Rudd: Australia’s China push back is “yellow peril”

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No doubt about it, Labor is committed to twenty years in opposition. From Kevin Rudd today:

The most important thing about Australia having a national China strategy is to have one. At present, we do not. What we have instead is a government with a series of attitudes about China, rather than a coherent policy for dealing with China.

We seem to have a government more interested in fanning public hysteria over ‘‘reds under the beds’’, almost a new yellow peril, all suddenly requiring the Australian people to stand up against the Chinese hordes. It has taken what is a three-out-of-10 challenge to Australian national interests and values and turned it into a nine-out-of-10 existential threat.

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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.