The US’s proposed Taiwan Policy Act of 2022, if approved, would bring the prospect of war in the Asia-Pacific closer. The draft legislation foreshadows radical changes in US policy, amounting to abandonment of the one-China policy and de facto recognition of Taiwan as a state. What does this mean for Australia?
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The enormous military power of America will continue to make alliances with it attractive. But the Europeans and East Asians will strive to balance their alliances with their economic entanglement with China. America might find diplomatic support against China, but will in all likelihood find itself alone in a war with China in East Asia.
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As market-based economic globalisation gives way to a system of state relations based largely on strategic capitalism, the Australian government seems to be using an outdated operating system. The demise of the multi-lateral, rules-based and open world will pose problems that demand imagination, innovation and deft and agile policy and diplomacy. In this environment Australia has a difficult course to chart.
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The Pentagon’s annual report to Congress on military and security developments in China describes an already formidable military capability, and China’s intention that its military strength will achieve parity with the US by 2049. Ironically, the report unintentionally reveals that China’s major strategic objectives mirror those of the US, past and present. Additionally, the report provides evidence that Australia’s increasing investment in Defence is no substitute for diplomacy.
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Harvard academic Graham Allison finds in Thucydides’ ‘The History of the Peloponnesian War’, some near universal law of international relations where war between established and rising great powers is close to inevitable – the ‘Thucydides’ Trap’. But are there different lessons to be drawn from analysis of the Peloponnesian War?
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