As G7 pivots from China trade, Canberra goes all in

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Albo’s China pivot is going to go down as one of the craziest moments in the history of liberal democracy.

After Australia illustrated to the world that Beijing is a radically unreliable trade partner, capable of capricious and arbitrary sanctions, Albo was elected and immediately pushed Australia’s head back into the same economic noose.

Labor is busy restoring the China trade dependence with premier-level missions from VIC, QLD, WA, and, later this year, Albo himself, to celebrate 50 years since the infamous Gough Whitlam tour.

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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.