General
NSW economy at risk from Australian-Chinese tensions, leading expert warns
The New South Wales economy could be exposed if Chinese students do not return, a leading economist has warned, despite Premier Gladys Berejiklian saying she is not concerned by the escalating Chinese-Australian trade war.
Key points:
- NSW exported $8.3 billion worth of goods to China in the 12 months to October
- Experts say the coal and beef trade have already beehn hit
- The hit to international student numbers had also impacted the economy
Ms Berejiklian insists the political tension between the two countries and the tariffs China is imposing on certain goods and services are not having an effect on the state.
“We don’t feel we are impacted in New South Wales at all,” the Premier told a business lunch in Sydney on Tuesday.
“We feel the…
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