Business
China’s unofficial ban on Australian products fails to inflict significant damage – NEWS.com.au
China’s unofficial ban on Australian products fails to inflict significant damage
The damage from Chinas unofficial ban on Australian products has largely been offset as businesses find new overseas markets for their goods.According to a report in the Lowy Institute’s TheInterpreter, the effect of China’s trade sanctions on Australia had been “completely swamped” by the booming iron ore trade.
“The total economic impact of China’s trade coercion against Australia seems to have been quite limited thus far,” author Lowy Institute chief economist Roland Rajah wrote.
He said only…
-
Business23 hours agoThe ultimate Australian stocks to buy and hold for 10+ years
-
Noosa News19 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU
-
Noosa News24 hours agoNew process turns wheat straw and oat husks into sustainable clothing
-
Noosa News19 hours agoSouthern NSW farmers call for financial relief as ongoing drought takes a toll