A leading economist warns Australia must tone down its rhetoric against China or risk a cold war that could threaten global economic growth.
Speaking at the annual Diggers and Dealers mining conference, Professor Ian Goldin urges political leaders to de-escalate tensions and hold talks behind closed doors.
The former World Bank vice president believes the pandemic has accelerated the rise of China, and the threat of a new cold war is real. The deteriorating relationship between the two countries has crippled the coal and agriculture industries.
