Australia firms in China say bilateral tensions now a bigger risk than weak economy: survey

For Australian businesses with close China ties, tensions between the two countries pose a more worrisome threat than a slowdown in the Chinese economy, a new survey has found.Although Covid-19 continues to dent earnings for those Australian businesses working with or in China, they currently see Sino-Australian tensions as their biggest business risk, according to the Australia-China business chamber AustCham, which polled 87 businesses in Beijing, Southern China and Western China.More than 70…

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