Australian Pm Albanese Pledges Work With China Excess Steel Capacity 2025 07 14
Reuters1 day
Albanese Promotes Green Steel Cooperation During China Visit
Above: Australia's Prime Minister, Anthony Albanese, addressed the National Press Club in Canberra, on June 10, 2025. Image copyright: Hilary Wardhaugh/Contributor/Bloomberg/Getty Images
The Spin
Establishment-critical narrative
This visit represents smart economic diplomacy that prioritizes jobs and trade over political posturing. Australia's iron ore exports to China support thousands of jobs and generate massive revenue for the nation. Green steel cooperation offers a pathway to double those revenues while meeting climate goals. The focus should remain on strengthening business relationships that have proven resilient despite political tensions.
Pro-establishment narrative
Albanese's approach appears too accommodating given China's military provocations and lack of transparency about naval exercises near Australia. The emphasis on economic cooperation risks overlooking legitimate security concerns about China's regional ambitions. Australia shouldn't compromise its strategic interests for short-term trade benefits, especially when dealing with a partner that has previously weaponized trade relationships.