Exclusive: Australia concludes China decoupling ‘impossible’ after carrying out series of classified studies
Separate administrations conducted investigations into the feasibility of ‘diversifying’ import-export relationship, all resolved such a decoupling would be unmanageable…
@pstAsiatech
@RnaudBertrand
Australians can decouple from China by going back to where they came from and returning the land to those who it belongs to.
@pstAsiatech
Yeah definitely one can "decouple from China", just like sawing off one's feet and crawling around on one's hands and knees to show that one has "decoupled from those ugly bad feet " 🤣
@pstAsiatech
The de-coupling concept was dead on arrival, not surprising given its progeny in neocon circles. I had a neocon professor back in the day who couldn't balance his check book, and would fly into rages during office hours when the overdraft notices came in...
@pstAsiatech
Weird conceptual conflation at work here. Decoupling and diversification are not the same. There’s no reason the latter cannot be done. It makes sense economically and from a risk reduction perspective. Complete decoupleing is obviously a non-starter.
@pstAsiatech
Australia has a huge trade surplus with China. China is Australia's biggest customer. It's Australia who should be afraid of China's decoupling
@pstAsiatech
Not surprising. China may be facing economic challenges associated with infrastructure financing, but the actual infrastructure developed and the manufacturing ecosystem it enables is unique. It would take decades to achieve decoupling.