View full page at forexfactory.com

 

Australia Minister Says China Trade Curbs Hurt Global Confidence

From bnnbloomberg.ca

Australia’s trade minister said China’s steps to curb imports of his country’s goods are “aggressive” and undermine confidence in the global economic recovery from the coronavirus pandemic. “We do see a much more aggressive or assertive China in terms of the way it engages with the world,” Simon Birmingham said on ABC television on Sunday. “These types of actions don’t just hurt Australian businesses, they hurt their Chinese counterparts as well. They undermine confidence in the global economy, and that’s not good for the world’s recovery from Covid.” China has imposed anti-dumping duties of up to 212% on Australian ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News