Germany’s foreign minister has praised Australia for serving as a role model on how to withstand attempted Chinese economic coercion.
Germany’s foreign minister has praised Australia for serving as a role model for resisting Chinese economic coercion, labelling the rising superpower a systemic rival too unpredictable and secretive for other nations to rely on.
“Here in Australia, you experienced painfully how China is willing to use economic coercion when it imposed restrictions on key exports like wine, meat and coal to exert political pressure,” she said in a virtual event held by the Lowy Institute think tank on Tuesday night. China has transformed so markedly that “all economic interactions” must now be viewed through a geopolitical lens, she said.
Baerbock noted Lowy Institute polling showing that 52 per cent of Australians perceive China as more of a security threat than economic partner, up from 12 per cent five years ago.
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