Thu, Sep 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Trends more

Australia’s dependency on China commodity appetite rises

Posted on 01 July 2014

Australia still has the Union Jack on its flag and the British queen on its coins, and was once described as the US “deputy sheriff” in Asia, but the real dependency relationship is with China. Nowhere is this reality made more clear than in the quarterly outlook by the Bureau for Resources and Energy Economics (BREE), the government agency responsible for commodity exports and other forecasts.
In the 2002-03 fiscal year, the biggest buyer of Australian resource and energy exports was Japan, which took 15% and 39% of the respective totals, according to BREE’s Resources and Energy Quarterly published June 25………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42208 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930