Labor lies to Australia as it grovels in Beijing

Advertisement

As the developed world de-risks China, Australia is re-risking it.

This has nothing to do with the national interest, making money, or any argument for cordial relations, it is simply the ALP’s penchant for China groveling writ large.

Australia’s barley sector may be the next beneficiary of the thawing relationship with Beijing, Trade Minister Don Farrell said following another meeting with his Chinese counterpart.

…“I intend to persist and persevere with all of those trade impediments, with a view to resolving them as quickly as we possibly can,” Farrell said in an interview Saturday. “We’re making progress, but the job is not finished,” he said, adding he expected China to remove the barley tariffs after Beijing’s review “if it’s done properly.”

…“We can walk and chew gum, so we can continue to build on our trading relationship with China, stabilize that relationship, but also diversify our economy so that we have a range of a range of choices,” Farrell said.

Errr, riiiight. That’s what’s happening, not:

Why is the Albanese Government lying about it? Because it is managing the political fallout from taking the China bribe in betrayal of the national interest.

Advertisement

Australia should be able to walk and chew gum but Labor’s cavalcade of groveling in Beijing this year, which has already included three premiers and will fold in Albo himself before long, shows it can only do so if both are in China.

When the Taiwan invasion comes, the Australian economy will be the least prepared on earth.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.