An article in today’s Global Times newspaper, one of China’s more bombastic nationalist tabloids, provides a glimpse into how determined Chinese officials are to “decouple” their trade with Australia, especially in the hugely valuable iron sector.
Sino-Australian relations deteriorated sharply in 2020 over disputes related to the origin of COVID-19, the South China Sea, and Huawei. Now, Beijing appears determined to use Australia’s dependence on the Chinese market as a weapon to retaliate against Canberra for what it sees are malign attacks.