This is from this morning’s Australian: Trade alliances caught in crossfire as the giants clash. It’s about how Australia will be runover in a clash between the US and China over trade.
Xi will resist any attempt by the US to lock in verification and enforcement of a trade agreement. Nor is he likely to abandon his attempt to dominate the future hi-tech landscape by heavily subsidising Chinese companies while stealing competitors’ intellectual property and forcing foreign companies to transfer technology to Chinese partners.
Well fancy that, the US resisting these sort of things. Naturally, the story is anti-Trump and this was merely a subsidiary point on the way to something else. Meanwhile we have this from our fools to the east here in the South Pacific: Ardern hits China reset button as Australia remain on the outer.
While her government still has to make hard decisions about the use of equipment from Chinese telecommunications giant Huawei in New Zealand’s next-generation 5G network, Ardern secured the invitation to visit Beijing despite a range of other sensitive issues with China….
Xi noted that New Zealand was the first Western developed country to sign a free-trade deal with Beijing and talked about Wellington’s future participation in China’s Belt and Road conference later this month. “During the past 47 years of diplomatic ties, China-New Zealand relations have made historic strides and have become one of the closest between China and Western developed countries,” he said.
Elect a far-left loon as your Prime Minister and this is what you get.