Country: Australia
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With Prices Low, China Moves Quickly to Secure Supplies of Critical Metals
The year-long plunge in the prices of critical materials used to manufacture electric vehicle batteries, namely nickel, cobalt, and lithium, is destroying the bottom lines of Western mining companies. Mining companies in Australia, Canada, and several European countries are laying off ...
Chinese Megaprojects in Southeast Asia Face Implementation Shortfall: Report
While China remains Southeast Asia’s largest infrastructure provider, major gaps are emerging between pledges and actual delivery, according to a new report by Australia’s Lowy Institute. The report found a $52 billion difference between planned and implemented projects, “with more than ...
Wang Yi Warns Australia about ‘Third Party,’ in Veiled Reference to U.S.
Chinese Foreign Minister Wang Yi met with his Australian counterpart Penny Wong and Prime Minister Anthony Albanese in Canberra on Wednesday, the newest indication that the relationship is warming up after a period of tension. In his opening remarks at the ...
ASEAN, Australia Decry Actions That ‘Endanger Peace’ in South China Sea
By Steven Trask Southeast Asian and Australian leaders on Wednesday warned against actions that "endanger peace" in the South China Sea, following fresh confrontations between Beijing and the Philippines in contested waters. Simmering tensions in ...
Climate and China Loom Over ASEAN Talks in Australia
Southeast Asian leaders gather for talks in Australia on Monday, with clean energy cooperation and Beijing's aggressive stance in the South China Sea tipped to dominate discussions. Climate change looms large on the agenda as leaders from the 10-nation Association of ...
Marcos Says Philippines on ‘Frontline’ of Maritime Disputes With China, ‘Will Not Yield’
Philippine President Ferdinand Marcos on Thursday told Australia's parliament his country was on the "frontline" of a battle for regional peace, pledging resolve as he sought support in maritime disputes with China. With Beijing's warships loitering in waters off his country's ...
Philippines President Plans to Lobby Australia to Join South China Sea Coalition Amid China’s “Worrisome” Use of Warships
Philippine President Ferdinand Marcos, Jr. expressed concern about the introduction of Chinese naval forces in the South China Sea and their use of electronic warfare tactics, including signal jamming. "Yeah, it's worrisome. Before only China's Coast Guard was moving in our area, ...
WEEK IN REVIEW: Sino-Australian Joint Venture to Develop Africa’s Largest Mine in Guinea Edges Closer
The Sino-Australian joint venture to develop Africa's largest mine in Guinea edged closer to reality on Wednesday when Rio Tinto's board approved $6.2 billion for the project. Next, a consortium of Chinese partners must get their boards to do the same to build the mine, rail, and port ...
WEEK IN REVIEW: Australia to Call on China to Remove Remaining Economic Sanctions on Imported Australian Products
Australia's Trade Minister Don Farrell said he would call on his Chinese counterpart Wang Wentao to remove all remaining economic sanctions on imported Australian products when they meet later this month. Beijing imposed tariffs on Australian goods in 2020 after Canberra called for an investigation into the origins ...
Concern Over China’s Growing Naval Presence Dominates Australian Indian Ocean Gathering
The foreign ministers from Australia and India both issued veiled critiques of China's military build-up in the Indian Ocean Region (IOR) at a conference hosted by both countries in the western Australian city of Perth on Friday. The gathering brought together ...
China’s Total Global Trade Fell Last Year Except With Africa, Australia
The value of China's total global trade dipped 5% in 2023 compared to the previous years to $5.93 trillion dollars, according to figures released by the General Administration of Customs (GAC). Every January, the GAC releases these preliminary figures that are ...
Australia Refuses to Send Ships to Red Sea
The Australian government has reportedly indicated that it won’t send ships to join the U.S.-led Operation Prosperity Guardian in the Red Sea. The operation is aimed at containing attacks from Yemeni Houthi militias on commercial shipping and to keep sea lanes open. Defence ...