Goodbye cheap Aussie lobster

Aussie interests are cock-a-whoop:

Prime Minister Anthony Albanese says Chinese Premier Li Qiang has confirmed Beijing will restart imports of Australia’s live rock lobster trade by the end of this year.

Aussie lobsters were our last bastion of defense against China. Claws raised!

No longer. Albo has fully capitulated to the Chinese charm offensive following its attempt to bully Australia into silence during COVID.

All trade remnants of the 14 conditions to end democracy are gone.

Just like Tiananmen Square, it didn’t happen.

MB won’t forget.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.