Australia among biggest new Cold War economic losers

If tensions between the Western international and China and Russia ended in a cut up into two separate monetary and buying and selling techniques, Australia could be a few of the international locations maximum harm.

We ran the numbers in this previous this 12 months for the West Australian Governor’s Strategic Foresight Dialogue. At the time the potential of a brand new “bamboo curtain” with China, Russia and like-minded international locations on one facet, and the “West” led by way of the United States at the different, was once instructional.

It stays so. Nevertheless, it’s value reexamining what our fashion produced.

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