Global Economy
![Can China use offshore wind to break its reliance on foreign LNG and coal?](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2024-01/GettyImages-1760742222.jpg?itok=AKYs6ZaR)
Can China use offshore wind to break its reliance on foreign LNG and coal?
A worldwide scramble for energy supplies following Russia’s invasion of Ukraine has intensified China’s quest for energy security. The nation is doubling down on all forms of…
![Economic diplomacy: To market, to market, with China](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2024-01/Howard%20comp.jpg?itok=vsJJjdEt)
Economic diplomacy: To market, to market, with China
Trading up
Australia’s international economic engagement kicked off in 2003 with then foreign minister Alexander Downer telling his Cabinet colleagues that he was set to claim…
![Drought and war hit the choke points](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2024-01/3941276984_2a5827faa6_k.jpg?itok=b_7IIWVM)
Drought and war hit the choke points
As the number of ships passing through the drought-ridden Panama Canal and the terrorist-hit Red Sea slows, the geopolitical importance of these so-called choke points in world…
![Global economic prospects are the worst in decades but investing in the future could be the answer](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2024-01/India%20covid.jpg?itok=h2lne4CD)
Global economic prospects are the worst in decades but investing in the future could be the answer
The World Bank released its semi-annual Global Economic Prospects Report on 10 January, and it reads like a warning shot across the bow for the world’s economies.
Global…
![Vietnam’s challenge to wean off coal](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-02/Coal%20pit%20Vietnam%20comp.jpg?itok=anVjJKL7)
Vietnam’s challenge to wean off coal
During a summer break, The Interpreter will feature selected articles each day from throughout the past year. Normal publishing will resume 15 January, 2024. This article first…
![Lithium, lightest metal on earth, carries heavy geopolitical weight](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-01/GettyImages-1244203960.jpg?itok=C2EExioV)
Lithium, lightest metal on earth, carries heavy geopolitical weight
During a summer break, The Interpreter will feature selected articles each day from throughout the past year. Normal publishing will resume 15 January, 2024. This article first…
![Not doom, but get used to a world economy with extended gloom](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-12/GettyImages-1851216783.jpg?itok=jPVKMACB)
Not doom, but get used to a world economy with extended gloom
For more than two years the global economic debate has been all about increasing prices, increasing interest rates, and the likelihood of recession and rising unemployment. Ending…
![Beijing digs in for the Central Asia-China gas pipeline](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-12/GettyImages-1299068402.jpg?itok=vXjg3nK_)
Beijing digs in for the Central Asia-China gas pipeline
China’s ongoing pursuit of a cross-border pipeline with Turkmenistan in Central Asia has repercussions for both the region and Australia.
In October, China’s President Xi…
![Economic diplomacy: Pulling the right global value chain](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-12/Chain%20comp.jpg?itok=iUqevkBp)
Economic diplomacy: Pulling the right global value chain
Stepping up
Late last month, the Albanese government took important steps towards dealing with two of the most debated developments in international economic relations since…
![The geopolitics of Argentina’s lithium trade](https://www.lowyinstitute.org/sites/default/files/styles/expert_publications/public/2023-12/GettyImages-1418007138.jpg?itok=fNhk2VhA)
The geopolitics of Argentina’s lithium trade
Clean energy transition has emerged as a new frontier in the US-China strategic competition, broadening the scope of the ongoing “chip war” and casting global repercussions…