Business
China is a much bigger threat to the ASX bull run than COVID // Motley Fool Australia
ASX bulls have been hanging out for any piece of good news regarding a vaccine for COVID‐19, but it’s China should be keeping a wary eye out on.
Just as you think things couldn’t get any worse between Australia and our largest trading partner, the relationship just took a turn for the worse.
Prime Minister Scott Morrison defiantly stated that Australia won’t compromise on its sovereignty and security as China warned against making the Asian giant an enemy, reported Bloomberg.
China-Australia spat poses key risk for ASX investors
Australian business leaders who have been urging the Morrison government to tone down on the fiery rhetoric and offer gestures towards reconciliation will be disappointed.
The diplomatic chest…
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