VOL NO REGD NO DA 1589

Sunday, March 05, 2006

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

VIEWS & REVIEWS

EDITORIAL

LETTER TO EDITOR

COMPANIES & FINANCE

BUSINESS & FINANCE

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

HEADLINE
 
Engaging China 'an Australian priority'
Sundeep Tucker, FT Syndication Service
3/5/2006
 

          SYDNEY: China's combination of authoritarian politics and a liberalised economy is unsustainable in the long term but Australia needs to cultivate relations with Beijing because of the vast trading benefits, according to John Howard, Australian prime minister.
"I would like to fast-forward 50 years and see what has happened to this clash between economic liberalisation and expansion, and political authoritarianism," he told the Financial Times. "Something's got to give. It's a tension."
In an interview marking his 10th anniversary as prime minister, Mr Howard brushed aside security concerns over China and said he would openly engage with Beijing, even though the country made "a lot of people nervous".
"We've always made it very clear to the Americans that there is a strong streak of pragmatism in our relationship with China," he said.
China imports billions of dollars' worth of Australian resources such as iron ore to underpin its industrialisation and the two countries are negotiating a bilateral trade agreement.
"We would be crazy not to cultivate the relationship. In China there's a hugely valuable market for Australia," Mr Howard said. "There are 400,000 people of Chinese descent living in Sydney and Chinese tourists are coming here in great numbers."
Mr Howard said Australia would not go "overboard" with China. He pledged to continue a close trade and security relationship with Japan and he will soon visit India to build "strategic" ties.
He said Australia was carefully watching the growing tension between China and Japan and would raise the subject at the forthcoming inaugural meeting in Sydney of the Trilateral Security Dialogue, which includes the foreign ministers of Australia, the US and Japan. They will also discuss North Korea.
Mr Howard, who has been a staunch ally of US President George W. Bush in the "war on terror", said he was unconcerned by the threat made by Islamic extremists in reaction to Australian troops being sent to Iraq and Afghanistan. "I'm not going to gear Australian foreign policy according to the attitude of radical Muslims," he said.
Late last month, Mr Howard criticised Muslim immigrants who "rave on about jihad" instead of integrating. But he said he would seek to work through the community to solve the problem rather than legislate.

 

 
  More Headline
Banks write off bad loans worth Tk 95.16 billion
Govt warnings fail to push Niko into submission
Govt to tap private sector fund for Padma Bridge construction
Fertiliser crisis to go in a week
Country's 'future energy security will be at stake if no limit is retained on coal export'
AL keen to start talks on reform proposals
No sedition charge against JMB kingpin: Bhuiyan
Joint drive recovers huge arms, ammo in Bandarban
Engaging China 'an Australian priority'
Short supply of cane forces 8 sugar mills to close down
Brisk business with Shaekh's life, his surrender
Opec accuses Bush of threatening security
Bangladesh must 'eliminate corruption to make best use of its potentials'
EPB may get possession of rly land for building WTC
Drug trafficking and abuse problems in South Asia continue to be serious
Export thruí diplomatic missions grows by 14.94 per cent
Joint working group meet deferred by two months
Opposition rejects Thai PM's compromise offers
Asian Art show begins today
Corrigendum
Property worth Tk 5m gutted in N'ganj
PM visits Nandail today
5 hurt in bomb blast at Urs in Habiganj
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com