The 'glory days' may be over, but some Australian companies are 'doubling down' on trade with China

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The 'glory days' may be over, but Australian companies are 'doubling down' on trade with China

, making him the first Australian politician to visit the country since the AUKUS submarine deal was signed.

"They're doubling down at the state level and thinking, 'We need the Chinese — we need to be exporting to China for our growth.'"Professor Golley said despite the federal government's efforts to strengthen ties with other trading partners such as India, companies found it difficult to walk away from the Chinese market.

"My take on the Australian government's line is that they must think that they can have their cake and eat it," she said. "People don't want to talk about what will happen if we don't trade with China, because it's a pretty obvious endpoint — that is lower growth and job losses here."The interest in reviving trade seems to go both ways — the Brisbane-based Chinese Consul-General Ruan Zongze recently visited Toowoomba, the Sunshine Coast and the Gold Coast to discuss trade opportunities.

 

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Australian agriculture doubling down on China by .............. reducing agricultural exports from 32% of total in 2019 to 20% in 2022. Just had spend an extra 10 minutes looking at the DFAT database cited in the article dchen21

Why? Did we not learn anything ?

Our future is in South East Asia. The US sucks as a trading nation.

What are 'confidential items of use'.?

Stop following the power hungry US!!! The Chinese might be competitors for the US on the global stage, but they are definitely not our competitors. We should be smart and trade with with OUR neighbours diplomatically

China is australias future not the usa obvious at this point...

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