The extent of Chinese growth in recent years has been the driving factor behind Australia’s export boom, as well as the expansion of the country’s freight transport sector. With China’s growth outlook now starting to slow and BMI projecting that an expansion of 8% in China’s economy is not sustainable, we believe that Australia will need to diversify its trade mix to help keep its freight sector ahead of the curve. Although Australia does have free trade negotiations under way with other Asian nations, such as India, Japan, South Korea and Malaysia, China is set to remain Australia’s dominant trade …
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