4 ms·
Well unlike most countries Australia and China have a lot of two-way trade (though imports to China are double exports) because China imports lots of raw minera
by versteegen 2y ago
Well unlike most countries Australia and China have a lot of two-way trade (though imports to China are double exports) because China imports lots of raw minerals (as well as food) from them, and noone buys as many raw materials as China does. And thousands of km is still much less than twenty thousand to Europe.
https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...
- ksec 2y agoOr a simpler explanation, China owns most / lots of Aus companies, from raw material to farm lands.