Australia to roll out new south-east Asia trade strategy to hedge against China

Anthony Albanese is expected to announce the new economic blueprint during his trip to the Indonesian capital Jakarta

Get our morning and afternoon news emails, free app or daily news podcast

Anthony Albanese will fly to Jakarta this week to launch a major new strategy to deepen Australia’s trade and investment ties with south-east Asia and hedge against top trading partner China.

Despite China recently re-opening the door to key Australian exports that it shunned at the height of diplomatic tensions in 2020, the Albanese government wants to diversify economic ties to reduce exposure to further political tumult.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading…

About Author