(EnergyAsia, May 19 2011, Thursday) — Australia faces growing risks from its increasing trade dependence on China, according to a recent research from investment bank RBS.Australia’s exports to China account for around 4.6% of its gross domestic product, making its trade exposure to China the largest among any western country.China is credited for sparking the…
AUSTRALIA: Bank warns against growing trade dependence on China
Posted on May 19, 2011 by EnergyAsia