“It may be feasible for China to cut off Australian iron ore shipments by the middle of the decade.”If that were to happen, there would be a devastating hole in Australia’s finances, meaning federal and state governments would take a major tax income hit and the services we, as everyday Australians, rely on would suffer."
yes its not a very smart idea to start a trade war with China !
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Aus should reduce IO exports now, page-9
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