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Yawn, at the AFR:

Beijing’s ambassador has warned the Morrison government that its pursuit of an independent inquiry into the coronavirus pandemic could spark a Chinese consumer boycott of students and tourists visiting Australia, as well as sales of popular agricultural exports like beef and wine.

In an exclusive interview with The Australian Financial Review, Chinese Ambassador to Australia Cheng Jingye denounced Prime Minister Scott Morrison’s push for an inquiry as “dangerous” and predicted it would fail to gain traction among global leaders.

“Resorting to suspicion, recrimination or division at such a critical time could only undermine global efforts to fight against this pandemic,” he said.

Mr Cheng also refused to accept that the virus had started in a Wuhan “wet market”, claiming the scientific jury remained out on its origins.

Talk about doing us a favour! Note what isn’t on the list: dirt. That’s because the truth is the CCP is lot more dependent on Australia than vice versa.

Yes, you heard that right. Why do they put so much effort into corrupting such a small and marginal country? Aussie bulk commodities are the key ingredient in every CCP plan for the construction-related stimulus that keeps it in power.

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Let’s press ahead with the investigation. If the CCP is going to cut off the corrupting influences in our universities, property market, business and government then that’s more upside than losing a few tourists.

Moreover, if they will cut off this commerce over a lousy virus investigation then imagine what they’ll do later if we let the influence grow?

It’s time we risk-managed the CCP out of our economy and lives.

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Let China burn.

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.