Via Morgan Stanley: Increasing noise on possible policy reversal: Shanghai Metals Market (SMM) reported yesterday that the Chinese government was in the preliminary stages of lifting its informal ban on Australian coal imports, but that such a move would still need to be approved by senior leaders. There has been no official comment on the article.
In mid-2018, the US declared the China American Cold War a go. It comprised a series of ratcheting trade tariffs by the Trump Administration directed at China. these were directed largely at shifting global manufacturing supply chains, especially in technology, away from China. The measures were directed specifically at China’s stated aim of dominating global technology, artificial intelligence and robotics by 2025.
Other dimensions of the growing Great Power conflict included freedom of navigation through the South China Sea where China had constructed series of far-flung militarised atolls that armed the distant approaches to its mainland and effectively claimed that ocean as sovereign Chinese.
The Cold War was also concentrated around Chinese ‘sharp power’ which had made significant inroads in influencing policy outcomes within the US alliance network in and around the Asia Pacific via bribes, debt diplomacy and corruption of media.
The China American Cold War showed all of the characteristics of an historic, ideological struggle between liberal democracy and statist growth that had defined the 20th century battle between the US and the Soviet Union.
Don’t listen to what they say, watch what they do, at AFR: Andrew Forrest contracted the potentially deadly COVID-19 virus while globe-hopping in pursuit of renewable energy projects for his Fortescue Metals Group and spent several days in a Swiss hospital receiving high-level care. Why is Australia’s richest man risking life and limb flying around
Via the AFR: In comments that would be reassuring to the Morrison government, incoming Secretary of State Tony Blinken described the revitalisation of America’s core alliances as “force multipliers of our influence around the world” and would seek to stop China setting the rules and norms for the 21st century. “I think, as we’re thinking
Via Martin Wolf at the FT: Here is what has happened. US President Donald Trump asserted for months, without evidence, that he could not be defeated in a fair election. He duly attributed his defeat to a rigged election. Four in five Republicans still agree. The President pressured officials to overturn their states’ votes. Having
Via Sinocism: China agrees to invite WHO expert after second COVID-19 test – CGTN The British expert was among two WHO team members who did not board a flight to China after they tested positive for IgM antibodies in Singapore on Thursday. U.S. and China clash at WHO over scientific mission in Wuhan | Reuters
God help me, I agree with Innes Willox for once: A leader of a powerful business group has called for a better alignment of the nation’s economic and strategic interests, urging Australian companies to resist bullying from China and for diplomats to get “their hands dirty’’ by helping to find alternative export markets. Australian Industry
The “evil” Murdoch press carried a must-read story for every Australian on the weekend about the CCP’s attempted re-education of Australian Olympic gold medalist, Mack Horton: On a mild October day last year Cheryl Horton was cleaning the backyard pool at the family home – a chore she rigorously avoids until it can be ignored
Via CCP mouthpiece, The Global Times: The price of liquefied natural gas (LNG) has surged to record highs in recent tradings, with the weekly spot price assessment settled at an all-time-high price of $21.45 per million British thermal units. While most market analysts are focusing on the underlying market factors including seasonable price movement, a
Via Micheal Green at Foreign Policy: First, Campbell is widely recognized as an early and important architect of a strategy to build up alliances and partnerships to keep Beijing in check as Chinese power grew. In the mid-1990s, he was appointed as the senior U.S. Defense Department official on Asia, arriving with relatively little regional
Who knows? All of the evidence says not. But it needs to happen, at the AFR is former Costello staffer David Alexander: The benign view of the rise of authoritarian China, a view underpinning three decades of policymakers pressing for ever greater integration with that country, suffered a mortal blow when the superpower handed over
Via Bartho: Within the past fortnight, China has taken two steps that undermine the ability of the incoming Biden administration to build a western alliance to contain China’s growing and increasingly aggressive global assertiveness. On the final day of 2020, China signed an investment pact with the European Union despite pleas from Biden advisers to
Via The Australian: China has accused Australia of “weaponising the concept of national security’’ after a $300 million bid by a Chinese state-owned company to buy a construction company was scuppered by Josh Frydenberg. China State Construction Engineering Corporation pulled its nearly $300m bid for the Australian-based but South African-owned Probuild after the Treasurer indicated
Let’s hope so. Via Yahoo: The hostile relationship between Australia and China appears to be damaged beyond repair, a researcher and academic has declared. According to a recent analysis piece by Beijing Foreign Studies University’s Australian Studies Centre assistant professor Diane Hu, the incoming Biden presidency may reset America’s relationship with the Asian superpower, but
Grab those pearls! America is falling apart. If I have to read this one more time from some mainstream media hysteric then I will convert to Islam. America is not falling apart. Last week’s little riot in the US Capitol was prosecuted by a small number of frustrated, delusional loons. To describe it as an
The latest 538 polls have the US Georgia senate runoff vote tightening: My thoughts on this are pretty grave. If the Dems win then the shackles come off for stimulus, corrective class policies of higher wages, capital gains and corporate taxes. This will aid the party to bed down the swing in the mid-west “blue
Via the ABC: Australia’s media has faced “persistent efforts” by the Chinese Communist Party (CCP) to influence and censor content, according to a new report from an Australian think tank. In an analysis of 24 privately-owned Australian media organisations that produced news media in Chinese, the Australian Strategic Policy Institute (ASPI) found four had evidence
Clearly Hugh White thinks he is losing the China debate, which is true, except at the treasonous ABC. So, he’s changed his arguments. Until now, Hugh has followed a basic line of reasoning: China will grow faster than the US forever. That will give it a much larger economy in due course. Which will translate
First up, China has declared forever war on Aussie coal, at the ABC: Chinese state media appears to have confirmed that Beijing has blocked Australian coal imports, in a move which is likely to cost the economy billions of dollars and further inflame tensions between the two countries. Nationalistic state-owned tabloid The Global Times reports
From the sensible Ian Verrender at the ABC: So, what’s Plan B? For Australian exporters suddenly caught in the headlights of an increasingly hostile regime in Beijing, the answer, it appears, is: there isn’t one. If it hasn’t sunk in quite yet, the chances of a rapprochement are slimming by the day and any chance of
What started the Pacific war? Martial Japanese expansionism. But what was the actual moment when Japan decided to pull the trigger? It was this: A series of events led to the attack on Pearl Harbor. War between Japan and the United States had been a possibility that each nation’s military forces planned for in the
The ABC has made an extraordinary editorial decision to support the CCP in its attack on Australia. I cannot emphasise enough how outrageous this is. Taxpayer dollars are now being recycled as a propaganda campaign to end freedom for taxpayers. Needless to say, this is an unprecedented collapse of journalistic ethics at Australia’s national broadcaster.
I can’t vouch for this list from News: Australians are being urged to steer clear of 41 Australian wineries after a viral list revealed they were actually owned by Chinese companies. …it does not reveal crucial details such as what percentage of each winery is owned by Chinese companies, and many social media users pointed
More Chinese trade war on Australia today with timber and wheat joining various other agribusiness products. Yawn. It’s not all bad news by a long shot. The trade war has also played a key role in putting a rocket under the iron ore price as traders price in a geopolitical risk premium not unlike oil
Via Sinocism: As China-Australia Ties Worsen, Iron Ore Remains Bulletproof – Bloomberg China has few alternatives as it seeks to stimulate its economy post Covid-19 through infrastructure investment, with Australia accounting for more than half of iron ore shipments globally. If Beijing were to try to purchase solely from non-Australian producers, at best it could
More treasonous coverage of the Chinese attack on Australia today at the ABC. First up, we get the whinging beef lobby: China’s ban on beef imports from several Australian abattoirs has cost the industry hundreds of millions of dollars while eight meatworks wait to resume trade. Last year, exports of red meat to China were
Yawn. Via News: China is Australia’s most important partner when it comes to imports, with Aussies snapping up a staggering $71.3 billion worth of goods and services from China in 2017/18 – the equivalent of 18 per cent of Australia’s total imports and covering everything from telecom equipment to computers, furniture, toys and sporting goods.
More Chinese abuse today: China has suspended the importation of more Australian beef, this time from Meramist Pty Ltd, the sixth supplier to face such a move in a country that is one of China’s main meat suppliers. China made the decision on Monday but did not provide a reason. We know the reason. Topping
CCP-captured Labor is speaking with forked tongue again. Via Domain: Opposition foreign affairs spokeswoman Penny Wong wants sensible discussion between the federal and Victorian governments over the state’s Belt and Road deal with China, but stopped short of saying the agreement should be terminated amid rising tensions between Australia and China. On Monday, final amendments
On the weekend, Labor and its vertical market media cheerleaders made it plain that they are irretrievably wedded to a stone dead Chinese engagement dogma no matter the cost. The Guardian is the top of this traitorous pile: The former Australian prime minister Kevin Rudd has accused Scott Morrison of overhyping the significance of a