Yahoo Finance: China Deals Long-Term Blow to Aussie Economy
Sun June, 2020, Age: 4 years
China has issued a warning to its citizens against traveling to Australia due to a “significant increase” in racist attacks on “Chinese and Asian people”, in a move that may have long-term ramifications for Australia’s economy. The travel warning comes after weeks of growing tensions between the two nations. China has imposed tariffs on barley and blacklisted four meat exporters, acts that were speculated to have been in retaliation to Australia’s push for an inquiry into the origins of the global pandemic.