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Though the numbers may pale in comparison to the billions of dollars in two-way trade between the regions, Australian imports of prefab goods from Asia have been steadily climbing year over year.
“Languages study has continued to deteriorate at alarming levels”, Australian education experts Louisa Field, Rachel Wilson and Ken Cruickshank revealed in a recent paper. This is in spite of broad recognition that mastering regional tongues is vital for Australia’s economic and geopolitical interests.
In its annual review, the fund announced a S$7 billion (US$5.18 billion) increase in its net portfolio this week, cementing its status as the world’s 11th largest sovereign wealth fund, according to Global SWF, a platform that tracks such funds.
The former anchor at Chinese state-run TV network CGTN said there were two sides of China and that both it and Australia must engage and understand each other, she said in an interview with the Australia-China Relations Institute in Sydney this week.
There are 253 place names containing the words “Chinaman” or “Chinamen” in Australia, think tank Per Capita found, far outnumbering other nations with a “similar history of anti-Chinese legislation and exclusion”.
The planned Johor-Singapore Special Economic Zone (JS-SEZ) is more likely to succeed than previous joint ventures between the city state and Malaysia due to stronger bilateral government support and a desire by businesses to “internationalise” closer to home, proponents of the project say.
Payman’s defiant stance against her party’s official position put her on a collision course with the Labor government, which does not recognise Palestinian sovereignty but supports a two-state solution.
“If you don’t have much money in life, and all the goods that you buy and sell are ultimately priced in US dollars, and your local currency is going down, that doesn’t feel good. You have got inflation working against you, plus you’ve got currency depreciation. You are getting hit twice.”