the global chief partnership. simon baptist is the global chief economist i partnership. simon baptist is the global chief economist atj the global chief economist at the global chief economist at the ir un said australia was never a good target for china to have tensions with. it is never a good target for china to have tensions with.- to have tensions with. it is a sli . ht to have tensions with. it is a slight stabilisation to have tensions with. it is a slight stabilisation peptides| slight stabilisation peptides will remain quite difficult the foreseeable future. this recent incident over the last few years really shows the limit and some ways the lack of sufficient nation of chinese foreign policy. australia was a bad target for china to choose. this was going to side with the us when push comes to shove because of its resource endowment, it has unusually large amounts leverage. push by china on australia hasjust resulted firstly in australia doubling down on divers
welcome to bbc news broadcasting to viewers in the uk and around the world. we begin in italy, where president biden and ukraine s leader volodymyr zelensky have signed a ten year security leader volodymyr zelensky have signed a ten year security agreement following the g7 s approval of a plan to use profits from seized russia assets to fund kyiv s war effort. joe biden said it would include intelligence sharing, troop training, adhering to nato standards and investment in ukraine s industrial base to make more weapons. mr zelensky described it as a bridge towards nato membership. the g7 deal sees a loan of $50 billion sent to ukraine. the group leaders agreed it showed moscow that ukraine s allies weren t backing down and president putin couldn t simply sit the war out. the first such agreement with the country in the pacific region. the g7 deal sees a loan of $50 billion sent to ukraine. the group leaders agreed it showed moscow that ukraine s allies weren t backing down
South Australia's naval shipbuilding sector is moving to become more heavily involved in US nuclear submarine construction, well before work begins on AUKUS vessels.
In this week’s issue of the Global Impact newsletter, we look at how Asian nations have been making moves with an eye on the ever evolving relationship between China and the United States.