Decades of optimism about China’s growing
economy and the opportunities it presents
to the region are giving way to concern about
overdependence on China’s central position
within supply chains and the economic heft
Beijing can wield. Nowhere is this more keenly
felt than in Australia and Taiwan. China has
taken “measures” against Australia, slapping
tariffs on Australian wine and barley, and
limiting imports of Australian beef, coal, and
grapes. In Australia, these have been interpreted
as a response to Canberra’s tendency
to “push back” against China, whether on human
rights or on Australia’s initially unilateral
call for an investigation into the origins of the
COVID pandemic.

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