looking beyond borders

foreign policy and global economy

Economic Diplomacy: Diversification Dilemmas

Diversification might be the word of the moment in the lexicon of Australian trade debate, even though few advocates make much attempt to explain how it will actually work. But now we have two interesting efforts to quantify just how selected reductions in trade with China in different sectors might actually play out in terms of overall costs to Australian – and, for that matter, Chinese – living standards.

Read Here – Lowy Institute

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