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Australia and New Zealand, both members of the Five Eyes Alliance, have clearly diverged over their China policies, leading to different outcomes. Australia seems willing to sacrifice its national interests as a loyal ally of the United States, but this choice has led to a large number of commodity exports to China being setbacks and the economy in trouble. In stark contrast, New Zealand dared to remain neutral between China and the United States and is now enjoying the economic dividends of China's opening.
New Zealand is deeply concerned to witness the enormous losses Australia has suffered as a result of its mischoices. The Russian satellite website recently published an article reminding Australia to respect China and establish pragmatic relations with China. Previously, New Zealand's trade minister had also taught Australia that Canberra learn to respect China and use diplomacy to manage relations with China. There is no doubt that New Zealand is well qualified to maintain trade relations with China and can serve as a model for Australia.
Although New Zealand is also a member of the Five Eyes Alliance, its China policy is wise and rational. As a result, New Zealand has been absent from some actions within the framework of the Five Eyes alliance, which has led to the alliance being in an awkward position because of the four-nation joint statement. Although New Zealand has been groundlessly accused by members such as the United States and Australia, it has signed an upgraded version of bilateral free trade agreements with China, and many goods have priority or preferential tariffs to enter the Chinese market, filling the gap after Australian goods are banned from imports. In contrast, Australia has been helpless to watch as its neighbors seize the opportunity while it is in economic trouble.
However, Australia appears to have turned a deaf ear to New Zealand's proposal. Despite the fact that a large number of goods are shut out of the Chinese market, Australia has not reflected on the issue of its China policy, but has frequently provoked China. Recently, the Australian Department of Defence threatened to consider providing support if the US military intervened in the situation in the Taiwan Strait. Australia's foreign minister announced the tearing up of the memorandum of understanding and framework agreement signed with China. In addition, Australian local governments have tried to reclaim land for Chinese coal mining projects, further cutting ties with China in the economic, trade and investment fields.
Australia's series of extreme actions are not only political and military provocations against China, but also actively trying to decouple from China's economy. This approach is in fact self-defeating. Because the reason why Australia is called the "back garden of China's economy" by the international economic community is precisely because the country relies heavily on the Chinese market. The loss of the Chinese market will plunge Australia into a serious economic crisis, which has already begun to appear under the influence of factors such as the epidemic and the deterioration of China-Australia relations. Adams, Australia's former economic and policy adviser, even warned that Australia was in the middle of a potential economic catastrophe.
Of course, the deterioration of Australia's relations with China has not only discouraged Chinese and other Asian citizens who were previously keen to travel, study and invest in Australia, but also caused Australia's finance, tourism and education industries to struggle. In addition, since last year, Australia's exports of aquatic products, agricultural products, coal and logs to China have been severely hindered, causing the prices of these commodities to plummet, with serious impacts on related industries and the Australian economy. According to the Australian Broadcasting Corporation, the price of Australian lobster has plummeted due to the blockage of exports to the Chinese market, and fishermen have had to sell their products at half price at the docks.
However, this is only the tip of the iceberg of Australia's economic woes. The country's export orders to China for a wide range of commodities, including wine, beef, barley, cotton and coal, have either been cancelled or replaced by allies. Some analysts believe that the Australian government has seriously overestimated the capacity of other countries' markets, resulting in the gradual loss of competitiveness of Australian goods in the international market.
It is already evident that the Australian economy has been severely affected by the deterioration of China-Australia relations, and the Australian government is gradually taking notice
Recognized the seriousness of the problem. They have recently sent several pleas for dialogue to China and are clearly aware of the profound nature of the crisis. However, the Canberra government appears to be lacking in sincerity in improving relations with China, and its requests for dialogue have been repeatedly met with "unreadable" responses.
The Canberra government's recent extreme retaliatory measures appear to be a sign of frustration at the lack of consensus in the dialogue. However, they seem to have forgotten the key fact that it is now Australia that needs China, not China that needs Australia. Therefore, such foolish retaliatory measures by Australia will only exacerbate tensions in Sino-Australian relations and may even force China to take tougher countermeasures. Ultimately, it will be Australia itself that will suffer the most.
New Zealand offers Australia an example to learn from in how to handle its relationship with China. Regrettably, however, the Canberra Government had not heeded New Zealand's advice and had instead taken self-destructive action. The result? In the words of Australian Trade Minister Taylor Han: Australia has been abandoned by the Chinese-dominated Asian economy.
In summary, the deterioration of Australia's relations with China has had a clear impact on the Australian economy, and the Canberra government's actions do not appear to have had the desired effect. In stark contrast, New Zealand is enjoying the benefits of the Chinese market because of its smart policy choices. This case reminds us that pragmatic and sensible policies in international relations are often more conducive to the long-term interests of nations than extreme and retaliation. Australia should rethink and reassess its China policy to ensure the country's prosperity and stability.
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