In Australia, as in many other countries today, two self-isolating clusters of influencers have emerged that seek to steer dealings with the People’s Republic of China. The two groups rarely intersect except to voice mutual …
Tag Archive for: "debt"
Even before the outbreak of Covid-19, the level of global debt was high by historic standards. According to the Institute of International Finance, by late 2019 global debt (including private and public debt) was more …
Australia will inevitably be called on to play a leading role in the economic and fiscal rescue package Papua New Guinea desperately needs. The amount required to prevent PNG from becoming a failed state is …
Tonga, a nation of 170 islands and just over 100,000 people, is carrying a heavier Chinese debt burden than any other nation except Djibouti, the strategic port at the mouth of the Red Sea. Official …