Tearing up the Belt and Road Initiative: Australia’s rejection of China’s new Silk Road in Victoria

Belt and Road Initiative (BRI) Foreign direct investment Relations with China World politics Economic development Victoria

In the last five years, the relationship between Australia and the People’s Republic of China (PRC) has been on a significant decline – its grimmest in decades. The fractious tension between the two countries has seen their core interests considerably challenged.

For Australia, they included escalated trade issues with its beef, barley, cotton, lamb, resources, seafood, sugar, timber, and wine exports to the PRC, with China inflicting more than $20 billion of tariffs on Australian exports, the deterring of Chinese students to study at Australian universities, the cyber-attacks coming from China on an array of Australian entities, and Beijing’s efforts to interfere in the Australian political system.

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