Beijing’s trade war against Australia has been a “failure” that could serve as a lesson to the Chinese leadership, according to former Liberal Prime Minister Malcolm Turnbull, who noted that the key to dealing with the Chinese Communist Party (CCP) was to stand firm on your values. Turnbull, along with the Labor Party’s former Prime Minister Kevin Rudd, appeared on La Trobe University’s The Ideas and Society Program, to address China and its relationship with Australia and the United States. “This pressure campaign against Australia has been quite useful in the sense that it has demonstrated to China that they can pull all these levers, and it does not actually work. It has not actually worked,” Turnbull said. “It has not sent Australia spiralling into a recession because of Chinese displeasure. So hopefully, that is going to be an instructive experience for them,” he said. “This bullying exercise has failed, …