Economics

The Chinese economy: crisis, control, recovery, refocus

December

This book chapter recaps and unpacks a year of crisis, control, recovery and refocus in the People’s Republic of China’s (PRC) economy, drawing implications for the global economy and Australia.

Will the Five Eyes stare down China’s economic coercion?

December

By James Laurenceson

Note: This article appeared in the Lowy Institute’s blog, The Interpreter, on April 15 2021. 

The PRC’s use of border blocks on food and beverage imports: quantifying Australia’s position

December

By Thomas Pantle

Key takeaways

- Blocking imports at the border for alleged Sanitary and Phytosanitary (SPS) reasons and Technical Barriers to Trade (TBT) are potentially attractive tools for economic coercion because they are notoriously difficult to litigate. Food and beverage products are particularly vulnerable.

No quick fix from Biden for Australia’s China trade woes

December

By James Laurenceson

Note: This article appeared in the East Asia Forum on February 16 2021.

China enters 2021 a stronger, more influential power — and Australia may feel the squeeze even more

December

By James Laurenceson

Note: This article appeared in The Conversation on January 4 2021.

Interrogating Chinese economic coercion: the Australian experience since 2017

December

This paper begins by critically reviewing the theoretical basis underpinning use of economic coercion to shift a target country’s political positions, drawing attention to the likelihood of success being context-dependent. Six case studies are then documented where a coercive frame is evident in reporting and commentary to interpret Chinese actions taken against Australian exports since 2017. These show that trade impacts of Chinese actions have generally been modest in scale, short-lived and/or significantly mitigated.

The economic and emissions impacts of trade disruptions between Australia and the PRC

December

China’s economic coercion — theory vs practice

December

By Michael Zhou and Thomas Pantle

Note: This article appeared in The China Story, a blog by the Australian Centre on China in the World and the China Policy Centre, on December 9 2020.

Why Australia is on its own in its trade conflict with China

December

By James Laurenceson

Note: This article appeared in the South China Morning Post on December 2 2020.

There’s no need for panic over China’s trade threats

December

By James Laurenceson

Note: This article appeared in The Conversation, on November 12 2020.

China’s increasingly belligerent threats to close its markets to Australian exports have excited talk of a full-blown trade war.

But let’s not panic. These threats are best understood as psychological warfare, not a statement of reality.