Australia’s Costs for Its Harder Line on China

CANBERRA, Australia — Four years after declaring that it would “stand up” to China, Australia is wrestling with the economic and political consequences of a sharp turn in policy and tone that has helped send relations with Beijing into their deepest chill in decades. Allies have applauded Australia for showing how the world’s smaller powers can redefine ties with China — a trailblazing push that deepened this month with Australia’s decision to acquire American nuclear-powered submarines. But to increasingly vocal critics, Australia also offers warnings about the risks of losing…