Clive Palmer advocates for free trade with Beijing in 2013
What happened
In September 2013, Clive Palmer advocated for closer ties and a free trade deal with Beijing. During the same period, the Australian election resulted in Tony Abbott winning the Prime Ministership, ending six years of Labor rule, according to reports. Abbott prioritized cutting foreign aid and abolishing the carbon tax.
Why it matters
The advocacy for closer ties with Beijing occurred amid a significant political shift in Australia, where the new government planned major policy changes, including cutting foreign aid and abolishing the carbon tax. These shifts could influence Australia's trade and resource policies.
Who's involved
- Clive PalmerAustralian businessman and politician who advocated for closer ties with Beijing.
- BeijingLocation of Beijing, the capital city of China, which was the subject of the trade advocacy.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PilbaraSpeculative
Regional revenue in Pilbara might increase due to tax cuts on major mines and advocacy for closer ties with China.
- Queensland NickelSpeculative
Queensland Nickel could see increased demand from China and benefits from sector-wide tax cuts.
- ChinaSpeculative
China's trade volume and resource consumption could increase due to the new Australian government's push for closer ties and a free trade deal.
Keep exploring
The entities involved
-
Clive Palmer
Australian businessman and politician (born 1954)
Nothing else this week.
-
Beijing
capital city of China