NewsBite

Shiro Armstrong

November 2024

How Australia and Japan can keep global trade going

Middle powers can’t do much unilaterally but are large enough to mobilise coalitions for change to keep the world economy open and save the multilateral trading system.

September 2024

Fumio Kishida lasted almost three years at the helm, becoming Japan’s eighth-longest-serving post-war prime minister.

Kishida was better on the foreign stage than at home

The outgoing Japanese PM strengthened international ties and was decisive on Russia’s invasion of Ukraine. However, he missed the opportunity to fix the economy.

July 2024

De-risking from Chinese supply chains would be costly and damaging to national security goals.

Australia can’t afford for economic security to trump trade in Asia

Economic diplomacy that builds interdependence with China in critical minerals and green energy will contribute to Australian prosperity and security, not detract from it.

May 2024

Geely’s electric vehicles bound for shipment to Europe at the Port of Taicang.

US, China protectionism race benefits no one

To counter competition from China, the United States is becoming more like China, and Australia and other nations have joined the game.

April 2024

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How long before the yen is again a safe-haven bet?

If inflation remains positive and interest rates continue to rise, the yen is likely to eventually strengthen.

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March 2024

Japan has huge energy investments in northern Australia.

Why Australia needs a new energy partnership with Japan

A spat over gas supplies and the huge potential for future fuels means it’s time for a binational body to talk over energy issues.

October 2023

Albanese must put mutual challenges on the table in Beijing

Australia and China cannot maintain their standards of living without doing business with each other. But that relationship will be tested by climate change.

May 2023

Penny Wong and Anthony Albanese with ASEAN secretary-general Lim Jock Hoi in June 2022.

South-East Asia needs to write a new rule book for the US and China

A region that depends on Chinese capital and Western markets has to take the lead in managing the superpower stand-off.

April 2023

Japan

Japan seeks to ease US-China tensions as G7 chief

At the G7 summit next month, Japan must strike a balance between pushing back against China’s coercion and stabilising the rules-based order.

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China relies on trade far more than most.

The rule book is the winner in the China trade war

China’s economic weaponisation was blunted by a system with the WTO at its core. The task now is to embed Beijing further into multilateralism.

December 2022

Container ships at the Yangshan Deepwater Port in Shanghai.

East Asia must lead the way on regional economic integration

The US alliance framework remains the bedrock of Australian, Japanese and regional security and stability. But it is through economic engagement that the region needs to entrench US interests in rule-making in Asia.

October 2022

Things we think we ‘produce’ locally - such as face masks - actually include many inputs that come from overseas.

The four fallacies that mean sovereign capability won’t work

Making semiconductors locally sounds reassuring at a time of global supply chain challenges. But in the modern world of complex and interdependent manufacturing it’s an empty promise.

August 2022

The economic ties that bind us to China

Efforts to reduce trade reliance on Beijing are failing, with interdependence actually increasing for the US, its allies and the global community.

July 2022

WTO director-general Ngozi Okonjo-Iweala celebrates World Ocan day last month. The fisheries deal was good for global stocks and for the WTO’s reputation.

Chance for G20 to build on WTO progress

As this year’s G20 host, Indonesia has its work cut out managing the geopolitics of Russia’s membership. But it now also has the opportunity to build on the Geneva Package agreed by the WTO.

June 2022

Hong Kong’s container port: diversifying our trade from China is not possible.

Australia must find common purpose with China

Both nations depend heavily on a multilateral trading system. Strengthening it together is a way of managing their troubled bilateral relationship.

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March 2022

Protesters against the Russian invasion in Turkey.

Sanctions on Russia show benefits of globalisation

Economic restrictions work when they are co-ordinated and target clear, unpardonable violations of international law.

January 2022

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Turn defence ties with Japan into bigger regional partnership

Canberra and Tokyo now need to work together to enhance collective security and economic engagement in the Indo-Pacific.

November 2021

Prime Minister Scott Morrison’s trip to Japan in November 2020 for a historic summit deepened a relationship with Japan that is Australia’s strategic anchor in Asia.

Embrace Japan as most favoured partner to meet the China challenge

In a decarbonising world, the fossil fuel-based energy trade will no longer be enough to sustain the security relationship between Tokyo and Canberra.

September 2021

Trade Minister Simon Birmingham says Australia welcomes interest from other countries including China joining the TPP.

Blocking China’s bid to join Pacific trade pact is the wrong strategy

Canberra should make resolving Beijing’s economic coercion part of the process of signing up to the rules-based Trans-Pacific Partnership agreement.

June 2021

New Zealand’s Trade and Export Growth Minister Damien O’Connor hosts an online meeting for APEC trade ministers from Wellington last week.

Fresh signs of life for global co-operation

As we move to a multipolar world, groupings like APEC can help build consensus. Ultimately, however, the G20 has the best chance at new rules for a post-COVID-19 global order.

Original URL: https://www.afr.com/by/shiro-armstrong-p4yvmf