Premier Li of China will visit Australia from March 22 for a week of meetings. These are likely to include trade discussions, given that China represents 21% of Australia’s exports. Panjiva analysis of each country’s top 200 export lines to the other shows there may not be a lot for a traditional trade deal to achieve. There is a high degree of specialization, with two way trade in only 6% of the products studied. Australia may want to export more agricultural products to reduce its proportional exposure to minerals and energy. Chinese exports to Australia are similar to its global sales...
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