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by throw2016 2862 days ago
This destroys the logic of free trade, competition that countries and a plethora of global organizations like IMF, WB promote and enforced aggressively over the last 40 years especially when looking for markets in other countries.

But if its only applicable to a favoured set and suddenly has all sorts of qualifiers when it comes to your own markets then the whole thing collapses. And everyone can see its politics with a fig leaf of process designed for one way benefit and as a system cannot deliver mutual benefits.

2 comments

> This destroys the logic of free trade

That depends on the calculation. Maybe there's a non-zero risk that China could remotely turn off their 5G network and including that in the calculation makes local sources a better value even when the dollar price is higher.

the logic of free trade meets the logic of national security.

national security is going to win that one unless Australia is going to willfully become a Chinese vassal