Indo-Pacific allies trying to ‘catch up' with China in arms race
Prime Minister Anthony Albanese has rejected America's push for Australia to raise its defence spending.
'The rest of us are all attempting to catch up or keep up with some measure of increased capability to offset the massive expansion of Chinese military capabilities,' Mr Dean said.
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Perth Now
23 minutes ago
- Perth Now
Albanese to cap China trip with panda diplomacy
Pandas and bionic ears are on Prime Minister Anthony Albanese's agenda as his six-day tour of China reaches its final leg. Mr Albanese touched down in Chengdu, in China's southwest on Wednesday afternoon, where he announced the Sichuan capital would be given hosting rights to an Australian Open wildcard play-off tournament for a second year running. In the sweltering 37C heat, the prime minister turned down the offer of a hit on centre court, instead hailing the role of sport in boosting people-to-people and cultural links between Australia and China. "I know that my dear friend (former professional tennis player) Glenn Busby comes here and coaches and spends a lot of time here each year, and he tells me that China will dominate the sport in the years to come," he said. Chengdu, a provincial hub home to 21 million residents, is best known outside of China as the home of giant pandas. Mr Albanese will visit a breeding research centre at the forefront of efforts to save the species from extinction. As well as a beloved cultural icon, pandas are a central part of China's efforts to exert soft power in the world. In a meeting with local party secretary Wang Xiaohui, Mr Albanese said pandas "have been such an important feature" of building positive relations between Australia and China. He noted the two new pandas who were loaned to Adelaide Zoo in 2024 in the latest example of panda diplomacy. "I thank this province for our two newest guests who have been so well received," he said. But Chengdu has another, arguably more impactful, connection to Australia. Cochlear, the Australian hearing device company, bases a manufacturing and research plant in the city, which the prime minister will visit on Thursday. More than 50,000 Chinese patients have had hearing loss restored by a Cochlear device, making it one of the company's largest markets. But with a population of 1.4 billion, there is plenty of scope for expansion "Chengdu is home to inspiring examples of world-leading Australian and Chinese co-operation in science, technology, research and education," Mr Albanese will say at a medtech luncheon. Both governments had a responsibility to invest in research and an opportunity to deepen co-operation in medical manufacturing, he will say. "This also depends on continuing to break down barriers by supporting the free and fair trade that enables Australian medtech companies to access the market here in China."
Sydney Morning Herald
4 hours ago
- Sydney Morning Herald
Albanese says Taiwan ‘status quo' remains after questions on Chinese media report
'You're trying to quote a Chinese readout that I haven't seen,' Albanese said at a press conference on Wednesday in response to a question about his reported position. 'What we do is continue to support a one-China policy. We support the status quo. By definition. We don't support any unilateral action on Taiwan.' The status quo, in Australia's view, is that Taiwan should not declare independence unilaterally and China should not retake the island without negotiations. Later on Wednesday, Albanese travelled to Chengdu, a major city in Western China, that has a history of being more liberal than other parts of the country. There the prime minister met with local party officials and held a tennis event. On Thursday, Albanese will attend a medical technology industry lunch with dignitaries, including Australian Nobel laureate Professor Barry Marshall, and then tour a factory from Australian hearing implant company Cochlear. China is the world's largest manufacturer of high-tech devices, but research and technology ties between the country and the West have been strained by allegations of intellectual property theft and strategic tensions. In a speech to the lunch, Albanese will recall Bob Hawke's visit to Chengdu in 1986 when the Labor leader went to an Australian-owned circuit board factory. He will say that technology remains core to Australia's trade partnership with China and that both nations can improve by investing in research and manufacturing. 'This also depends on continuing to break down barriers by supporting the free and fair trade that enables Australian medtech companies to access the market here in China,' Albanese will say. While Albanese was touring Beijing this week, Russia's foreign minister, Sergey Lavrov, was also in the city. Asked whether Australia's strategy of engaging with China through trade despite security issues was repeating Europe's approach before Russia invaded Ukraine, Albanese said the situations were different. 'I don't think you can translate one thing across some other part of the world of which Australia is not a participant,' Albanese said. He argued that Australia's ties with China went beyond trade to dialogue at summits and personal links. Loading Xi and Russian President Vladimir Putin previously declared a 'no-limits' partnership between the nations, and China has been accused of assisting Russia's war effort in Ukraine. Chinese direct investment in Australia has slowed in recent years due to national security concerns about overseas influence in critical industries such as infrastructure and resources. China has been pushing to lower the barriers to entry mandated by Australia's Foreign Investment Review Board, which can block attempts at investment or reverse them, such as an order last year to push China-linked investors out of a critical minerals company in Western Australia. After the pair inspected Chinese troops dressed in immaculate dress uniforms, Li told a business roundtable attended by Albanese on Tuesday night that China was seeking fairness. Loading 'I trust that Australia will also treat Chinese enterprises fairly and also properly resolve the issues [of] market access and review,' he said. According to figures from consultancy KPMG and the University of Sydney, Chinese investment in Australia increased from $US613 million in 2023 to $US862 million in 2024. That is still significantly lower than 2008, when it reached $US16.2 billion, or even as recently as 2017, when it was $US10 billion. Against a backdrop of US President Donald Trump's mercurial tariff policies, Li positioned China as a force of stability in an unstable world. 'We hope that you will embrace openness and co-operation, no matter how the world changes,' Li said. 'The development of all countries is faced with new challenges. Given such circumstances, China and Australia, as important trade partners, should strengthen dialogue and co-operation.' Treasurer Jim Chalmers was noncommittal when asked last week about China's wish to speed up foreign investment reviews.
Sky News AU
5 hours ago
- Sky News AU
America's reliance on China's pharmaceuticals is ‘unacceptable'
President of the Centre of the American Experiment John Hinderaker discusses US President Donald Trump's tariffs on pharmaceuticals, criticising America's heavy reliance on China for essential drugs. 'We import a huge percentage of our pharmaceuticals, especially our generics, from China, and that's just unacceptable,' Mr Hinderaker told Sky News host Rita Panahi. 'To some extent, Australia might be a little bit caught in the crossfire here. I don't mind Australia producing drugs for the US, but I don't want to rely on the Chinese for it.'
