Australia must not sign more trade deals with China

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Trade Minister Simon Birmingham says the federal government is considering “all dispute settlement options” in response to China’s recent move to ban a range of imports from Australia. Birmingham has also suggested that the targeted nature of the import bans raises questions about China’s adherence to the free-trade agreement (ChAFTA) that the two nations signed in 2015.

From The Australian:

“The targeted nature of Chinese government measures on Australian goods raises concerns about China’s adherence to the letter and spirit of its ChAFTA and WTO obligations,” [Birmingham] said.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.