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
No prospects for China-Australia relations to get back on track soon, political analyst says CNBC 6 hrs ago Sumathi Bala
Relations between China and Australia are unlikely to get back on track anytime soon after Beijing on Thursday moved to indefinitely suspend all high-level economic dialogue with Canberra, according to a political expert.
James Laurenceson, director of the Australia-China relations institute at the University of Technology Sydney, called China s decision to halt all activities under the framework of the China-Australia Strategic Economic Dialogue, as more than just a symbolic move.
Outlook for China-Australia relationship appears bleak, says political expert
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Australian Ministers Open for Talks After Beijing Axes Economic Dialogue Platform
Trade Minister Dan Tehan has expressed disappointment at the suspension of high-level economic dialogue by the Chinese Communist Party (CCP), stressing that the Australian government is always open for talks to resume.
On Thursday, the CCP “indefinitely” suspended all future activities under the China-Australia Strategic Economic Dialogue, following last month’s termination of the Belt and Road Initiative (BRI) arrangements by Foreign Minister Marise Payne.
Tehan told Channel Seven on Friday, “We want to have a dialogue with China; we want to be able to work through our differences.”
No Prospects for China-Australia Relations to Get Back on Track Soon, Political Analyst Says – NBC New York nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
James Laurenceson, director of the Australia-China Relations Institute at the University of Technology Sydney, described the strained relations between Canberra and Beijing as complicated. I see no prospects on the horizon for this relationship to get back on track, he told CNBC on Friday, adding both sides are blaming each other for the breakdown in dialogue.
The National Development and Reform Commission, China s economic planning agency, announced Thursday that it will indefinitely suspend all activities under the framework of the China-Australia Strategic Economic Dialogue.
The move comes after some officials in Australia launched unspecified measures out of a Cold War mindset to disrupt cooperation with China, the NDRC statement said.