Lowy Institute lead economist Roland Rajah said that China is likely to"It has a range of options including trade and diplomatic ones. China has already targeted quite an extensive range of Australian industrial and agricultural products so much so that is running out of possible hits."China is likely to hit back at Australia after the Federal Government scrapped an infrastructure agreement signed by Victoria with the economic giant.
But Mr Rajah said the prized Australian exports of iron ore and liquified gas should be safe from Chinese retaliation. Recent data showed Industries targeted by Beijing - including beef, seafood, timber, barley, coal, and wine - totalled about $29 billion in 2019. The total value of these exports to China in the three months to January 2021 was about $5.5 billion a year - a huge decline.
He said the Victorian Government had got "caught out" by the rapid decline in Canberra-Beijing relations.
Let's not forget that the B&R initiative, in its infancy, was applaudedand embraced by the Federal LNP. Now that China is on the nose, they, as usual, pull the old Sargent Schultz stunt. We see nothink, we know nothink!!
Well in the law the federal government over ride states agreements .
Australia is absolutely fine on her own. China can mind their own Uyghur business.
China is not our friend. We must stop supporting slave labour, genocide, murder, invasions, coercion, threats, financial manipulation, mass pollution, cyber crimes, bullying and lies. BoycottChina BoycottChinaProducts BoycottChinaOlympics
Australia should work hard to find ways to support Chinese people get rid of these dictators.
Dont worry Aussies,Chinese only bark....
China's threats confirm exactly why these agreements should never have been made in the first place. Very naive.
I am gonna watching how China sanctions our iron ores and coal. The markets are soaring, they can't afford them anyway.
Do they know nothing about Aussies, push us and we will push back, regardless of cost.
They love to bully dont they?!
Get back in you’re box China.
While they're at it, arrest DictatorDan and charge him with Treason. Dan loves the CCP
China can get stuffed. Lets all ban anything to do with China. Time for Australia to start working and trading with decent countries. Enough of the threats from the Nazis of 2021.
It's inevitable
All bark no bite. Only thing China lashes out are threats, nothing more
Yeah yeah
Probably a beat up knowing how close 9 is to the PMO. Incumbent governments do well out of a drama. Covid is coming to an end and the Liberals / Nationals need a distraction away from their incompetent vaccine logistics skills.
Please do not hurt the Australians. They are allowing Chinese students to enjoy fresh water, meat, seafood, university studies and freedom in Australia.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Victoria responds to federal decision to axe Belt and Road deal with China | Sky News AustraliaThe Andrews government has responded to the federal government’s decision to scrap Victoria’s Belt and Road agreement with China - acknowledging the foreign Relations Act is a Commonwealth responsibility. \n\nThe controversial Belt and Road initiative involves a large-scale network of Chinese-funded infrastructure projects stretching from Asia to Europe.\n\nThe statement released by a spokesperson for the Victorian government said, “the Foreign Relations Act is entirely a matter for the Commonwealth government”.\n\n“The Victorian government will continue to work hard to deliver jobs, trade and economic opportunities for our state.' \n Good! Federal government wiping Xi’s cum from Andrew’s face.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
China criticises Australia's 'provocative' decision to tear up Victoria's Belt and Road agreementChina has slammed Australia's 'provocative' decision to tear up Victoria's Belt and Road Initiative agreement with Beijing, warning the move will further damage bilateral relations. Not sure there has been any bilateral relationship for the past 1 year, don't know what they are on about. The fact Beijing is upset over this only shows how important it was for them to get a foothold in Australia. China has poisoned the world. Murdered 3 million plus global citizens and destroyed countries economies. Their plan all along.
Source: SBSNews - 🏆 3. / 89 Read more »
Victoria’s Belt and Road deal with China torn upVictoria’s controversial Belt and Road agreement with the Chinese government has been torn up, with the Morrison government ruling it falls foul of Australia’s national interest. How can anyone trust Morrison Why are the Chinese seemingly more upset about the Victorian BRI agreement being torn up than the Victorian government? Maybe that says all there is to say about who benefited more from the MOU. Smart and protective in my book. When the monster is coming for you circle the wagons.
Source: theage - 🏆 8. / 77 Read more »
Victoria’s Belt and Road deal with China torn upVictoria’s controversial Belt and Road agreement with the Chinese government has been torn up, with the Morrison government ruling it falls foul of Australia’s national interest. Gallo_Ways Good. Gallo_Ways Fantastic news! Gallo_Ways All Trans Tasman agreements should also follow after New Zealand’s despicable security risk to Australia amid the 5 Eyes betrayal auspol springst
Source: smh - 🏆 6. / 80 Read more »
Federal government rips up Victoria's controversial Belt and Road agreements with ChinaForeign Minister Marise Payne says the deals struck with China are 'inconsistent with Australia’s foreign policy'. Morrison and Payne are hard core ideological zelots.. Just stunningly pitiful stuff She looks like someone sucked her blood LesStonehouse Didn't see that coming....
Source: SBSNews - 🏆 3. / 89 Read more »
China trade retaliation fears as Australia tears up Victoria's Belt and Road dealFarmers are not confident of a quick resolution to the trade dispute with China after the Commonwealth Government tore up Victoria's Belt and Road deal with Beijing. China should simply stop our Iron Ore exports. Really tell Morrison and Payne--in the bum what ideological idiots they are. It's truly a day of shame for Australia. shouldn’t have torn it up then Should Australia needs to kowtow to China? That so-called Belt and Road Initiative is China's trap to dupe poor countries into its influence.
Source: abcnews - 🏆 5. / 83 Read more »