Australia export earnings from China trade fall on commodity price slump

February 10, 2016

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As China’s economy continued to lose momentum through the fourth quarter of 2015, most commodity prices followed suit.

Australia’s Office of the Chief Economist warned in the latest edition of its China Resources Quarterly that the longer commodity prices spent at their current levels, the more pressure would be brought to bear on mines, which were operating in the upper quartile of their respective industry cost curves.

Category: General