LUKE HURST & PETER CAI
If Australia is going to move confidently beyond the pandemic we need to get to grips with the long-term consequences of today’s decisions. We also can’t continue to mis-read the practical realities facing some of our biggest export markets.
The latest example of our obsession with short-run thinking followed the most recent monthly briefing by China’s super economic ministry, the National Development and Reform Commission. The agency talked about the need to raise domestic production, find additional sources of supply as well as undertake more overseas exploration.
It has been interpreted by some as the latest Chinese government move to exact a price on Australia in the ever-heightening trade feud.
Read the rest on The Australia [paywall].
