Headless chook Australia careens into China chaos

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Read the MSM and you might think that Australia/China relations as are back on track. “Reset” as it were. It doesn’t look that way to me!

First, Treasurer Frydenburg has made the right call on the APA takeover:

Treasurer Josh Frydenberg has formed a preliminary view that Hong Kong-owned CK Group’s proposed $13 billion acquisition of east coast gas pipeline owner APA Group was not in the national interest.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.