November 30, 2020

When Australian companies are tangled with worries of losing the Chinese market - from agricultural products of barley and wine to the pillar exports of iron ore and coal - the Australian government has staged another "juvenile" political stunt by accusing China for violence by Australia's own soldiers in Afghanistan. This is a move that experts said is adding insult to injury in the China-Australia ties and showed that Canberra is too blind to see a more miserable future for itself as China is diversifying its import channels to avoid its economic lifeline being hijacked by down under amid rising tensions.

Previous days have witnessed a spike in the tensions between China and Australia as Australian Prime Minister on Monday demanded China to apologize after one of the spokespersons of the Chinese Foreign Ministry reposted a satirical cartoon on Australian soldiers killing innocent civilians in Afghanistan. The Australian government is also clamoring to turn to the WTO for China's "anti-dumping" measures on barley. 

As the responsibility for the free fall in bilateral ties falls with Australia, its recent moves show that instead of reversing the all-around and profound damages it has caused to the bilateral ties, the Morrison administration is too blind to see the hidden risks of damaged relations to its economy, as China has gained an upper hand in reducing dependence on Aussie exports while the latter needs at least three years to recover from China's absence from its pillar industries, analysts said. 

Read more:

https://www.globaltimes.cn/content/1208555.shtml