Episode notes
In this episode, we interview Andrew Phelan, a China specialist with decades of business experience, to analyze Australian Prime Minister Anthony Albanese's week-long diplomatic visit to China. The discussion examines critical questions about Australia's economic dependence on China, security vulnerabilities, and the broader implications for Indo-Pacific stability.
Phelan asserts that no country has benefited more from China's rise than Australia. Since China's opening under Deng Xiaoping in the 1980s, Australia has experienced unprecedented economic growth, with China transforming from a closed economy similar to North Korea today into Australia's largest trading partner. This relationship has fundamentally underwritten Australia's wealth and sustained economic expansion without recession.
However, this prosperity comes with signific ...