While China was imposing punitive barriers against Australian exports, its own sales to Australia were rising rapidly, with growth led by motor vehicles, electric machinery and wind towers. China’s annual sales of manufactured goods (excluding …
Articles by: "David Uren"
Indonesia’s success in deploying Chinese capital and innovation to become the dominant force in the global nickel industry has been achieved in the face of concerted opposition from the European Union through the World Trade …
The global institutional architecture designed in the aftermath of World War II to ensure that disaster was never repeated is showing its age. The United Nations, the International Monetary Fund and the World Bank are all …
The grim state of China’s housing market has so far had little effect on the iron ore price because its steel mills are diverting their surplus output onto export markets where they are adding to …
Attacks on shipping in the Red Sea have had almost no impact on the oil price, despite the volume of oil shipped through the waterway surging 80% over the last two years because of the …
America’s economic isolationism is increasingly entrenched, with President Joe Biden’s administration no longer supporting the trade policies advocated by US multinational corporations, retreating instead to a nativist protectionism. Creating the conditions for the global expansion …
China’s demand for Australia’s iron ore is the gift which keeps on giving. It took off in the second half of 2005 and has helped to deliver the Australian economy an amazing $1.2 trillion since …
The hack into the systems of ports operator DP World at the weekend exposes Australia’s high dependence on containerised imports for manufactured goods. Walk into any Bunnings, Harvey Norman, Officeworks, Myers or K-Mart store, and …
US efforts to encourage Indo-Pacific nations to diversify their trade away from China confront a well-established trend towards deeper regional integration, according to a report by the US-based Peterson Institute for International Economics. The Indo-Pacific …
China’s Belt and Road Initiative, which is celebrating its 10th anniversary this week, has now advanced more than US$330 billion, which is about 80% of the lending of the World Bank over that period. The …
Western efforts to choke Russia’s oil profits are failing as production cuts agreed with Saudi Arabia push the market price towards US$100 a barrel and Russia’s biggest customers—China and India—start paying close to full market …
Summit season is in full swing, with the East Asia, BRICS and G20 leaders’ gatherings over the last month and APEC summit yet to come in November in San Francisco. It takes a balloonist’s tolerance …