The economic fallout from military conflict in the South China Sea would hit every major economy in the Asia Pacific, including Australia, according to a new report.One third of global shipping - worth $4.8 trillion of international trade - passes through the waterway, which links Asia with Europe and Africa.But any disruption would result in global shipping … Continue reading Australian economy would take ‘economic hit’ in South China Sea war
Tag: trade wars
Brace Yourself For The Battle Of Your Life Coming Soon
Think About It The Bible is matching up to exactly what we're witnessing in our society today. Where will it end and how far will the lawlessness extend before something explodes? It's already getting serious and people are being attacked simply for their views. Image Credit: mikeolbinski.com
It’s about more than just economics: China’s trillion dollar plan to dominate global trade – Video
China’s Belt and Road Initiative is the most ambitious infrastructure project in modern history. It spans over 60 countries and will cost over a trillion dollars. The plan is to make it easier for the world to trade with China, by funding roads, railways, pipelines, and other infrastructure projects in Asia and Africa......More