Globalisation is back with such a vengeance that the shipping lines are struggling to keep up, sending freight rates to astronomic levels. The onset of the pandemic early last year slashed trade volumes and highlighted …
Articles by: "David Uren"
Australia’s phenomenal resource endowment has once again seen it through a difficult period in the global economy, with supercharged commodity markets siphoning some of the stimulus spending by the world’s major economies into Australian pockets. …
The possibility of a military conflict between China and the US over Taiwan is receiving greater attention from both military strategists and political leaders, but there has been little focus on the likely economic consequences. …
The Biden administration’s 100-day review of supply-chain vulnerabilities has produced fresh insights into the United States’ dependence on China for supplies of rare earths and other critical materials but falls far short of a strategy …
Climate change has emerged as a rare zone of cooperation and civility between China and the West this year, but it remains to be seen if this will last through to, or beyond, the 26th …
Financial Times chief economist Martin Wolf has warned that US President Joe Biden’s big-spending stimulus program risks generating a burst of inflation that could lead to a financial crisis and deep recession before the 2024 …
China’s steel industry is blaming the concentrated ownership of Australia’s iron ore mines for the soaring ore price and is calling for Chinese government intervention. ‘We believe that the supply side is highly concentrated and …
China’s economic embargo of Australia helped to persuade several OECD members, including the United States and Canada, to back Australia’s Mathias Cormann as the organisation’s new secretary general, according to the Center for Strategic and …
It would be difficult for Australia to disentangle itself from the supply lines that connect the Xinjiang cotton fields to its retail clothing industry. Almost two-thirds of the clothing sold in Australian stores is manufactured …
Economic nationalism is already threatening to derail the headline commitment of last weekend’s Quad leaders’ summit to manufacture and distribute 1 billion doses of Covid-19 vaccines to poorer nations, which is intended to counter China’s …
The Australian and United States governments both ordered urgent reviews of their supply chains last week amid growing concern about their vulnerability to disruption by China. Australia’s Productivity Commission, which typically takes three or four …
The imposition of US sanctions on the generals of Myanmar last week suggests that economic coercion will remain the first resort for President Joe Biden when confronting international crises. Sanctions are a clear expression of …