Australia’s economy has been one of the strongest in the Asia-Pacific. But S&P Global has warned interest rate rises will drag down growth.
The most controversial moment of this year’s dialogue was not the US demanding China pick up the phone,or Beijing telling foreign leaders to “mind their own business”.
A child of Hiroshima,Fumio Kishida is using some of his domestic political capital to expand Japan’s mark on the world.
The classified version of the defence strategic review examined what would happen if Beijing had a permanent military foothold in a neighbouring Pacific nation.
The beauty of the bow is that you can say and hear so much without making a sound.
President Ferdinand Marcos jnr has plenty else to worry about too,including internal ructions over food prices and cultural icons,political violence and a sunken oil tanker.
The two-step “green card” system will require those who succeed at the first stage to secure a job offer in Australia and pass tests to check their health,character and basic English skills.
If China can quickly bring the rate of infections under control the economy could bounce back quickly and strongly. But that will bring its own issues.
China has swung from strict lockdowns for years to mass reopening - it’s unhinged and ill-prepared.
The authorities are hoping for a “J-curve” as the economy rebounds next year from the current COVID-related turmoil. While that would be a bonus for Australian miners,it might be bad news for the global economy.
The Prime Minister has vigorously defended the AUKUS pact,declaring it will promote “global security and peace” after criticisms from French President Emmanuel Macron.