Australia News

Australia Sees Record High Trade Surplus Despite China’s Trade Sanctions

Australia Sees Record High Trade Surplus Despite China’s Trade Sanctions
An undated photograph released on Sept. 4, 2009, by Rio Tinto shows high grade iron ore in Western Australia's Pilbara region, destined for China. Christian Sprogoe/AFP/Getty Images
Henry Jom
|Updated:

The Chinese regime’s trade war on Australia appears to be backfiring after strong demand for Australian exports have resulted in the nation recording its fourth-highest trade surplus.

Preliminary international trade figures released by the Australian Bureau of Statistics (ABS) on Monday show Australia recorded a $9 billion goods trade surplus in December, up from $7.4 billion in November.
Henry Jom
Henry Jom
Author
Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]
twitter
Related Topics