Saturday , June 19 2021
Home / South China Morning Post / China-Australia relations: how an underperforming Australian dollar could entice new trade partners

China-Australia relations: how an underperforming Australian dollar could entice new trade partners

Summary:
[unable to retrieve full-text content]With relations between Beijing and Canberra showing little sign of improving, Australia’s dollar has been underperforming in recent weeks, and this could work in the country’s favour when it comes to finding alternative markets that would help reduce reliance on its largest trading partner in the long-term.After surging by 10 per cent last year as advanced economies recovered and commodity prices surged, the Australian dollar touched a three-year high of 0.7976 to the US dollar in February. But…

Topics:
Karen Yeung considers the following as important:

This could be interesting, too:

Tyler Durden writes Iran Election Frontrunner Is Under US Sanctions & 3 Of 4 Presidential Candidates Are Hardliners

Tyler Durden writes Is There A Silver Lining In The PC Woke Snowflake Cancel Culture?

Tyler Durden writes Biden Orders Major Reversal Of Trump’s Missile Battery Build-Up In Gulf

Tyler Durden writes Gen. Milley Says China Has “Ways To Go” Before It Can Take Taiwan

[unable to retrieve full-text content]
With relations between Beijing and Canberra showing little sign of improving, Australia’s dollar has been underperforming in recent weeks, and this could work in the country’s favour when it comes to finding alternative markets that would help reduce reliance on its largest trading partner in the long-term.After surging by 10 per cent last year as advanced economies recovered and commodity prices surged, the Australian dollar touched a three-year high of 0.7976 to the US dollar in February. But…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.