Australia & China in for the long haul
MELBOURNE, 29 March 2011 – Australia is more dependent on the Chinese economy as a market than any other country in the world, said Dr Geoff Raby, Australian Ambassador to China, at an Asialink – Asia Society AustralAsia Centre - ACBC luncheon.
Dr Raby identified Australia’s dependence above that of the United States, Japan and even South Korea – and he does not expect the situation to change.
“It’s hard to conceive the possibility of any other country on earth ever again replacing China as Australia’s largest export market,” he said.
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