News Snapshot:
Is your immediate investment future ‘ chewing gum stuck to the bottom of China’s shoe ’? That was how Chinese propagandist Hu Xijin, editor of the Chinese Communist Party-owned Global Times , charmingly described Australia last year. Since then, as you know, Australia-China relations have gone from bad to dire. Beijing has slapped bans on more than $20 billion of Aussie exports to China, including coal, beef, barley, seafood, and wine. It’s yet to take the same action with our biggest export, iron ore. But Australia, as you’ve also seen recently, has fought back. The AUKUS agreement with the United...
