66%and 17%, how to choose Australia

What will happen to the new normal of Australia and China? This is an important issue facing the Australian and New Government.

Australian East Asia Forum Website June 27 article

Original Title: How to find a common goal with China in Australia

Although Australia's security is supported by the United States Alliance, economic and political focus is still around regional. The economic interests of Australia are mainly concentrated in East Asia, which accounts for 66%of Australia's foreign trade (in comparison, the trade volume of Australia and the "five -eye" allies accounts for only 17%, and only 27%of G7). All East Asia economies have a deep interdependence with China. Therefore, decourse will have a serious impact on regional prosperity and security.

The leadership of Australia and the New Australia no longer made a light anti -China remark. The Australian Defense Minister came into contact with the Chinese Defense Minister in Singapore. These are a good start. Another small measure is to evaluate more than 100 anti -dumping cases against China before the deterioration of the relationship between the two countries (Australia). These anti -dumping cases are tantamount to tax on Australian industries and consumers, and they also run counter to Canberra claimed.

Incorporating China into the multilateral framework and cooperating with regional partners in political and economic partners is the best way to deal with the huge bilateral relations in Australia and China. It can also overcome the trust deficit in bilateral relations. It is not a way to reduce dependence on China. This will cause (Australians) to reduce income and increase government debt. The recent trade agreement signed with India will not fundamentally change the regional economic and trade relations structure of Australia. In all fairness, if China stops growing tomorrow, India's economy will not be able to keep up with China by 2050.

China's economy is highly interdependent with the entire East Asian economy. Instead of trying to fight the economic gravity at a high price, it is better to establish a framework and effectively restrict the ability of countries to apply economic pressure on strategic purposes. Benefit.

Chinese trade organizations such as China and Australia and the European Union have set up the "Multiple Interim Appeal Arbitration Arbitration Arbitratory Arrangements" to respond to the predicament of the World Trade Organization's related agencies to suspend the establishment of obstacles in the United States. China is a member of the regional comprehensive economic partnership, and is interested in joining the "Comprehensive and Progressive Cross -Pacific Partnership Agreement". These are platforms for positive contacts in Australia and China, which can build effective bilateral relations. Australia's neighbors need Khamira to take action in multilateral affairs including China. This will provide a safe and reliable path for the common goals of Australia and China.

Author Peter Deysdale, etc., translated by Qiao Heng

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