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The CCP’s Economic Coercion Tactics Against Australia Meet Its Waterloo
Commentary
Coercive economic policy is one of the key means of the Chinese Communist Party’s (CCP’s) presumptuous diplomacy style. Take a look at the foreign ministers’ meeting at G7 on May 5, when it criticized the CCP for “arbitrary, coercive, economic policies and practices.” The next day, the CCP’s National Development & Reform Commission (NDRC) issued a statement on its indefinite suspension of all activities under the China-Australia Strategic Economic Dialogue, stepping up its economic coercion of Australia to a whole new level since 2020.
Seemingly, the CCP has great favorable conditions for its retaliation against Australia. Firstly, based on the Australian Bureau of Statistics, from 2009 to 2010, China surpassed Japan, becoming Australia’s main export country. In the four-year period from 2014 to 2015 and 2019 to 2020, the value of Australia’s exports to China had doubled, an incre
Press release content from Business Wire. The AP news staff was not involved in its creation.
Australia Flexes Muscle in Talent War with Newest Immigration Program
April 21, 2021 GMT
LONDON (BUSINESS WIRE) Apr 21, 2021
The global battle for talent supercharged by the Covid-19 pandemic shows no signs of abating, with Australia sending out strong signals that it intends to succeed with its latest immigration offering under the Australia Global Business and Talent Attraction Taskforce. Under the purview of the taskforce, there is a fast-tracked visa program with a streamlined path to permanent residence for talented individuals. The Global Talent visa has been designed to grow Australia’s innovation and tech economies in a bid to boost economic recovery, enhance resilience, and drive competitiveness by attracting dynamic, highly skilled individuals to relocate to its safe shores.