China confirms is has become Australia’s main client for beef and veal

Thursday, April 25th 2013 - 18:46 UTC

Full article 3 comments

Australia’s beef and veal exports for March increased 5% year-on-year, to 87,742 tonnes swt, with the Chinese market again setting a monthly record high, at 12,320 tonnes swt (Department of Agriculture, Forestry and Fisheries). Read full article

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briton
Sometimes I feel as if china is re-creating its own private bubble,

Good or bad, bubbles have a habit of either bursting, or being used as a bargaining tool to get what you want,

Relying on one nation can sometimes lead to blackmail or pressure against ones own interests.

Still,
Id rather keep my option open thanks.

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Apr 25th, 2013 - 07:31 pm - Link - Report abuse 0
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John Troll the 3rd
Australia has been China's colony for well over a decade long. Australia will be the first to collapse when China goes down.
Apr 26th, 2013 - 02:09 am - Link - Report abuse 0
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Conqueror
@2 Really? According to research, “agriculture contributes 3% of Australia's GDP at the farm gate and when value-added processing beyond the farm is included this figure rises to 12%.” So we'll assume the top figure. Losing 12% if GDP might be a little painful, BUT with 88% of GDP left and many more markets, I reckon Australia will “manage”. Who will buy? Given this - http://en.mercopress.com/2013/04/25/uruguay-gm-lambs-which-have-a-luminescence-reaction-when-exposed-to-uv-conditions - perhaps Uruguay would like some?
Apr 26th, 2013 - 10:42 am - Link - Report abuse 0
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