Topic “Australia-China trade” — Exporter Magazine
The trade boom fuelled by Asia’s economic re-emergence will last at least another 15 years but Australian exporters will have to get much more familiar with transacting in the Chinese currency, according to the Sydney Morning Herald, quoting HSBC. Australia’s two-way trade with China topped Aus$100 billion ($US105.64 billion) for the first time last year, data showed Wednesday, with surging coal and iron ore exports boosting national coffers.