During the pandemic, the trade relationship between China and Australia has got bigger, not smaller. Strong commodity prices have cushioned the economic downturn in Australia during the COVID-19 lockdown.
Australia’s resource exports will help fuel a strong economic recovery in China with low-cost, high-quality inputs into global supply chains. The Australia-China economic relationship is important for the recovery of both countries and all of Asia.
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Peter Drysdale is emeritus professor of economics and head of the East Asian Bureau of Economic Research and East Asia Forum at the Crawford School of Public Policy at the Australian National University.
Yongjun Zhang is senior economist at the China Centre for International Economic Exchanges (CCIEE), a government think tank in Beijing.
