A Liberal Senator has outlined details of her demands to the Chinese Communist Party (CCP) to pay Australia reparations for the economic damage caused by the outbreak of the CCP virus pandemic. Her plans include new tariffs on Chinese imports and potentially seizing assets owned by Chinese state-owned entities.
On June 16, Concetta Fierravanti-Wells outlined her “plan for reparations” in a speech to the Senate, saying: “No Australian has been left untouched by the negligent actions of the CCP. Therefore, it is just that China pays compensation.”
“Billions of dollars have been borrowed. Australian taxpayers will need to shoulder the enormous burden of repaying the debt,” she said.
For her “plan for reparations,” the senator cited similar calls by the United States and the United Kingdom (UK).
On April 5, the Henry Jackson Society (HJS) published a report arguing the UK could potentially claim up to £351 billion (AU$641.9 billion) from the Chinese regime for its negligent handling of the CCP virus. The HJS calculated Australia could claim $54 billion and the United States could claim $1.7 trillion.
Fierravanti-Wells told the Senate that if the UK pursued a claim, and was successful, “the United Kingdom would be entitled to pursue any lawful means for collection of that judgement.”
The senator proposed three means for Australia to collect compensation from China, saying: “Reparations are synonymous with monetary compensation.”
The first involved the seizure of assets under the control of China’s state-owned entities, including the Port of Darwin. The government could look to refloat or sell off the assets as part of the compensation claim.
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