Home News Global Economy

What Australia's next prime minister says about China, climate change and inflation

Bloomberg
Bloomberg5/22/2022 09:43 PM GMT+08  • 4 min read
What Australia's next prime minister says about China, climate change and inflation
Albanese is seeking improved ties with Pacific nations and Southeast Asia’s largest economy / Photo: Bloomberg
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Anthony Albanese, who is set to become the next prime minister of Australia after a close-fought election, faces major challenges going into office. From accelerating inflation to dealing with China, here’s how he might tackle these issues.

China and Other Powers
Albanese’s Labor Party pivoted to take a tougher stance toward China in the lead-up to the election. “The Chinese Communist Party has changed, it’s more forward-leaning, it’s more aggressive,” he said at a leaders’ debate on May 8. “That means that Australia of course must respond.” He has also declined to say whether he would be prepared to take a phone call from Chinese President Xi Jinping.

Still, there are less hawkish voices in his party who have called for dialogue with Australia’s largest trading partner on issues like climate change. Most immediately, Albanese heads to a meeting of the Quad — one of Australia’s main security partnerships — in Tokyo on May 24, where his commitment to work with key allies including India, Japan and the US to counter China’s influence will be watched.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now