Categories
Geoeconomics

ASIA PACIFIC:

CHINA-AUSTRALIA DIPLOMATIC RIFT:

  • Chinese investment in Australia plummeted 61% in 2020, the lowest number in six years. The drop in investment comes amid a growing diplomatic rift between the two countries, since Australia first called for a rigorous investigation into the origins of the Covid-19 pandemic and in response China has imposed tariffs or trading restrictions on Australian goods.

SOURCE: BBC


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