WASHINGTON, July 29 (Reuters) – The United States and Japan launched a new high-level economic dialogue on Friday aimed at pushing back against China and countering the disruption caused by Russia’s invasion of Ukraine. The two long-time allies agreed to establish a new joint research center for next-generation semiconductors during the so-called economic “two-plus-two” ministerial
Australian Prime Minister Scott Morrison wants to launch a new “strategic economic dialogue” with the United States to counter China’s economic clout. “Unlike the Cold War, geostrategic competition in the coming decades will be engaged in the economic realm,” former Australian Prime Minister Malcolm Turnbull said in an address to the Australian American Leadership Dialogue.
A Chinese and an Australian flag China has “indefinitely” suspended key economic dialogue with Australia, the latest in a growing diplomatic rift between both countries. Relations have been on the decline since Australia called for a probe into the origins of the virus and banned Huawei from building its 5G network. Last year, China imposed