Easing trade tensions and the relative resilience of iron ore prices relative to prices of fossil fuels have once again lifted China’s importance as a destination for Australia’s exports over the last couple of years. With the downturn in China’s property sector having barely started, this poses risks to Australia’s economy as further falls in iron ore prices will result in even weaker mining investment and reduced company tax revenue.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services