Asia March Report
The effects of the coronavirus have not only led India to have more than 10 million coronavirus cases but caused a huge economic contraction. The high economic burden has led the Indian government to implement more expansionary policies in an aim to rebuild the economy. At the same time, tensions between China and Australia continue to increase causing Chinese investments in Australia to drop significantly, over 1 billion Australian dollars in 2020 alone (Angus Watson, 2021). Furthermore, recently the Australian ambassador to Beijing questioned China’s awareness regarding the damaging consequences coming from its trading behaviour with Australia.