Australian Economy Must Diversify Away From China: Treasurer

Australian Economy Must Diversify Away From China: Treasurer
Treasurer Josh Frydenberg during Question Time in the House of Representatives at Parliament House in Canberra, Australia, on June 02, 2021. Sam Mooy/Getty Images
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Treasurer Josh Frydenberg has given an update on Australia’s economy, saying it has weathered Beijing’s economic coercion and is encouraging businesses to continue diversifying away from the China market.

The treasurer’s comments come just days after former Prime Minister Paul Keating wrote a scathing op-ed critical of the Morrison government’s handling of bilateral ties.