Insights | Decoupling from China means instant impoverishment for Australia: former Australian FM

(ECNS) -- "40 percent of Australian exports goes to China. Decoupling from China means instant impoverishment for Australia," said former Australian Foreign Minister Bob Carr at the 13th World Peace Forum in Beijing on Thursday.

Carr noted that the U.S. wants its allies to decouple with China, but it is not an option for Australia. "If it comes to that, we've got to tell America ‘No!’ And I imagine that is the position that South Korea and Japan have taken or have moved to take," he said. (Zhang Dongfang, Lin Mengnan, Xue Lingqiao)