China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP
China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

China-Australia clash may be more about Beijing’s economic fears than a coronavirus probe

  • China is doing to Australia what the Brits did to China with tea 200 years ago, when China learned a hard lesson about spending too much hard currency
  • With iron ore mines in Africa and a port in Papua, China is falling back on its own ‘empire’, perhaps out of fears its economic strength is a post-Covid blip

China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP
China may be about to tell Australia where to stick its opinions, and its iron ore. Photo: AFP
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Neil Newman

Neil Newman

Neil Newman is a thematic portfolio strategist focused on pan-Asian equity markets. Experienced in the major global financial centres of Tokyo, London and New York, he is a regular commentator on commercial investment strategies that suit constantly changing investor trends. He is a long-term resident of Hong Kong.