#ANALYSIS: Latest trade data shows China's trade restrictions aren't an immediate threat to Australian economy
#Australia 's exports of iron ore to China, its largest trading partner, jumped 25% in Dec, accounting for 79% of its total iron ore exports during the month. Wheat exports to China represented ⅓ of total exported from Australia in Dec: Australian official data
#Asis : Noon: China surpassed US to become world's largest recipient of FDI. Australian equities trading near 11-months high; regulator approved usage of Pfizer’s Covid vaccine. In Japan Pharma, Energy shares↑; $JPY ↑ #SSE +0.71 #XJO +0.36 #Nikkei +0.37%.
Australian resource giants BHP Billiton and Rio Tinto have increased iron ore production thanks to an infrastructure binge in China.
#Asia : Close: Australian equities closed near 11-mo high; Morgan Stanley raised price target on the index to 7100. China sanctioned Trump officials including Mike Pompeo. Japan exports boosted in Dec; Foreigners were net buyers of equities #SSE +1.07 #Nikkei +0.82 #XJO +0.79%
'Tit-for-tat': China's detention of Australian Cheng Lei is ringing alarm bells
Enemy of the State. Why is a 21-year-old Aussie student facing death threats and the fury of Communist China? SUNDAY on #60Mins , the shocking allegations of Beijing’s influence in Australian universities.
China is threatening to impose a tariff on Australian barley imports at a time of heightened tensions between the two countries over the COVID-19 pandemic.
Global pressure mounting on China to close its wildlife wet markets. America says China should close all such markets permanently. Australian government says they should be “phased out” and urges G20 to act.