InfoAfrik.com

Reliable Africa & Global News…

As China’s economy stalls, Australia braces for the impact on its currency and tourism market

The plan was to profit from Chinese pandemic recovery, before signs emerged that all was not well

Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast

With strong financial ties to China, Australia is bracing for impact as the country’s deepening economic woes threaten its trading partners.

Growth has stalled in China, as has foreign investment, at the same time as a property crisis worsens, with developers Evergrande and Country Garden facing severe financial difficulties.

Continue reading…

About Author

Subscribe To Our Newsletter