German foreign minister warns against Chinese economic blackmail

Australia News News

German foreign minister warns against Chinese economic blackmail
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 90%

Annalena Baerbock says Europe has learnt many lessons from how Australia has stood up to China.

Germany’s foreign minister has declared China needs to understand it cannot get away with economic “blackmail”, saying Western nations have learned from Australia’s experiences of economic coercion after standing up to Beijing.

“Having the understanding we could be attacked without any military means is something that is new in our debate,” she said. “More than 90 per cent of the lithium mined in Australia is exported without further processing to China, while the EU imports more than 90 per cent of its processed lithium needs from China.

“What we see is the emergence of a world of increasing systemic rivalry, in which some autocratic regimes seek to bend the international order to increase their spheres of influence, using not only military might but also economic clout,” she said.“We don’t accept when others bend our common rules. Any unilateral change in theAdvertisement

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Disquiet’ in Chinese property sector ‘complicating the picture’ for local market‘Disquiet’ in Chinese property sector ‘complicating the picture’ for local marketCommSec’s Tom Piotrowski says there is a lot of “disquiet” regarding the Chinese property sector which is “complicating the picture” for the local market. “The Chinese property developer Evergrande commenced bankruptcy proceedings in US courts at the end of last week,” Mr Piotrowski told Sky News Australia. “Chinese authorities at the weekend were very conspicuous with an announcement directing Chinese financial institutions to liberate credit effectively within the Chinese economy. “A lot of disquiet around what is taking place – not only from a moderating growth perspective but in relation to what’s happening with the Chinese property sector. “That is something that will be an ongoing watch as far, as the markets are concerned, in coming weeks.' Presented by CommSec.
Read more »

A2 Milk boss warns of use-by date for Chinese daigou shopping heydayA2 Milk boss warns of use-by date for Chinese daigou shopping heydayThe changing shopping preferences of Chinese parents and tighter competition is forcing baby formula business A2 Milk to seek out new ways to survive the headwinds.
Read more »

A2 Milk boss warns of use-by date for Chinese daigou shopping heydayA2 Milk boss warns of use-by date for Chinese daigou shopping heydayThe changing shopping preferences of Chinese parents and tighter competition is forcing baby formula business A2 Milk to seek out new ways to survive the headwinds.
Read more »

A2 Milk boss warns of use-by date for Chinese daigou shopping heydayA2 Milk boss warns of use-by date for Chinese daigou shopping heydayThe changing shopping preferences of Chinese parents and tighter competition is forcing baby formula business A2 Milk to seek out new ways to survive the headwinds.
Read more »

Chinese video games are on the rise, but I wish they got more respectChinese video games are on the rise, but I wish they got more respectChina is the world’s biggest gaming market, where a culture of creativity has flourished – so please do not conflate companies and players with a repressive regime that cracks down on individual expression
Read more »

Chinese owners hope to get $30m for Whitsunday islandChinese owners hope to get $30m for Whitsunday islandShanghai-based China Capital had planned to build a new resort at South Molle, but are instead hoping to cash in on revived local demand for tropical islands.
Read more »



Render Time: 2025-02-26 01:37:27