Australia may be a little late to the party, but the it still has a lot to win as it negotiates its position in the Asian Infrastructure Investment Bank.
Labor and the unions have decided to play the China card in the NSW election. Such scare campaigns ignore the facts, including that Australia has invested almost as much in China as China has here.
Even for a government that has recently made an artform of policy backflips, the Abbott government’s belated, but seemingly inevitable decision to join China’s proposed Asian Infrastructure Investment…
The US gravely miscalculated in trying to get China to accept the existing global order. Forced to make a choice, America’s closest allies are joining the Asia Infrastructure Investment Bank.
Under the Dome, a hugely popular online documentary about China’s smog crisis, could be as influential as 1962’s US pesticide exposé Silent Spring - but only if Chinese officials allow debate to flourish.
It makes sense for Australia to join Britain and New Zealand in the newly created AIIB, but it’s unlikely we will have any significant influence over the organisation.
There can’t be too many people in Australia who don’t recognise that the health of the Australian economy is increasingly determined in China. The boom and all-too-predictable bust in the resource sector…