China’s efforts to intimidate Australia by slapping sanctions on exports further discredited its credibility as a reliable trading partner, with zero gain for Beijing, writes North Asia correspondent Michael Smith.
Canada, Japan, Lithuania, Mongolia, Norway, the Philippines, South Korea, and Taiwan have all felt Beijing’s ire in the form of restrictions or sanctions on specific exports or services.
“The overreach by China on their economic sanctions was ridiculous. It hasn’t worked; we stood our ground and embraced our values,” Warwick Smith, a businessman with close ties to China, told me this week.The sanctions failed on three levels. First, the Chinese government’s efforts to pressure the Morrison government to back down on its public criticism of Beijing did not work.
Third, China was also using the sanctions to make an example of Australia for any other countries critical of its actions. Instead, it galvanised international condemnation of China’s actions and the proposal ofNow, to understand how China might now roll back the restrictions on Australian goods we need to look at how they were implemented in the first place. Because the sanctions are illegal, they were never officially acknowledged by the Chinese government in the first place.
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