China is both a threat and an opportunity for Australia. Trade and security concerns have both negatives and positives towards Australia’s relations with the Asian ‘superpower’. In recent years we have seen how the relations between Australia and China have changed, through their radically different traditions. This has led to the idea that China is a great resource for trade, it has also led to the idea that China is a large threat to Australia’s security. This essay will discuss the rapid growth of China in recent years compared to Australia’s growth, but also the increasing threat level China poses, and finally the bursts of opportunity China gives to Australia. Overall there is arguments for both sides, China is both a threat and an opportunity …show more content…
Australia has a parliamentary democracy, where China is still under a communist rule. There are many stark differences between both nations, which can lead to security concerns for both. However through the rise of China it is clear that it would “inevitably raise tensions with Asia’s other resident powers and that competition between them will be at its most dangerous” (Dupont, 2011). This is not only a threat for Australia, but also other nations such as the United States. Tension in the Asian region is always a threat to Australia due to its proximity to Asia. Being the island nation with no large allies within a close range Australia has over the years held a strong concerns about the Asian nation. This threat is not new, as even in the colonial period Australians held a great fear for the ‘Asian Invasion’. However, Australia still has the radical differences with China. These differences are not only in the running of the country, but also in the ideological sides of the respective nations. This growth of China has led to many nations creating policy solely regarding the growth of China. This enables them to have ways to grow in partnership with the rise of China. Australia is one of these nations and has “shifted towards an accommodation policy concerning China. Each nation comes to terms with China in its own manner combining the different elements of containment, engagement and hedging strategies” (He, 2012, p. 54). This is one of the ways in which Australia has altered its foreign policy to help accommodate the growth of China. Nowadays in Australia, through the rise of globalisation, and also of China, it is hard to go into a store and not find something made in
Australia’s response to the threat of communism after WW2 was extraordinary. Australia and its politicians immediately recognised what could happen of a result of the domino theory. With the Soviet Union influencing so many countries and causing China, Vietnam, and North Korea to turn Communist it was only matter of time until it reached Australia, and all in all this was when Australia took action.
The attached article discussed the risks and rewards of China going global. Critically analyse China’s international expansion. Also recommend what China can do to generate further economic growth for both its local economy and discuss how this can contribute to the global economic growth.
China has, for a sustained period of time, been one of Australia's most important trade and economic partners. But this has not always been the case. Since the late 1970s China has moved from a closed, internal focused economy to more of a global market oriented one that plays a major part in other nations economies, like Australia's. Although China is technically a Socialist nation, market capitalism is actively encouraged, much the same as in Australia. In 2010 China became the world's largest exporter, with exports ranging from natural resources to manufactured goods. (CIA-World fact book) Australia's economy, in this sense, differs from that of China's. As Australia is simply too expensive to manufacture goods ("Holden, Ford,
In 1901, Australia’s Federation was concerned about the number of Chinese who made their way to Australia during the gold rushes, and ‘white’ Australia’s fear of being swamped by Asia. After the second World War, this perspective was a key element of Australia’s foreign policy. This fear of Asia was amplified once communism had grown to Asia and especially after 1949 when China had become a communist nation.
Australia’s trading links with the Asia-Pacific Region holds geopolitical influences with other countries in the Asia-Pacific. By being a founding member of the Asia-Pacific Economic Cooperation, Australia has set the standards for trading agreements. For example; China and Hong Kong decided to join APEC two years after its foundation after seeing the success and future potential. Many countries like India, Pakistan, Cambodia, Columbia and Mongolia have pledged their interest in joining and sharing in APEC’s
The Soviet Union followed the political and economic ideology of communism and the United States followed the political and economical ideology of capitalism. These ideologies are diametrically opposed to each other. The conflict tension and arms race that developed between the 2 supervisors was known as the cold war. In 1949 China the largest nation on earth, came under communist control lead by Mao Zedong, following this event a new risk was posed to Australia as we were positioned in the pacific Asian region. China began to support smaller Asian countries such as North Korea who were aligned to their communist ideals. The fear of a communist world revolution was heightened it was believed that if one nation fell under communist domination, its neighbours would potentially fall like a line of dominoes (domino theory). There were several events following the communist victory in china that increased Australia’s anxiety over the ‘red menace’ (soviet communism) and the ‘yellow peril’ (Chinese
China is one of the biggest countries along with Thailand and Japan who make goods for Australia. Being Australia’s third largest merchandise trading partner and seventh largest service export market in 2003, China might significantly affect the Australian economy through any changes made to its trade policies. A more liberal Chinese trade policy could increase Australia’s income in part through greater market access for its exports. Of every hundred dollars of national
This essay analyses the Australian-China bilateral relationship since 1945 and in particular its political significance to Australia. Many global factors have influenced this relationship, including the advent of the Cold War, the Korean War, the Vietnam War and the collapse of the Soviet bloc European nations. In addition, internal political changes in Australia and China have both affected and been affected by the global changes. It will be analysed that Australia’s bilateral relationship with China has always had a sharp political edge but that approaching the new millenium economics and trade considerations are shaping Australias and for that matter Chinese politics.
Since the fall of communism in Russia and the end of the Cold War, China started to rise as a significant power and to this day holds the title as the world’s fastest growing economy. With that advancement, China has become an influential global player in international politics and the economy; moreover, causing many countries, developed and developing, to raise a serious level of concern and interest to the rapid development of China. In particular, Canada is now back to establishing to be on better terms with China, after Harper’s playing hard to get approach, we must work even harder in becoming a part of China’s inner circle of trade partners. Moreover, Mr. Harper at first tried an activist approach, criticizing and accusing China of poor
Australia and China are very diverse countries in their government, education system, and recreation. While Australia and China each are controlled by a form of government, the structure of each are drastically different. The Chinese
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
The single most important issue that is currently moulding Australia’s strategic environment to its unpredictable and vulnerable direction is the unstable roles and relationship between China and the United States (US). Australia’s current Defence White Policy paper, highlights that the tensions between these two great powers will continue to determine Australia’s direction for protection
The current Status Quo is complete US political and military domination in the South-China Sea, United States dominated and dictated trade deals, and unipolarity of hegemonic power (Beckley 2011) All of which, if China desires to grow its power, must challenge.
The development in the progress of China, India and Indonesia benefits Australia and contributes significantly to regional stability which extends opportunities for a successful and reciprocating business partnership instead of being aid dependent. Australia’s economical national interest is directly linked to the success, stability and peaceful interactions of its neighbours because these countries are also the first line of defence against many negative issues which could affect Australia (Department of Foreign Affairs and Trade 2016c). If these states remain to be wealthy and stable, they will respond better to efficiently to threats and complications in trade. In order to benefit from the trading relationships with the neighbouring countries, Australia needs to take advantage of the international economic opportunities and ensure we are focused on advancing in global economic, financial, investment and trade institutions. A globally integrated economy is crucial due to the growth which can be gained from an open trading system and foreign direct investment which secures our position in the economically advancing countries of the world and our own financial welfare (Wong 2017).
The events that have taken place over the past couple of centuries, and more so the past decade, have monumentally impacted the relationship between the United States and China for better and for worse. Today, China and the U.S. have evolved into two of the most elite superpowers in the world, and they classify as some of the most prominent leaders in economics, military, technology, and universal innovation. Currently, the United States is just weeks away from electing their next president, cyber-attacks are being investigated exponentially, and the South China Sea Debate continues to be disputed. The outcomes of all these events will undoubtedly affect the relationship between China and the United States for the next 10 years.