China Creates Good will in Asia – Australia
Beijing is trying to cereat free trade agreements with countries in the PanAsian region.
The US is trying to strengthen its ties with traditional Chinese adversaries; India, Japan and Vietnam.
Beijing is striking deals.
The US is trying to save the world.
In May of this year, Australia shipped its first installment of $25 billion worth of liquid natural gas to China.
As a result Australia is enjoying an economic expansion of its own – thanks to China. Some in Australia call a tax reduction last year in Australia – the China Tax Cut."
But does that mean that Australia will not be the close ally to America that it has been? Does it matter? Is it even a question worth considering?
What do you think?
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