Opinion
China’s EVs good for Aussie drivers, bad for global trade war
Beyond the swings in the iron ore price, Australia’s national security and economic agencies are discussing a new vexing issue.
John KehoeEconomics editorAs Jim Chalmers prepares to be the first federal treasurer in seven years to visit China, he should not only have the budget implications of China’s softening demand for iron ore on his mind.
The price of Australia’s largest export has been volatile recently and China’s steel demand has plateaued – albeit at a high level of more than 1 billion tonnes a year, BHP chief executive Mike Henry said at the miner’s profit result this week.
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