The myth of disengagement derives from American rhetoric and not American actions.
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The small island nation doesn’t want to pay back the money it owes Beijing. Nor do its neighbors.
The prime minister’s recent speech was not so kind to China, despite reports to the contrary.
Yet the industry has proved highly adaptable in past crises.
Australia is the region’s major power, but now there are signs of life from New Zealand.
Islands mostly forgotten since World War II are the subject of intense competition once again.
For Australia, the dilemma ultimately comes down to the fact that its key security partner is at odds with its top economic partner.
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