Australia Should Diversify Its Trading Partners And Stop Relying On
Australia should diversify its trading partners and stop relying on [/news/china/index.html China] amid growing tensions with the communist superpower, [/news/queensland/index.html Queensland] Senator Matt Canavan says.
Appearing on the Today Show on Wednesday morning, he said Australia did not need trading partners who were 'bullies'.
'Twenty years ago we basically did no trade with China.
I can remember what it was like in Australia 20 years ago, it was a pretty good place,' he said.
'We are still going to be a pretty good place as long as we keep our values and principles dear and cherished.'
Senator bắc kinh Canavan's comments weren't entirely accurate.
In 2000, Japan was still Australia's No.
1 trading partner with China in seventh position behind the United States, South Korea, Singapore, New Zealand bắc kinh and the UK.
China has slapped enormous tariffs on Australian goods, including beef, barley and wine (pictured, a shopper in Beijing on November 23)
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Back then, Australia's trade with China was worth $6.9billion a year, compared with Japan's $25.3billion but within a decade, China would become Australia's biggest two-way trading partner.
<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-951462d0-343e-11eb-9a0a-71434112f38b" website senator calls for return to Australia's trading heyday
