Yes , lets stop dealing with China , makes great economic sense to the Australian economy and others , This anti China trade rhetoric could seriously hurt are major exporters BHP < RIO < FMG >GAS > COAL> WINE > SEAFOOD > FARMERS and the list goes on
It's the top market for Australian exports and a significant source of imports.In 2023, China purchased $219 billion worth of Australian exports, representing 32.5% of Australia's total exports to the world.Two-way trade with China reached $325 billion in 2023-24, accounting for 26% of Australia's goods and services trade with the world.China remains Australia's largest services exports partner, with 13.3% of total services exports in 2024.
IXR Price at posting:
0.7¢ Sentiment: Sell Disclosure: Not Held
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