Treasury Wine’s China crackdown shows promise despite $1b loss - AFR

Treasury Wine's forced pivot away from China—absorbing a $1b loss but diversifying export markets—demonstrates both the acute cost of China dependency and active progress in economic decoupling, a core pillar of Australian strategic resilience. This illustrates the real-world mechanics of Pillar 5 (Decoupling) and Pillar 1 (Resource Sovereignty): Australian exporters are reducing China concentration, albeit painfully, which hardens the economy against future political or market shocks.