China's Economic Bullying Will Never Work
Beijing has threatened Australia, Japan and others with tariffs and tourism cuts
China's arrival as an economic superpower may be a recent phenomenon, but the country already appears to have the habit of practicing economic coercion against its neighbors for geopolitical objectives.
Its most recent target is Australia, which committed, in the eyes of Beijing, the unforgivable sin of daring to call for an investigation into the coronavirus outbreak in China. Two months ago, Beijing slapped an 80 percent "anti-dumping" tariff on Australian barley, a move that could cost Australia 500 million Australian dollars ($350 million) a year.