A blog about...books, mainly on history, current events, or philosophy. Other thoughts TBA.

Wednesday, August 19, 2009

China and Australia

With a little understanding - Economist.com

In the western Pacific, China lays at one end and Australia the other; therefore the relationship between the two is important. What is interesting about this description is the surface dichotomy between the political and economic ties between the two countries. Reading this, and one gets the impression Australia is welcoming Chinese dissidents, and China is acting like a child in the knee-jerk response.

Yet economic connectivity still goes on, and the head of the Australian Treasury is optimistic about this.

The further question will be how China and Australia balance the Chinese need for resources vs. Australian economic sovereignty. When Chinese companies are state-owned and want to control huge amounts of Australia's resources, one can see the hesitation.

No comments:

Followers