Stuck between China and the US, Australia must choose its best friend – ABC News

… It also buries the notion that Australia does not have

to choose between its biggest trading partner China and its strategic alliance shared values and friendship with the United States.

We have returned to a world of great power rivalry with the risk of war —
Morrison says ever present and growing — and Australia has chosen.

It was the choice we would always make: we are all in with America.

Western Companies “Shocked” After China Rushes Through Anti-Sanctions Law

Comment by tonytran2015: This is called “reciprocity”.
There should be little doubt that the timing is intentional: China on Thursday passed its sweeping new law to ‘safeguard’ Chinese businesses and entities from Western and especially US sanctions, just hours ahead of President Joe Biden sitting down with G-7 leaders in Cornwall to argue […]

Japan throws support behind Australia over opposition to China’s economic ‘coercion’ – ABC News

The two countries issued a detailed joint statement in the aftermath of
the meeting touching on a wide range of issues, including Myanmar,
defence cooperation and tensions in the South China Sea and East China

More European Firms Onshoring In China Than Offshoring, Complicates Biden’s Decoupling Plan

Comment by tonytran2015: This looks like a chaotic retreat by capitalists during which everyone is for himself.
The European Union Chamber of Commerce in China published a new survey titled “European Business in China Business Confidence Survey 2021,” which stated European businesses are onshoring some of their supply chains and investing more in China. Out of the 585 European Chamber member companies operating in…

New Zealand Worried That China “Storm” On Horizon, Urges Diversity Of Exports

New Zealand officials have of late looked at their much larger Aussie neighbor and expressed concern that the island could soon find itself in the middle of a similar trade war with China and generally a target of Beijing’s wrath. New Zealand is…

China overtakes Germany as UK’s top import market – BBC News

Comment by tonytran2015: UK is falling into the same trap Australia has previously fallen into. China will try to control UK’s politics (

… Goods imported from China rose 66% from the start of 2018 to £16.9bn ($24bn) in the first quarter of this year, the Office for National Statistics said.

Imports from Germany fell by a quarter to £12.5bn in the same period…

US Secretary of State says Australia won’t face China’s ‘economic coercion’ alone – ABC News

  • China has imposed a series of trade sanctions on Australian exports ranging from wine to coal

Washington has repeatedly criticised what it says are Beijing’s attempts to bully neighbours with competing interests, and US President Joe Biden has sought to bolster ties with allies in the Indo-Pacific to counter China’s growing power.

“I reiterated that the United States will not leave Australia alone on the field, or maybe I should say alone on the pitch, in the face of economic coercion by China,” Mr Blinken said at a press briefing with Foreign Minister Marise Payne.

For The First Time Ever, Russia Drops Under 50% Of Exports Sold In US Dollars

Via, The more America imposes its sanctions on Russia, the more natural is the desire of the latter to avoid the risk of the consequences of these sanctions. The rejection of the dollar in this regard is something that…

China tells Australia to abandon its ‘Cold War mentality’ while criticising our politicians – ABC News

In his Wednesday press conference Chinese Foreign Ministry spokesman Zhao Lijian, called Australia’s politicians the “real troublemakers” and declared Australia’s hyping of a China threat “unethical”.

… relationship with China,… has deteriorated since Australian Foreign Minister Marise Payne called for an investigation into the origins of COVID-19.

Philippines Defence Secretary Delfin Lorenzana told reporters China has “no authority or legal basis to prevent us from conducting these exercises” in the South China Sea because “their claims … have no basis.” The Philippine coastguard and fisheries bureau started maritime exercises on Saturday inside the country’s 321-mile Exclusive Economic Zone (EEZ),