Think tank warns China’s industrial subsidies threaten 73,000 Australian smelting jobs
China’s industrial subsidisation spending now exceeds its defence budget and threatens to devastate Australia’s smelting and refining regions unless urgent government intervention occurs, according to a McKell Institute report released on Wednesday. The think tank warned that 73,000 jobs across regional Australia are at risk from Beijing’s “geoeconomic interference”, with some towns potentially losing up…











