Australia boycotts Beijing Olympics

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About bloody time:

Australia has joined the United States in imposing a diplomatic boycott of the 2022 Winter Olympics in China, citing Beijing’s coercive trade practices as well as its human rights abuses as reasons.

Prime Minister Scott Morrison has told reporters in Sydney the decision should come as no surprise. He said any reprisals from China would be “completely and utterly unacceptable”.

Pfft, liar. We just boycotted their Olympics!

Let’s hope Beijing reprisals rain upon the Chinese student trade in short order.

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.