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Australia must stand its ground in Washington and Beijing

Asia's economic miracle was created by co-operation and trade, not muscle and power. Australia needs cool, determined diplomacy to preserve it.

Peter Drysdale and Shiro Armstrong

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For Australia to join the great decoupling from China that some Americans and Australian security officials are demanding would bring devastating costs to Australia and to economic and political security across north-east Asia.

It fails to appreciate that exorcising our trade with China would also decouple trade from Japan, Korea and south-east Asia.

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Peter Drysdale is emeritus professor of economics and head of the East Asian Bureau of Economic Research and East Asia Forum at the Crawford School of Public Policy at the Australian National University.
Shiro Armstrong is a professor and director of the Australia–Japan Research Centre at the Crawford School of Public Policy at the Australian National University.

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    Original URL: https://www.afr.com/policy/economy/australia-must-stand-its-ground-in-washington-and-beijing-20200902-p55rt2