Business
Australian imports to China slow down as decoupling accelerates – Global Times
China’s imports from Australia rose by 13 percent to $14.86 billion in April from the previous month, slowing from the 28 percent monthly import growth rate in…
Jacaranda blossoms are seen near Sydney Opera House in Sydney, Australia, Oct. 22, 2020.(Photo: Xinhua)
China’s imports from Australia rose by 13 percent to $14.86 billion in April from the previous month, slowing from the 28 percent monthly import growth rate in March, a trend which analysts said mirrors an accelerating trade decoupling between the two countries as China pushes diversification efforts amid icy bilateral relations.
Chinese observers said that the slower growth reflects how Australia’s…
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