Showdown: What if Beijing doesn’t blink first?
Trump is forcing a trial of strength with a rival not known for submission and we can only wait to see if the No 2 economic power bows to No 1, with unpredictable, dangerous consequences.
Trump is forcing a trial of strength with a rival not known for submission and we can only wait to see if the No 2 economic power bows to No 1, with unpredictable, dangerous consequences.
ASX roars back to life in best day since November 2023. $A rose over 1 per cent after Monday’s meltdown. China slams Trump’s 50pc more tariff threat as Hong Kong hits out at ‘bullying’. Bets rise on 0.5pc RBA May rate cut.
With northern Australia becoming far more strategically significant since 2015, booting out the Chinese company will be a positive election outcome.
One of Australia’s best-known investors says there will be no return to normality after Donald Trump upended markets with his trade war.
Beijing has warned Australia not to discriminate against the country’s businesses amid a push by both sides of politics to strip Chinese-owned company Landbridge of its lease over the Port of Darwin.
Rare earth stocks defied the market carnage as China’s move to restrict exports threatened key industries like defence and renewables.
Chinese stockmarkets have tanked and business owners are angry, as The Australian discovered on a visit to Yiwu, China’s biggest wholesale market.
$112bn was wiped off the ASX on Monday with China retaliating against US tariffs and the Trump administration defiant while global markets crashed.
Granting a Chinese company a 99-year lease of the Port of Darwin was a bad decision made a decade ago.
Ukraine, an African nation and Denmark are discussing mineral pacts with Washington as President Donald Trump is pressing for access and hoping to outduel China for raw materials.
Even Ukraine, whose economy has been devastated in the three years since Russia launched a brutal, all-out invasion, was hit by the new minimum tariff. Yet Russia itself was spared.
Anthony Albanese’s ABC radio interview on Friday was meant to be a cunning political ploy, showing that Labor had thought of the idea of pushing China from the Port of Darwin first. It turned into a word salad of uncertainty, dressed in contradictions and confusion.
Even veterans of Wall Street were feeling the stress of the moment, and the start of perhaps the most turbulent and uncertain time in the markets in years.
Representatives from ByteDance, the social media platform’s Chinese parent company, said approval for the transaction has been withdrawn.
Donald Trump’s global trade war is a strategic gift to the Chinese president.
The impetus behind Donald Trump’s tariffs is not difficult to understand when seen against the carnage caused to the US by cheap imports and a predatory China.
The Australian Dollar is the weakest it’s been in five years thanks to Donald Trump’s tariffs.
The King secretly met the Duke of York to discuss his future, including plans for a Chinese investment scheme run by an alleged Beijing spy, a new document claims.
A global recession is almost inevitable after China waded into Donald Trump’s trade war with retaliatory tariffs of its own.
A Wall Street bloodbath slashed the S&P 500 by 6 per cent in its worst crisis since the Covid crash, after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
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The parallels between the visits to Australia of Teddy Roosevelt’s Great White Fleet in 1908 and Xi Jinping’s Chinese flotilla in 2025 could not be more stark.
Peter Dutton will immediately boot out a Chinese-owned company from the strategic Port of Darwin if he wins the May 3 election and appoint an Australian operator, or take over the lease interest using acquisition powers.
One likely reason for Donald Trump coming down so hard on Southeast Asian nations is they are seen to have aided and abetted Chinese efforts to circumvent US trade sanctions.
The US President suggests he could cut the 65 per cent tariff rate if Beijing allows a sale of TikTok, but Chinese government advisers warn China is now in a ‘struggle for survival’ with America.
Peter Dutton will immediately boot out the Chinese-owned company from the strategic Port of Darwin if he wins the May 3 election and appoint an Australian government-approved operator or acquire the lease interest using powerful Commonwealth acquisition powers.
Tariff decision cannot be seen outside the bigger geopolitical forces.
What’s wrong with tariffs? They just protect a nation. Look what free trade with China has done to our manufacturing base, as we can’t compete with cheap labour.
Asia is the heart of the world’s manufacturing hub with Australia at the start of a complex supply chain. Despite relatively mild tariffs on our exports, Asia’s hit will be seismic.
After the cumulative tariff rate on Chinese imports were raised to almost 70pc, China’s response has stoked fears the Australian economy will be shaken by the worst trade war since the 1930s.
Original URL: https://www.theaustralian.com.au/topics/china-ties/page/4