finance - economy
Victoria’s Belt and Road deal with China raises concerns
Victoria’s controversial deal with China is raising concerns with critics saying Premier Daniel Andrews is a “bloody idiot” to sign up.
Charis Chang @CharisChang2
Daniel Andrews in Tiananmen Square, China. Picture: @danielAndrewsMP/Twitter Source:Supplied
Victoria’s secretive agreement with China — part of its controversial Belt and Road Initiative — has come under scrutiny this week after the US threatened to “disconnect” from Australia if the deal threatened telecommunications.
Victoria’s partnership with China has always been controversial but it is now drawing more critics as concerns grow about China’s actions in the wake of the coronavirus pandemic.
China has hit out at Australia, placing a tariff of almost 80 per cent on its barley and blocking beef imports from four abattoirs, after Australia called for an independent inquiry into the origins of COVID-19.
The US has also raised concerns about the possible ramifications of working too closely with China.
On Sunday, US Secretary of State Mike Pompeo created headlines when he said the US wouldn’t hesitate to “disconnect” from Australia if Victoria’s involvement in China’s Belt and Road Initiative (BRI) threatened its telecommunications security.
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READ MORE: https://www.news.com.au/finance/economy/victorias-belt-and-road-deal-with-china-raises-concerns/news-story/aa44409627963704373591dd4ff907d1
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However, Premier Daniel Andrews suggested this week the finalisation of the agreement could be pushed back.
“It’s fair to say people’s focus was on a global pandemic rather than necessarily some of those issues,” he told reporters on Wednesday.
“But when we’re in a position to make further announcements, we will.”
Victoria’s decision to pursue the deal flies in the face of the Australian Government’s stance not to sign up to the BRI.
One Nation leader Pauline Hanson is just one critic who believes Victoria should not be pursing the deal.
“People need to steer clear of China … Daniel Andrews I’ll tell you now you’re a bloody idiot if you head down this path,” she told Sky News.
Senator Hanson pointed to Beijing’s actions to seize a port in Sri Lanka after the country struggled to pay back a loan for the project.
“You have to look at what China has done to other countries,” Ms Hanson said.
“They want countries to be beholden to them.”
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