The Defence Strategic Review needs to display AUKUS-like strategic clarity regarding how to best equip the nation’s armed forces to deter the China threat to collective security in the region.
US Treasury Secretary Janet Yellen’s framework for Sino-American economic relations is not dissimilar to Anthony Albanese’s formula for managing China.
The new review, and Labor’s response, needs to live up to Defence Minister Richard Marles’ billing of it as the most important military planning exercise in decades.But at the same time as setting out a zero-tolerance approach to China’s industrial espionage and support for state-owned enterprises, she hasas “disastrous for both countries” and “destabilising for the world”, and says there is no intent to “stifle China’s economic and technological modernisation”.
However, strategic competition between the US and China is ultimately about geo-politics. China’s second round ofin the Taiwan Strait’s global trade waterway has again heightened tensions in the region and underlined the threat President Xi’s ambition to take over Taiwan poses to peace, stability and prosperity in the Indo-Pacific.
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