Tokyo | Treasurer Jim Chalmers says China’s economic stimulus measures unveiled this week to revive its soft economy will be very good for Australian exporters, even as he warned iron ore prices remained under pressure.
On the first visit to Beijing by a federal treasurer in seven years, Dr Chalmers also ruled out following the United States in imposing tariffs on Chinese electric vehicles, such as BYD, which have become increasingly popular with Australian drivers.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
