No James, Australia does not need China

Wednesday, 5 April 2023

Never ask a businessman about geopolitics.

Because right or wrong, you will always get the same answer:

Speaking at the Keith Murdoch Oration at the State Library of Victoria on Tuesday night Mr Gorman, the Melbourne-born CEO who has headed one of Wall Street’s biggest investment banks for more than a decade, said: “Trade is China’s umbilical cord”.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.