Of lies and ports in the Pacific

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China is lying:

Beijing’s growing co-operation with the South Pacific is not a threat to Australia’s security, China’s local ambassador says, amid regional alarm a security pact with the Solomon Islands could pave the way for a military base.

In a further conciliatory sign from Ambassador Xiao Qian, he said common interests between Australia and China should outweigh differences that had fractured diplomatic and trade ties between the two countries.

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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.