau of StatisticsAustralian economyaustralian exportsBusinesschina-australia trade disputeChina's Ban on Australian ExportsEconomiesInternationalWorld
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Australian exports reached a historic high of $36 billion (US$28 billion) in April on the back of skyrocketing iron ore prices. Preliminary monthly trade data from the Australian Bureau of Statistics (ABS) also reveals that Australia’s trade goods surplus rose to $10.1 billion (US$7.9 billion), the third-highest on record. “Exports remained steady, increasing $12.6 million…
Beijing ‘Using Australia as a Proxy Punching Bag’ for the US: Former PM
Former Australian Prime Minister John Howard told Sky News, Beijing is “using Australia as a proxy punching bag” for the United States. As one of Australia’s longest-serving prime ministers, Howard made efforts to deepen the nation’s relationship with China. But since leaving office in 2007, he has perceived Beijing to become more “aggressive,” resulting in…
WHO Team Investigating CCP Virus Fails to Find Origin
February 11, 2021
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Asia & PacificAustraliaCCP Viruschina-australia trade disputecover-upInternationalWorldworld health organisation
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The World Health Organisation (WHO) team conducting the investigation into the origins of the CCP virus has failed to determine where the virus originated. Peter Ben Embarek, head of the WHO mission, said further studies were required to determine if the virus was imported or if the virus had been spread directly from animals to humans….
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