{"id":21722,"date":"2014-11-17T18:33:32","date_gmt":"2014-11-17T17:33:32","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=21722"},"modified":"2014-11-17T18:36:51","modified_gmt":"2014-11-17T17:36:51","slug":"trade-deal-xi-whiz-in-australia-with-tony-abbott","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/trade-deal-xi-whiz-in-australia-with-tony-abbott\/","title":{"rendered":"Trade Deal: Xi Whiz in Australia with Tony Abbott"},"content":{"rendered":"

Australia and China signed a trade deal which extends beyond mining.\u00a0 Australia is the most China-dependent country in the world.\u00a0 Exports to China count for 5.3 percent of the GDP.<\/p>\n

Two-way trade, which reached A$151 billion ($132 billion) in 2013, has been driven by China\u2019s insatiable appetite for resources and energy, while Australia mainly buys cheap Chinese manufactured products.<\/p>\n

China supplied 20 percent of Australia\u2019s A$256 billion of imports in 2013 and bought more than 35 percent of its exports last year, International Monetary Fund data show.<\/p>\n

95% of Australia’s exports to China will be free of tariffs.<\/p>\n

The issue of investnment by China’s state-owned enterprises was deferred in order to get the deal done.<\/p>\n

\"Australia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Australia and China signed a trade deal which extends beyond mining.\u00a0 Australia is the most China-dependent country in the world.\u00a0 Exports to China count for 5.3 percent of the GDP. Two-way trade, which reached A$151 billion ($132 billion) in 2013, … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-21722","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t