Albo’s China dependence grows


Aside from its war on youth and workers, Albo’s second most egregious policy is his betrayal of the national interest in reference to China.

The developed world is busily derisking China at a spectacular speed. We know foreign direct investment in China is falling. US imports of Chinese goods are falling. And investment into Chinese markets is falling:

Yet Albo dills are still intent on increasing Australia’s China risk profile. The dependence is still climbing:


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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.