Business
An all-out trade war with China would cost Australia 6% of GDP – The Conversation AU
The damage would extend well beyond iron ore.
China accounts for more than a third of export dollars earned by Australia.
The figures, for the 12 months to October, cover the period of coronavirus disruptions and disputes over trade.
They apply to physical exports rather than harder to measure services, and are dominated by record high Chinese takings of Australian iron ore.
But they mightnt last.
China is changing, transitioning from growth driven by the iron-ore hungry expansion of cities and manufacturing to growth driven more by the supply…
-
Noosa News7 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
General18 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
General21 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
Noosa News20 hours agoPeak body calls for national oversight of ADHD diagnoses during growth trend as GP powers expand