www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / View

Australia taking yuan step at a time

By Tim Harcourt | China Daily | Updated: 2013-04-24 08:00

Australian Prime Minister Julia Gillard's visit to China in April was of immense importance to her personal standing, the country's foreign policy and the future of Australia's economic relationship with China. China's relationship with Australia as export destination, source of import and trading partner has grown by leaps and bounds, and despite the occasional public relations skirmish, bilateral investment ties are pretty healthy too.

The highlight of Gillard's visit was the announcement of the convertibility of the Australian dollar into the Chinese yuan (or reminibi). This is good news for Australian exporters - especially small and medium-sized enterprises (SMEs) - which unlike Rio Tinto and Woodside don't have a large enough capacity to hedge on currency.

The number of such companies is not insignificant. According to new Australian Bureau of Statistics figures, nearly 5,300 Australian companies export goods to the Chinese mainland with another 5,024 exporting to Hong Kong (mainly as a base for the mainland market). This dwarfs most European destinations and even Northeast Asian giants Japan (2,773 exporters) and the Republic of Korea (2,187). When one adds the 3,000-plus Australian companies that have an office on the mainland, the importance of Gillard's announcement increases manyfold.

According to Sensis, more Australian SMEs export to China (and ASEAN member states) than to Europe, so the Chinese market is very important for them. Much will depend on the Chinese financial services sector's development - and Australian companies like ANZ, Macquarie and AMP are helping in this regard - but the convertibility move is a good first step on the long march to seamless economic ties between Australia and China.

The other main issue of Gillard's visit was a free trade agreement (FTAs) with China, which has been at the negotiation stage for nearly a decade. While FTAs with China incite passions in countries like the United States, Canada and the ROK, in Australia the response has been relatively benign.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: www.久久视频| 国产亚洲欧美日韩在线看片 | 日韩毛片大全免费高清 | 天天综合天天看夜夜添狠狠玩 | 精品久久免费观看 | 国产在线精品福利91香蕉 | 欧美一区二区在线播放 | 97在线视频免费公开观看 | 国产呦精品系列在线 | 夜色毛片永久免费 | 国产一区二区高清在线 | 美女黄色免费在线观看 | 色欧美与xxxxx| 欧美理论在线 | 成 人 黄 色 视频 免费观看 | 毛片美国 | 毛片免费在线观看 | 波多野结衣中文在线播放 | 亚洲国产精品一区二区三区久久 | 欧美成人一级视频 | 亚洲人成在线观看 | 天天摸天天爽视频69视频 | 中文字幕一区二区三区有限公司 | xxxwww欧美| 全部免费a级毛片 | 日韩在线国产 | 亚洲美女爱爱 | 免费看a级毛片 | 国产精品久久久久国产精品三级 | 搞黄网站免费观看 | 欧美一级俄罗斯黄毛片 | 久久99国产精品一区二区 | 99视频久久精品久久 | 国产亚洲网站 | 一级做a爱久久久久久久 | 久久亚洲国产中v天仙www | 日本免费在线一区 | 91视频国内 | 日本一区二区三区在线 视频 | 国产精品久久久久久久y | 欧美另类69xxxxx 视频 |