Australia has the whip hand on China Trade

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The Chinese Government has threatened trade sanctions if the Australia continues its push for an independent inquiry into the origins and response to the Wuhan Coronavirus pandemic:

High-ranking calls to China have gone unanswered amid an escalating trade dispute with Australia that’s been fuelled by calls to investigate the origins of the deadly coronavirus pandemic.

Trade Minister Simon Birmingham has been seeking to speak with his counterpart since China threatened to impose an 80 per cent import tariff on Australian barley…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.