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Economics

This tag is associated with 5 posts

Australian Treasury too rosy about China


In October 2009, a former top Treasury official at the Australian embassy in Beijing slammed the Rudd government for a “dysfunctional China policy”. Stephen Joske went further, saying “there’s no one in Treasury who can tell up from down on China, beyond what they read in the newspapers” – a serious charge given the importance … Continue reading

Australia warned of China economy danger


Former Australian prime minister John Howard has warned Australia not to become mesmerised by China, and instead focus on maintaining an efficient and productive economy. In a major speech to the Australian Chamber of Commerce in Shanghai, Mr Howard said he believed Australia must stay diversified and not become reliant on the mining industry. China … Continue reading

Australian debt may grow beyond $300 billion limit


Australia’s debt could breach the government’s legislated $300 billion maximum limit this calendar year as the outlook for Australia’s resource sector deteriorates. Treasury’s senior budget official, Nigel Ray, told the Senate economics committee last week that the debt was expected to rise no further than $290bn in 2013-14, based on the budget forecasts. Although it … Continue reading

Australian stocks surge to 19-month high as US fiscal cliff averted


THE sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world’s biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at a 19-month high of 4705.9, also after better Chinese manufacturing data helped lift commodity … Continue reading

July 16 2012 China Daily Mail Headlines


China’s Catastrophic Deleveraging Has Begun Posted by jackbassteam ⋅ July 16, 2012 ⋅ Leave a Comment 1. The frustrated and aggressive central bank If one wants to know how bad the health of China’s economy has gone, look no further than the PBOC‘s composure, which seems rather frustrated and aggressive as of late. On 5th July, … Continue reading

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US-China rivalry rooted in lost trust

US-China rivalry rooted in lost trust

As early as 2005 John Gersham and Melvin Goodman alerted against the trend of an over-militarized US foreign policy. The warning has been a recurrent theme of American debate, although it gained little traction. The debate recently spilled into mainstream media with The Economist averring that “an over-militarized foreign policy that embraces unrealistic objectives is liable to fail.” […]

Overnight News Headlines (Australia): July 20, 2021

Overnight News Headlines (Australia): July 20, 2021

Originally posted on Craig Hill:
Children account for 15 per cent of Australian farm deaths, says AgHealth study – 15 per cent of farm deaths are children under 14 years old, according to an AgHealth Australia study; A Ballarat farmer says she is shocked almost one in six … Australia’s first body image program for…

China in the News: July 20, 2021

China in the News: July 20, 2021

Ford unveils lower-priced Mustang Mach-E in China to qualify for subsidies – Previously, this was the only Mach-E priced low enough to qualify for China’s EV subsidies. It was joined by Extended Range RWD and AWD versions as well as the … NZ in ‘position of vulnerability’ over China hacking accusations – New Zealand has […]

Cadence Column: Asia, July 19, 2021

Cadence Column: Asia, July 19, 2021

China faces a three-pronged attack in the realm of public opinion. The Olympics converge with COVID; the third is three levelings up in Chinese military aggression. COVID is seen in the public eye as having mainly originated from China. Even with conspiracy theories surrounding Fauci and Gates, no explanation lets China off the hook. That […]

Overnight News Headlines (Australia): July 19, 2021

Overnight News Headlines (Australia): July 19, 2021

Originally posted on Craig Hill:
Race on for Australian rare earth supplies as fears grow over China’s market ‘monopoly’ – It comes two years after David Gainer, the US Consul General to Perth, visited a rare earths mine near Laverton in outback Western Australia just days into the … Swim league to be launched in…

China in the News: July 19, 2021

China in the News: July 19, 2021

First human death due to monkey B virus reported in China – Patients of rare viral infections transmitted from the monkey have been reported in China and the U.S. in succession. According to China’s state-run Global … Commentary: A pity China can’t seem to ditch its wolf warrior diplomacy – Despite recent exhortations from President […]

The Nuclear Future of East Asia

The Nuclear Future of East Asia

In the face of North Korea and China’s continuous expansion and advancement in their nuclear arsenal in the past decade, the nuclear question for East Asian countries is now more urgent than ever—especially when U.S.’s credibility of extended deterrence has been shrinking since the post-cold war era. Whether to acquire independent nuclear deterrent has long […]

Overnight News Headlines (Australia): July 18, 2021

Overnight News Headlines (Australia): July 18, 2021

Originally posted on Craig Hill:
New study reveals history of Aboriginal trade with foreign visitors before British settlement – They are markers of an annual Asian occupation of the northernmost tip of Western Australia that remains a mystery. “This is an unknown part of Australian … Lolesio kicks 14-man Australia to win to seal series…

China in the News: July 18, 2021

China in the News: July 18, 2021

China threat: Australia detects two Chinese spy ships ahead of a major US missile launch on Sunday – AUSTRALIA has detected “unusual” spy activity from Beijing after a second high-tech Chinese military ship was spotted approaching the Queensland coast ahead … Chinese in S. Korean entertainment industry face backlash – Some Chinese K-pop stars deemed […]

China targets overthrow of global order as expert warns of ‘brutal authoritarianism’ rise

China targets overthrow of global order as expert warns of ‘brutal authoritarianism’ rise

CHINA has set out to overthrow the global liberal system in favour of a more compatible “authoritarian” order, a former CIA officer has stated. The Chinese leadership has set out to replace the international rules bases order, a former US intelligence analyst has warned.  Nicholas Eftimiades, an expert on China, has warned that Xi Jinping‘s regime believes […]