logo
Australia rejects US call to declare Taiwan war role

Australia rejects US call to declare Taiwan war role

Yahooa day ago
Australia has rebuffed calls to declare what role the nation would play in a potential war with China over Taiwan, with a minister saying it won't automatically follow the US into a future conflict.
Washington is reportedly pushing both Japan and Australia to clarify their positions for a hypothetical conflict over the democratically-government island, which Beijing considers part of its territory.
Acting Defence Minister Pat Conroy on Sunday reiterated the nation's long established stance on whether it would choose to join the US in war.
"The decision to commit Australian troops to a conflict will be made by the government of the day, not in advance," he told ABC's Insiders program.
"Sovereignty will always be prioritised."
Elbridge Colby, a key Pentagon strategist, has been pressing defence officials from both countries to declare their positions in meetings over the issue, according to a report in the Financial Times.
He is also leading a US review of its nuclear submarine deal with Australia under the three-nation AUKUS partnership following concerns the plan to supply the vessels would harm the American navy.
The US will be among 19 countries participating in Exercise Talisman Sabre, which begins on Sunday and will involve 30,000 defence force personnel.
The event was the nation's most important joint military exercise with the US, Mr Conroy said, and it was expected to be closely monitored by China after the Asian superpower observed the last four such operations.
"We will obviously observe their activities and monitor their presence around Australia, but we'll also adjust how we conduct those exercises," he said.
"People observe these exercises to collect intelligence around procedures, around the electronic spectrum and the use of communications."
Prime Minister Anthony Albanese landed in Shanghai late Saturday, kicking off a six-day tour which will focus on economic and security issues.
Defence analysts have flagged Mr Albanese will likely raise live-fire drills conducted by the Chinese military off Australia's coast earlier in the year after Beijing failed to notify authorities ahead of time.
The Chinese flotilla also circumnavigated the country in a projection of power.
But Mr Conroy would not be drawn on whether Mr Albanese will directly raise those concerns with Chinese President Xi Jinping when the two leaders sit down during his second visit as prime minister.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Australia PM touts green steel as iron ore miners meet Chinese steelmakers
Australia PM touts green steel as iron ore miners meet Chinese steelmakers

Yahoo

time26 minutes ago

  • Yahoo

Australia PM touts green steel as iron ore miners meet Chinese steelmakers

By Lewis Jackson and Melanie Burton SHANGHAI (Reuters) -Australia and China should cooperate more closely over green steel, Prime Minister Anthony Albanese said in Shanghai on Monday, even as he called on the world's largest steelmaker to address excess capacity for the metal. China relies on Australia for roughly two-thirds of the iron ore consumed by its vast steel industry, a trade that will earn Canberra A$105 billion ($68.90 billion) this financial year, according to the latest government estimates. However, attempts to clean up an industry responsible for roughly a tenth of all emissions put that trade for Australia at risk as decarbonisation requires higher grades of iron ore, found in countries like Guinea and Brazil. Green steel refers to metal produced using renewable energy such as hydrogen to limit or eliminate the use of coal, cutting carbon emissions. Speaking before a meeting between Australian iron ore miners and Chinese steelmakers, Albanese framed green steel as a way to grow Australia and China's decades-long trade relationship. "Achieving the goal of the Paris Agreement would require the decarbonisation of steel value chains, presenting an opportunity for Australia and China to progress our long-term economic interests," he said. Albanese also offered to work with China to reduce overcapacity in its steel industry, which is fuelling record exports that are in turn triggering a wave of tariffs and duties from trade partners like Vietnam and South Korea. Australia could lose as much as half its revenue from the sector if it fails to start producing green iron, a specialised lower emissions product, as other countries start making steel using renewable energy, a think tank said last year. Successfully building a green iron industry could double those revenues, the report suggested. Australian iron ore is too low-grade to be directly processed into green steel so it needs an additional processing step. When this step is undertaken with renewable energy such as hydrogen or biomass instead of coal, it is called green iron which becomes a low-carbon base for green steel production. Top iron ore miners Rio Tinto, BHP Group, and Fortescue, who also attended the meeting, all have green iron projects underway, with Fortescue set to produce green iron from a pilot plant this year. Fortescue founder Andrew Forrest, in China with Albanese, said the relationships forged between Chinese steelmakers and Australian miners strengthened the bonds between both countries and security issues were a "distraction." Forrest was responding to a question about whether a debate around security that emphasises China's risk was detrimental to the two countries' economic relationship, in the context of China framing itself as a more stable partner than the United States. Australia and New Zealand both said they did not receive adequate warnings of live-fire drills by China's navy in the Tasman Sea between Australia and New Zealand earlier this year. "Australia has a multilayered relationship, as it must, with China, and to really build up the strength of a bilateral relationship you need those strong friendships, that very real business trust between each other," Forrest said. ($1 = 1.5239 Australian dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Bitcoin Hits Record High of $120,000 as Bullish Momentum Builds
Bitcoin Hits Record High of $120,000 as Bullish Momentum Builds

Bloomberg

time30 minutes ago

  • Bloomberg

Bitcoin Hits Record High of $120,000 as Bullish Momentum Builds

Bitcoin reached $120,000 for the first time, with investor optimism increasing almost daily after it emerged from a narrow trading range that had left skeptics wondering whether the original cryptocurrency would regain the record-breaking momentum seen at the start of the year. After surging on the election of Donald Trump to a second US presidential term, Bitcoin had settled into a pattern of fluctuating on either side of $100,000 for several months. Concern about Trump's political and economic policies had helped to temper optimism over the pro-crypto agenda of his administration. Now with other risk assets such as stocks back around record highs, Bitcoin has also resumed its push higher.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store