As part of The Good Information Project we are looking at the relationship between Chia and Ireland. Here, CJ McKinney examines what Ireland and the EU can learn from Australia’s trade deals with China.
The row has implications in this hemisphere too. If the Chinese government is willing to slap economic sanctions on previously friendly nations that dare to question its internal affairs, how stable can trade and investment relationships really be? On the other hand, given that China’s role in the world economy is only set to grow, perhaps there’s no getting away from the pressing economic need to do business there.
Look a bit closer, though, and there’s a growing consensus that the trade war hasn’t ended up hurting Australia all that much. Despite it coinciding with a pandemic, overall Aussie goods exports to China fell just 2% in 2020. Exports of iron ore – which can’t readily be sourced from elsewhere – have soared even as other sectors have suffered.
She thinks the Australian lesson is that EU governments need to have more confidence in the strength of their position, rather than constantly worrying about what China might do in response to, say, criticism of its purported concentration camps. And it’s not just the Kiwis, Conley Tyler says. “For all the talk of solidarity and ‘having Australia’s back’, Boston lobsters and Canadian barley have quickly taken Australia’s place in the Chinese market.”
mckinneytweets It is disgusting having the Flag of the Criminally Corrupt Chinese Communist Party in any media after the murder of millions of people at the cost of Trillions due to the Wuhan lab . The world need reparations for the disaster the Chinese Communist Party inflicted on the world
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