Nine, for one, welcomes its new Chinese overlords

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Wow. You go, Nine. Publishing straight propaganda from the Chinese embassy now.

China is offering to work with Australia to boost trade and defend growth in response to tariffs imposed by US President Donald Trump in a new bid to find common ground when the world is spiralling into a catastrophic trade war.

The Chinese government is asking Australia to “join hands” with China to defend global trade in response to the American trade barriers – which Trump announced overnight would rise to an unprecedented 125 per cent for China – while blasting Trump for inflicting “sabotage” on international rules.

The Chinese government is asking Australia to “join hands” with China to defend global trade in response to the American trade barriers – which Trump announced overnight would rise to an unprecedented 125 per cent for China – while blasting Trump for inflicting “sabotage” on international rules.

Sure, let’s do that. Here’s the price.

In short, it is the end of Nine as a journalism outfit.

It is almost worth it.

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The one good thing about the Trump trade war is how much harm it will do to the Chinese economy, especially now that it’s being singled out for pain.

Does nobody remember the flotilla that just sailed around Australia practicing nuking our cities?

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.