Wang was responding to comments by Kurt Campbell, U.S. President Joe Biden's top Pacific envoy, who said "China is trying to drive Australia to its knees through a series of sanctions that amount to economic warfare."RELATED STORIES Chinese tourists' appetite for travel boos...
Australia will benefit from its proximity to many other large consumer markets across the Asia-Pacific region. India is already the world's fifth largest economy, with its consumer market forecast to grow strongly over the next decade. The ASEAN region has also become a very larg...
which relied on Chinese tourists until Australia closed its borders due to the pandemic, told the Macquarie Australia Conference he was unconcerned about China's suspension of the Strategic Economic Dialogue. "I'm probably a bit more optimistic that people will do what they'll do. That'...
That's probably why the South China Morning Post commented in the article "U.S. Exports to China Grow at 'Expense' of Australia after Beijing's Trade Ban" that the United States will prioritize its own economic needs over those of its allies, including Australia, despite its close ties wit...
Treasury Department has implemented 38 sanctions programs across regions such as Iran, North Korea, Libya, Russia, and China, according to OFAC.[1] The use of economic sanctions as a tool in lawfare among states is on the rise. The United Kingdom, Canada, Australia, the European Union, ...
Shanghai and Shenzhen and worked for technology companies at the center of China’s tech rivalry with the United States. Now they are living and working in North America, Europe, Japan, Australia — and just about any developed country. Chinese — from young people to entrepreneurs — are vot...
He also pointed out the U.S.'s flagrant double standards in non-proliferation in recent years. "Besides conniving at and supporting its allies' development of missiles and related technologies, it also plans to sell to Australia Tomahawk cruise missiles, which are capable of carrying nuclear warh...
Even though Australia follows the United States in much of its policy, Australian exporters and consumers will be hoping we don’t get caught in the crossfire as the US and China impose sanctions on each other. US President Donald Trump has the power to imposetrade sanctions[1]...
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Australia, and New Zealand accounted for a combined 46.9% of China's exports. The aforementioned nations and ASEAN and India imported 67.1%, or about two-thirds, of China’s total exports. If exports to Hong Kong is added, the figure hit 75.1%, or three-quarters of the total. This show...