Asia Times: Australia to bear brunt of China virus slowdown

10 February 2020

Almost half of China’s LNG imports come from Australia, according to Poten & Partners, a global brokerage, energy consulting and business intelligence company.

Mining powerhouse Australia, which sent 34.3% of its exports to China in 2018, mostly in the form of iron ore and coal, is in the first tier of nations with big exposure to the Chinese economy. About 23.6% of Australia’s imports also came from China and A$63.5 billion (US$42.3 billion) of investment.

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