Original article by Bo Seo, Angus Grigg
The Australian Financial Review – Page: 6 : 29-Nov-19
Former prime minister Tony Abbott has used a Lowy Institute speech to warn that the crisis in Hong Kong may require targeted sanctions to be imposed on China. He also argued that Australia’s strategy to deal with the growing power of China should include an increase in military spending, which is currently set at two per cent of GDP. Abbott also said Australia needs to establish closer relations with India. He added that it might be time for Australia to undertake freedom of navigation exercises in the South China Sea.
LOWY INSTITUTE FOR INTERNATIONAL POLICY
Original article by Andrew Clark
The Australian Financial Review – Page: 9 : 25-Nov-19
Former foreign minister Gareth Evans is among a number of observers who believe that the Chinese economy will become the largest by 2030. However, he says China will not be the dominant world power by this date. Allan Gyngell, the former head of the Office of National Assessments, adds that the rise of China means that Australia will have to manage its relationship with the nation more carefully. Tensions between the two nations may become strained by revelations that Wang Liqiang has offered to supply details of China’s political interference operations in Hong Kong, Taiwan and Australia if he is granted asylum by the federal government.
AUSTRALIA. OFFICE OF NATIONAL ASSESSMENTS, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE
Original article by Andrew White, Greg Brown
The Australian – Page: 1 & 7 : 19-Nov-19
Former prime minister Paul Keating has used a speech in Sydney to criticise the federal government’s handling of Australia’s relationship with China. He said it is in the national interest to not ignore the "biggest shift in economic power in world history". Meanwhile, Treasurer Josh Frydenberg told the conference that a collective effort will be needed to restore the rules-based global trading system. He also expressed optimism that the US and China can reach agreement on resolving their trade war.
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, UNIVERSITY OF NEW SOUTH WALES, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, CHINA CONSTRUCTION BANK, COMMUNIST PARTY (CHINA)
Original article by Nick Evans
The Australian – Page: 17 & 20 : 11-Oct-19
Fortescue Metals Group CEO Elizabeth Gaines has stressed the importance of Australia’s trading relationship with China. She has told the in a Melbourne Mining Club that commodities exports to China have been a key contributor to Australia’s economic growth, and warned that China will seek other sources of iron ore if relations between the two nations deteriorates. Gaines noted that Ernst & Young has estimated that iron ore accounted for three per cent of Australia’s GDP in 2018-19.
FORTESCUE METALS GROUP LIMITED – ASX FMG, THE MELBOURNE MINING CLUB, RIO TINTO LIMITED – ASX RIO, ALUMINIUM CORPORATION OF CHINA LIMITED
Original article by David Rogers
The Australian – Page: 17 & 27 : 22-Aug-19
Andrew Boak of Goldman Sachs warns that the fallout from the US-China trade war could eventually hit Australia. He says growing tensions between Australia and China could potentially result in a sharp fall in Chinese demand for key Australian exports, including education and commodities such as iron ore and coal. Goldman Sachs suggests that in a worst-case scenario, lower Chinese demand could reduce Australia’s GDP growth rate by 130 basis points in 2020.
GOLDMAN SACHS AUSTRALIA PTY LTD, HUAWEI TECHNOLOGIES COMPANY LIMITED, BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG
Original article by Samantha Maiden
The New Daily – Page: Online : 12-Aug-19
Centre Alliance Senator Rex Patrick has accused the federal government of effectively censoring Parliament over its refusal to support an inquiry into Australia’s relationship with China. Patrick is the co-sponsor of the proposed inquiry, along with Labor Senator Kimberly Kitching. He claims the government is worried about how China might react to such an inquiry, but Patrick says it is not intended to be inflammatory. Labor frontbencher Richard Marles notes Australia’s relationship with China "is a very complex question".
CENTRE ALLIANCE, AUSTRALIAN LABOR PARTY
Original article by Glenda Korporaal, Rosie Lewis, Ben Packham
The Australian – Page: 1 & 6 : 9-Aug-19
The Department of the Prime Minister & Cabinet’s secretary Martin Parkinson says the US-China trade war is unlikely to be resolved in the near-term, and it could last for decades. He has also used an Asia Society briefing to note that the trade tensions have already undermined confidence in the rules-based trade system. Meanwhile, Business Council of Australia CEO Jennifer Westacott says that handling the trade war requires a delicate balancing act, given that the US is Australia’s biggest ally and China is the nation’s largest trading partner.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, JOHN CURTIN RESEARCH CENTRE
Original article by Mark Ludlow
The Australian Financial Review – Page: 12 : 5-Jun-19
Asia Society Policy Institute president and former Australian prime minister Kevin Rudd says the US and China still have a strategic and economic interest in securing a trade deal. However, Rudd estimates that there is now less than a 50 per cent chance of a trade deal, down from 90 per cent earlier in the year. Rudd added that the US-China trade dispute will be a "particularly challenging time" for Australia’s relationship with China.
ASIA SOCIETY POLICY INSTITUTE, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL RESERVE BOARD
Original article by Glenda Korporaal
The Australian – Page: 19 & 20 : 21-Mar-19
Michael Cooper of S&P Global Platts says Chinese buyers have favoured Indonesian coal over Australian coal since January, despite its lower quality. The firm expects China’s restrictions on Australian thermal coal imports to last until the end of May. Meanwhile, Trade Minister Simon Birmingham has rejected suggestions that China’s import restrictions are politically motivated. Some Chinese coal traders have claimed that Australian coal imports have been targeted due to comments made by Defence Minister Christopher Pyne in January regarding China’s presence in the South China Sea.
S&P GLOBAL PLATTS, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF DEFENCE, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN LABOR PARTY, CHINA. MINISTRY OF COMMERCE, GLENCORE PLC, NEW HOPE CORPORATION LIMITED – ASX NHC, CHINA. GENERAL ADMINISTRATION OF CUSTOMS
Original article by Perry Williams, Glenda Korporaal
The Australian – Page: 1 & 2 : 22-Feb-19
The Australian dollar fell by more than one per cent on 21 February following reports that China has imposed an indefinite ban on thermal coal exports from Australia entering five ports in northern China. Trade Minister Simon Birmingham has asked Australia’ s ambassador in Beijing, Jan Adams, to investigate the apparent ban. Australia exported around $2.1 billion worth of thermal coal to the five ports in 2018. It has been suggested that China’s action could be linked to Australia’s ban on technology company Huawei.
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, MINERALS COUNCIL OF AUSTRALIA