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China-Australia ties going, going, gone

From asiatimes.com

After Australia’s Foreign Minister Marise Payne canceled the Victorian state government’s memorandum of understanding to participate in China’s Belt and Road global infrastructure initiative a fortnight ago, she said she didn’t expect retaliation from Beijing. That was always a hopeful message for a domestic audience. Yesterday the Chinese government “indefinitely suspended all activities” with Australia under a framework called the China-Australia Strategic Economic Dialogue. China’s foreign ministry also warned Australia “not to walk further on the wrong path”. The Chinese embassy had warned Payne’s “unreasonable ... (full story)

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  • Category: Fundamental Analysis