最新刊期

    卷 , 期 1 , 2024

      Special Focus: Australian Business and Trade

    • Guest Editor-in-Chief’s Message AI导读 译

      HUANG Meibo
      Issue 1, Pages: 1(2024)
        
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    • The Paradox in China-Australia Political and Economic Relations AI导读 译

      YE Zhouying, HOU Minyue
      Issue 1, Pages: 2-9(2024)
      摘要:Since the establishment of diplomatic relations between China and Australia in 1972, with the joint efforts of the leaders and the people of the two countries, China and Australia have made tremendous achievements in their bilateral links, economically particularly, and politically to some extent. However, with the changing structure in the Asia-Pacific region and the rapid growth of China, Australia has groundlessly and increasingly regarded China as a threat to its security, resulting in the accelerating pervasion of the “China threat theory” in Australia. Since the outbreak of the COVID-19 pandemic, relations between the two countries have been deteriorating, with a paradoxical growth in trade volume between them. This paradox is worth studying. In point of fact, Australia should adopt a more pragmatic attitude towards China’s peaceful development and abandon the Cold War mentality; China is supposed to engage in dialogue with Australia to rebuild the mutual political trust; and they jointly should promote the development of economic and trade relations between the two countries.  
      关键词:China-Australia Relations;foreign policy;the interaction between politics and economy;paradox;mutual political trust   
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    • An Analysis of the Australian Climate Change Policy Under the Morrison Government AI导读 译

      XU Xiujun, LIN Kaiwen
      Issue 1, Pages: 10-19(2024)
      摘要:Despite the significant potential impacts of climate change on Australia, recent Australian governments have failed to implement effective climate change policies to address the growing climate change challenge. Although some of the previous governments’ climate change policies lack continuity and consistency, the Morrison government has committed to achieving the 2030 targets of the Paris Agreement without the use of carryover credits. Due to such constraints as Australia’s traditional energy-dominated industrial structure, large interest groups, an electoral system accountable to political parties, and party divisions, Australia’s climate change policy has generally been characterized by the predominance of conservatism. The Morrison government has also been criticized by the international community for its negative climate change policies and will have to fight a hard struggle to meet the promised emission reduction targets.  
      关键词:the Morrison government;Australian climate change policy;climate governance   
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    • SHEN Zhaoli, GAO Yunsheng
      Issue 1, Pages: 20-33(2024)
      摘要:The income from the trade of mineral products is an important foundation of Australia’s fiscal revenue and promotes the development of the Australian economy. In 2017, China-Australia economic and trade relations entered a comprehensive regression, and the economic and trade frictions between the two countries began to increase. Although the bilateral trade volume between China and Australia is still growing, China’s investment in Australia has dropped sharply. Since 2020, both sides of the China-Australia trade have initiated anti-dumping investigations against each other, which have been gradually escalated. At the same time, tourist traveling and student traveling from China to Australia have also been severely affected. In this context, it is of great significance to study the development of Australian mineral products and its international competitiveness from the perspective of China-Australia trade. This article starts from the current development of Australia’s mining and mineral products trade, uses index analysis to study the international competitiveness of Australia’s mineral products, and then uses the CMS model to decompose its export competitiveness into four time periods on the basis of the China-Australia mineral product trade data. Furthermore, it clarifies the bilateral trade development cooperation model and the development characteristics and driving factors of each stage, explores the potential, development trend, and international competitiveness growth point of Australia’s future mining development, and analyzes the existing problems and trends of the future mineral trade between the two countries. The development of Australian mining and mineral products trade and the future bilateral mining development cooperation provide theoretical support and empirical basis, and provide strategic suggestions for the future development of Australian mining.  
      关键词:Australian mining;international competitiveness;Sino-Australian trade;the CMS model   
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    • The Impacts of Sino-Australian Iron Ore Trade on Their Respective Economies AI导读 译

      SHENG Zhicheng, SUN Guoding, HUANG Meibo
      Issue 1, Pages: 34-50(2024)
      摘要:During and after the COVID-19 pandemic, China has taken the lead in achieving economic recovery: Production has been carried out steadily; infrastructure projects have also been solidly promoted; and the demand for iron ore has also increased significantly. Australia, the country with the largest iron ore reserves in the world, has also shared the benefits of China’s rapid economic growth. Although China and Australia previously imposed various measures against each other due to contradictions and disputes, neither party acted rashly in the iron ore trade. On the one hand, China is the main importer of Australian iron ore exports; on the other hand, Australia is the country with the largest iron ore reserves in the world, accounting for about 28% of the global total. However, recently, there have been different opinions about the iron ore trade in Australia. Some lawmakers believe that tariffs should be imposed on the iron ore trade, taking advantage of China’s strong and unmovable demand for iron ore to make more profits from China. Other lawmakers believe that doing so will only further intensify Sino-Australian relations and eventually lead to the loss of such a huge market. In addition, since 2020, the Australian government has frequently tampered with China’s core interests, seriously undermining the atmosphere of commercial cooperation and the basis of mutual trust between the two countries. This paper attempts to analyze the bilateral impact mechanism of the Sino-Australian iron ore trade and establish a bilateral dialogue mechanism in the field of iron ore to avoid the continued rigidity of bilateral relations.  
      关键词:Sino-Australian relations;iron ore;mineral products;trade   
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    • JIA Lijun, GU Jingxuan, ZHENG Jiarui
      Issue 1, Pages: 51-68(2024)
      摘要:In the bilateral trade between China and Australia under the global value chain, China always has a trade deficit, which is, to some extent, due to the influence of the unscientific statistical method of export trade based on the principle of origin. In this paper, on the basis of the value-added trade theory and the TiVA database, guided by the GVC decomposition principle and the value-added trade theory, indicators are constructed to study the interdependent asymmetrical relationship between China and Australia at the overall level. This paper analyzes the asymmetry of trade dependence, upstream dependence, and final demand dependence. The results show that, on the whole, the trade between China and Australia is indeed interdependent, but also asymmetrical. China is in a strong position of the asymmetrical dependence in terms of trade dependence, upstream dependence, and final demand dependence. On the basis of these findings, China should actively optimize its industrial structure and enhance its international trade status.  
      关键词:global value chain;value-added trade;asymmetrical dependence   
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    • Australia’s Free Trade Area Strategy and Its Future Development AI导读 译

      NIU Dongfang, FANG Haotian, ZHANG Xuedong
      Issue 1, Pages: 69-84(2024)
      摘要:Since the beginning of the 21st century, under the background of regional economic integration, with the continuous increase in the number of bilateral and regional trade agreements signed around the world, free trade agreements (FTAs) have gradually become an important factor in promoting regional economic development. Australia has established FTAs with many countries and regions in Asia, Latin America, and Oceania. This paper finds that Australia’s current FTAs and the FTAs under negotiation are in line with the changing trend of its economic and trade investment. However, Australia’s importance and centrality in its multiple economic and trade relationship networks are not obvious. Judging from this, Australia’s future FTAs are not only for trade considerations but also for coordination in many aspects such as resource acquisition, international relations balance, and domestic political and diplomatic strategies.  
      关键词:Australia;free trade area;economic and trade relations network   
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    • An Analysis of the Impact of China-Australia Free Trade Area on the Economies of China and Australia AI导读 译

      HU Jiasheng, JIN Quan
      Issue 1, Pages: 85-99(2024)
      摘要:Since the establishment of diplomatic relations between China and Australia, China-Australia economic and trade relations have continued to warm up, and bilateral trade and investment between China and Australia have shown a trend of continuous expansion. In 2015, the establishment of the China-Australia Free Trade Area brought China-Australia economic and trade relations to a new height. The China-Australia Free Trade Area has promoted bilateral trade and investment between China and Australia. However, due to the deteriorating political relations between China and Australia, it has not fully released its positive effects. Based on the analysis of the current China-Australia economic and trade cooperation, this paper uses the GTAP model to analyze the economic effects of the China-Australia Free Trade Area and explore its impact on the GDP, welfare, and industrial output of the two countries. In the future, China-Australia relations are full of opportunities and challenges. The two countries should expand cooperation areas, strengthen communication and exchanges, and promote the longer-term development of China-Australia economic and trade cooperation.  
      关键词:Australia;China-Australia Relations;economic and trade cooperation;China-Australia Free Trade Area;GTAP   
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    • An Analysis of the International Competitiveness of Australian Tourism AI导读 译

      TAI Lu, SHANG Yuhong
      Issue 1, Pages: 100-114(2024)
      摘要:This paper analyzes the development of Australian tourism industry from the two aspects of total amount and structure of Australian tourist travel trade, and finds that Australian tourism is in rapid development and has great development potential, but there is a big gap in the competitiveness of tourism in the eight administrative divisions. Furthermore, using the international market share and other indicators to compare the competitiveness of the tourism industry of 10 countries such as Australia, China, and the United States from 2014 to 2020, the authors find that the trade competitiveness and the revealed comparative advantage of Australian tourism industry in 2020 exceeded that of the United States and other countries with strong tourism tradition. This shows that Australia’s tourism industry still has strong international competitiveness under the impact of the bushfire disaster in 2019 and the COVID-19 pandemic in 2020. On this basis, this paper puts forward countermeasures such as strengthening the maintenance and management of tourism resources, consolidating and enhancing the international competitiveness of Australian tourism.  
      关键词:Australian tourism;international competitiveness;international market share;revealed comparative advantage   
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    • Exploring the Acculturation of Working Holiday Makers in Australia AI导读 译

      HUANG Xiaoqin, GU Xiangdong
      Issue 1, Pages: 115-129(2024)
      摘要:This study, based on the U-curve model of acculturation, uses a mixed-methods approach involving questionnaires and semi-structured interviews to explore the acculturation of Working Holiday Makers (WHMs) in Australia. The findings indicate that the majority of WHMs perceive their working holiday experience as enjoyable and educational. After passing through the first stage (honeymoon period) and the second stage (crisis period) of the U-curve model, most WHMs enter and remain in the third stage (recovery period). There are inconsistencies between WHMs’ cognitive understanding and their self-assessments regarding acculturation. The acculturation process is influenced by external factors such as the mobility of the environment and work, cultural distance, and social support networks, as well as internal factors such as personality, values, and perceptions of existing cultural biases. This study expands the internal variables of acculturation theory and aims to provide valuable insights for research on the acculturation of working holiday participants under the impact of unexpected events.  
      关键词:Working Holiday Makers;Australia;acculturation;U-curve model   
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    • An Analysis of the Competitiveness of Australia’s International Education Industry and Its Prospect AI导读 译

      ZHONG Runqian, CHEN Hong
      Issue 1, Pages: 130-142(2024)
      摘要:The competitiveness of education services is a reflection of a country’s educational strength and is an important component of a country’s services trade competitiveness. This paper analyzes the competitiveness of Australia’s international education industry from both qualitative and quantitative dimensions. Quantitatively, the international competitiveness of Australia’s international education service trade is measured by the international market share (MS), the trade competitiveness (TC) index, and the revealed comparative advantage (RCA) index of the U.S., the U.K., and Australia. Qualitatively, the reasons for the rapid development of Australia’s international education industry are dissected through Australian university resources, geographical location, government support, and study-abroad environment. Overall, Australia’s international education industry has strong international competitiveness, but it also faces many challenges that need to be addressed urgently and adjusted by the Australian government and education sector.  
      关键词:Australia;international education;international competitiveness   
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    • An Empirical Analysis of the Impact of China-Australia Education Service Trade on Chinese Economy AI导读 译

      JIA Lijun, ZHU Mengyao, ZHANG Xinyu
      Issue 1, Pages: 143-162(2024)
      摘要:Educational service trade is a product combined with the fast-developing service trade under the trend of global education internationalization. It has developed rapidly in recent years and has become an important part of international trade. China-Australia bilateral trade has developed rapidly since the establishment of their diplomatic relations. They have always been important trading partners for each other, which has always brought huge economic benefits to both sides. This article starts from the basics of China, Australia, and China-Australia education service trade, and establishes a vector autoregression (VAR) model to quantitatively analyze the economic impact of China-Australia education service trade on the Chinese economy from the aspect of direct trade effects. Therefore, it is practically important to strengthen the concept of internationalization and globalization of education services, encourage people to go abroad to learn advanced technology and knowledge from other countries, attach importance to the development of the education industry, formulate relevant policies to promote and ensure the return rate of overseas students, and accelerate the accumulation of human capital for the growth of the Chinese economy.  
      关键词:educational service trade;China-Australia educational service trade;China’s economic impact   
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    • The Prospect of Australia’s Economic Decoupling with China AI导读 译

      YAO Xinyu, ZHANG Yuzheng, CHEN Hong
      Issue 1, Pages: 163-177(2024)
      摘要:China and Australia have maintained close trade relations for a long time, which has brought mutual benefits to both countries. Australia and China are strongly complementary in economy. However, since 2017, the bilateral relationship between China and Australia has suffered from enormous damage from Australia, with the bilateral trade negatively affected. With the impact of the COVID-19 pandemic, there has been a sharp decrease in the number of Chinese students and tourists to Australia. Prompted by the so-called “Indo-Pacific Strategy” of the U.S. government, the Australian government has been attempting to diversify Australia’s export destinations and advocating for decoupling with China economically. Although Australia has managed to expand into other markets and strengthen trade relations with India and the U.K., the loss of the market shares in China cannot be completely made up for. For Australia, the China market has proved to be irreplaceable and its economic decoupling with China is unrealistic. Australia should take concrete steps to improve relations with China and steer the bilateral cooperation back to the right track.  
      关键词:China-Australia Relations;bilateral trade;economic decoupling;market diversification   
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