Today’s News:China’s economy contracted by the most since 1992 in the March quarter 2020.
I am surprised that this bad record didn’t affect today’s oz stock market. We still had a green day. Sincerely speaking, it would be very hard for them to get back on track , it is completely different comparing to 2008 GFC.
Btw, in 2017-18, China was by far Australia’s largest trading partner, contributing $194.64 billion worth of imports and exports. This was more than the combined value of trade with Japan and the United States ($147.8 billion)
