×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
23
Feb 2026
weather symbol
Athens 15°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Australia learns there’s no replacement for the Chinese consumer

China’s inability to source its massive iron ore requirements outside Western Australia’s Pilbara region means that it's still Australia’s biggest trade partner

Newsroom November 21 02:41

Australia has spent big to attract swathes of Indian tourists to its shores, signed a free-trade deal with post-Brexit Britain and uncovered new Middle East markets during its 30-month trade rift with China.

Still, outside iron ore and other key commodities, there’s been substantial pain for exporters. For a small and open economy like Australia’s, branching away from the emerging global superpower is easier to imagine than realize.

China’s inability to source its massive iron ore requirements outside Western Australia’s Pilbara region means that it’s still Australia’s biggest trade partner by a long way, despite the diplomatic freeze.

See Also:

>Related articles

Volodymyr Zelensky to the BBC: “Vladimir Putin has already started World War Three — We will not hand over territory for a ceasefire”

A “Hexagon” of alliances with India, Greece, Cyprus & Arab states sought by Netanyahu against Shiite and Sunni extremism

Gunman armed with rifle and gasoline can shot dead by Secret Service at Trump’s Mar-a-Lago Estate

Gary Oldman says he plans to retire from acting soon

But for other key industries, there’s been no simple substitute for Chinese consumers of quality lobster and wine or its big-spending tourists and students, who’ve also been kept away by Covid-19 restrictions. While there are some signs tensions are thawing — new Prime Minister Anthony Albanese met President Xi Jinping last week, the first tete-a-tete between the countries’ leaders since 2019 — Australian businesses aren’t banking on restrictions easing anytime soon.Here is how six key sectors — tourism, seafood, wine, education, barley and coal — at the heart of China’s trade reprisals have fared.

Read more: Bloomberg

Ask me anything

Explore related questions

#australia#china#economy#trade#world
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

New model: Everything changes in military service from Tuesday

February 23, 2026

Weather: Sunshine and northerly winds for kite flying — where winds will be favorable

February 23, 2026

Clean Monday: How Koulouma will be celebrated across the Municipalities of Attica

February 23, 2026

Winter Olympic Games: Spectacular Closing Ceremony at the Arena of Verona – Watch the Video

February 23, 2026

Volodymyr Zelensky to the BBC: “Vladimir Putin has already started World War Three — We will not hand over territory for a ceasefire”

February 23, 2026

Eleni Glykatzi-Arveler: How she changed the historical image of Byzantium

February 23, 2026

A “Hexagon” of alliances with India, Greece, Cyprus & Arab states sought by Netanyahu against Shiite and Sunni extremism

February 22, 2026

Gunman armed with rifle and gasoline can shot dead by Secret Service at Trump’s Mar-a-Lago Estate

February 22, 2026
All News

> Greece

New model: Everything changes in military service from Tuesday

Enlistment only in the Army, “allowance” up to €100, 10 weeks of basic training, postings mainly to Thrace and the Eastern Aegean, drone courses, upgraded meals, and certified professional skills

February 23, 2026

Weather: Sunshine and northerly winds for kite flying — where winds will be favorable

February 23, 2026

Clean Monday: How Koulouma will be celebrated across the Municipalities of Attica

February 23, 2026

Water scarcity: Better news for Lake Mornos after the rains – “We must not become complacent,” experts say

February 22, 2026

Military service is changing: Everyone in the Army, 10 weeks of basic training, €100 allowance in border areas

February 22, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα