/CHINA: Australia firms in China say......>

AUSTRALIA: /CHINA: Australia firms in China say bilateral tensions now a bigger

risk than weak economy: survey (SCMP)

- 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 per cent of the surveyed

businesses said they were concerned about the deteriorating relationship,

compared with 45 per cent in a similar 2018 survey.

- Link: https://tinyurl.com/y7zwzgc9