We’re letting Xi Jinping weaponise our economy all over again
Our pursuit of growing trade dependence on China is making us increasingly vulnerable to Beijing and its coercion toolkit, right as we watch Beijing employ that toolkit against others.
So, Prime Minister Anthony Albanese is in China for his fourth meeting with Xi Jinping, accompanied by a large Australian business delegation. We hear from the government that now it has “stabilised the relationship” with Beijing, it’s time to grow our two-way trade. That’s the path Australia is on, but we shouldn’t be.
Remember back to May 2020, when the Chinese government began to coerce Australia through trade blockages because our government had called for an international investigation into what caused the deadly global COVID-19 pandemic?
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Michael Shoebridge is founder and director at Strategic Analysis Australia.
