It might be conventional wisdom that Australia needs to diversify its trade and reduce dependence on China. There is, however, no magic button that delivers it. No trade delegation to New Delhi or Jakarta is going to pick up a raft of contracts to enable us to cancel guaranteed sales to China.
SMH
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BRIAN TOOHEY. A star-spangled spanner in the works: how US secrecy controls Australian weapons (SMH 25.5.20)
The loss of Australian sovereignty within the American alliance is rarely raised amid the current alarm about whether the US is a reliable ally. (more…)