Thursday, October 31, 2024

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China-Australia relations: is this the start of ‘mining boom …

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China is making Australia rich as record-breaking iron ore prices lift revenues for both miners and the Australian government, despite a long-standing bilateral political conflict, but Australia is unlikely to enjoy another decade-long mining “boom”, according to analysts and economists.Canberra, which recently began discussing the possibility of “war” with China, likely gained an additional A$37 […]

Source link : China-Australia relations: is this the start of ‘mining boom … by SCMP China Business News

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