China's demand for Australian iron ore and coal has surged amid the coronavirus pandemic despite rising animosity between the two countries | ErykBagshaw
China's demand for Australian iron ore and coal has surged amid the coronavirus pandemic despite rising animosity between the two countries.
The new figures also show China's textile exports including masks have jumped by 32 per cent during the first six months of this year, with medical devices jumping by almost 50 per cent, pointing to a growing demand for Chinese medical products during the pandemic. Both exports and imports beat market expectations to record a positive result, putting China on track to become the only G20 economy to grow in 2020.
The Morrison government is preparing for further trade and diplomatic retaliation over its decision to offer a visa extension to 10,000 Hong Kong residents already in Australia in response to national security laws imposed on the former British colony by Beijing. The laws criminalise dissent in the Chinese territory which carry maximum life sentences in jail.
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