Commentary Australia may have managed to anger the Chinese regime even further with an extensive presentation by its treasurer, which showed that China’s economic war on Australia has largely failed. To make matters worse, the loss in trade with China has largely been compensated by expanded trade with other markets. And perhaps worst of all, Australia has announced earlier this month a new trade policy that Treasurer Josh Frydenberg referred to as “China Plus.” Australia has drawn the wrath of the Chinese Communist Party (CCP) over several issues, ranging from failing to sign an extradition treaty, limiting influence in its political system from foreign political parties or states, to calling for a proper investigation into the origins of COVID-19, among other things. It seems Australia was supposed to be a pilot case to show how the CCP could put developed nations under its control. And the Chinese regime confidently issued …
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