Australia depends less on Chinese trade than some might think
- Written by James Giesecke, Professor, Centre of Policy Studies and the Impact Project, Victoria University
Australia is vulnerable to any downturn in global markets due to a Chinese economic slump. But being dumped as a supplier by China is a different matter.
www.shutterstock.comChina now buys almost a third of Australia’s exports – about twice the value bought by second-placed Japan, and about nine times fifth-placed United States.
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