Steve Bannon: Australia is on 'frontlines' of economic war with China
Steve Bannon Steve Bannon: Australia is on âfrontlinesâ of economic war with China
Former Trump White House chief strategist says populist surge a âglobal revolutionâ that is coming to Australia
Australia is on the âfrontlinesâ of an economic war with China, a âtotalitarian mercantilistâ regi me that must be confronted, according to former Trump White House chief strategist Steve Bannon.
In a wide-ranging interview on ABCâs Four Corners, Bannon also said that the populist surge that swept Donald Trump to the US presidency and delivered the vote for Brexit in the UK was a âglobal revolutionâ that was coming to Australia.
But his main focus was China, which he accused of failing to play by the global rules of trade and diplomacy, and was instead seeking to economically colonise as much of the world as it could.Steve Bannon plans foundation to fuel far right in Europe Read more
âThis is not a trade war ... Australia is at the frontlines of this. Weâre in an economic war with China OK? Not a trade war,â Bannon said.
âChina has been [in a] economic war with the west and they are a totalitarian mercantilist system.
âThey always talk about the international rules-based order. The Chinese donât play by any rule s. They donât have any internal rules. Itâs a completely totalitarian regime.â
The former Breitbart media boss said China regarded the US â" and its allies such as Australia â" as tributary states, essentially vassal states that exist to serve and entrench the dominant power. He said the country was economically colonising parts of the globe, such as the Pacific and sub-Saharan Africa, âlike the East India Companyâ.
Bannonâs interview with Four Corners took place before Malcolm Turnbull was removed as Australian prime minister by his own party. He said Turnbull had been too timid in standing up to Beijing.
âIâm a hawk on China because eventually I believe that ... if this regime is not confronted, bad things are going to happen, and I think they have to be confronted now. I think Turnbull has been way too much of an appeaser, and I think thatâs not going to turn out well â¦ Australia is at the tip of the spear of this.â
Australian r elations with China are strained at present: over Chinese irredentism in the South China Sea and its economic expansionism across the Pacific; over Australiaâs decision to bar Chinese telecommunication companies Huawei and ZTE from supplying equipment to Australiaâs 5G network; and over Australiaâs foreign interference laws which are seen as targeting Chinese.Hard-right columnists with no mass audience cause enough turmoil to ruin leaders | Jason Wilson Read more
Bannon, who lost his job in the White House in the aftermath of the violent Charlottesville Unite the Right rally, said the US president was trying to bring manufacturing jobs back to the US, âand trying to reset this economy to the economy that weâve had since the American system came up in the 19th centuryâ.
But the US economy is moving in the opposite direction, and has been â" for decades â" transitioning from a manufacturing to a services economy. Services make up 80% of the economy in the US. Manufacturing represents about 10%.
Bannon said the worldwide âpopulistâ political surge â" which has delivered results such as Brexit and Trumpâs election â" would continue and would gather strength and supporters of those disaffected by the current global economic and political order.
âThis revolution is global â¦ itâs coming to Australia.âTopics
- Steve Bannon
- Asia Pacific
- The far right
- Australian security and counter-terrorism
- Australian politics
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