A piece in the GT about China / Australia relations relations ICYMI:
You know the drill from the bullies at the GT:
- Canberra has been making reckless and wonton political provocations against China in recent months on nearly all issues
- The latest assault on China occurred last week when Canberra said it rejected China's territorial and maritime rights in the South China Sea
- With the China-Australia political standoff progressing, this is certainly not the right time to expect businesses on the two sides to continue their cooperation as nothing has happened
Link here for more of the same.
China continuing to whine and moan about Australia risks a diminishing of economic ties that could weigh on the AUD. A lower AUD would be welcome.