It'll be all relative though, if china hits a credit crunch the AUD will bottom out hard. Meaning our Delta in pricing will work for us. This of course may not crunch demand for raw materials either as china is a big market but not the only market...they export more in the form of products than they consume.
IMO we are pretty well insulated against a crisis... If a crunch did occur, i'd pile in with every penny... even a loan... looking at the rally that occurred post GFC.
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