Business
Australia records $55.47 billion trade surplus amid trade tensions with China – Global Times
Australia posted a trade and services surplus of A$72.7 billion ($55.47 billion), an increase of A$5.2 billion on the surplus of A$67.5 billion recorded in 2019…
Bottles of Australian wine on the shelf of a supermarket in Hangzhou, East Chinas Zhejiang Province on November 27, 2020 Photo: VCG
Australia posted a trade and services surplus of A$72.7 billion ($55.47 billion), an increase of A$5.2 billion on the surplus of A$67.5 billion recorded in 2019 in its balance on goods and services for 2020, data from the Australian Bureau of Statistics (ABS) showed on Thursday.The figures were released following a year of trade tensions between Australia and China,…
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