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Trade tensions between Australia and China could be starting to bite, with exports to Australia’s number one trading partner dropping more than eight per cent……
Trade tensions between Australia and China could be starting to bite, with exports to Australia’s number one trading partner dropping more than eight per cent in January.
Australian meat exports in particular tumbled 39 per cent in the month, with Commonwealth Securities senior economist Ryan Felsman noting they are subject to Chinese trade restrictions.
“The drop in exports could reflect trade tensions,” Mr Felsman said.
The Australian Bureau of Statistics said iron ore exports also declined by…
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