Economic and Business Relations Between Australia and China: An Overview and an Assessment

Clement Tisdell

No 90543, Economic Theory, Applications and Issues Working Papers from University of Queensland, School of Economics

Abstract: This article highlights trends in the comparative value of Australia’s merchandise trade with China and considers the relative importance of Australia for China’s international merchandise trade and vice versa. The composition of the merchandise trade between Australia and China is also examined. Trade in services between Australia and China is of increasing importance and its composition and balance is discussed. As a result of global economic reforms, international mobility of capital has increased. China has become the world’s major destination for foreign direct investment (FDI) and is now itself an important source of FDI. However, Australia is not a major investor in China nor a major outlet for China’s FDI. Reasons for this, and for the other features observed in economic and business relations between Australia and China, are outlined. Prospects are explored for future economic relations between Australia and China, particularly in the light of a proposed Australia-China Free Trade Agreement.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 19
Date: 2006-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

Downloads: (external link)
https://ageconsearch.umn.edu/record/90543/files/WP%2039.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uqseet:90543

DOI: 10.22004/ag.econ.90543

Access Statistics for this paper

More papers in Economic Theory, Applications and Issues Working Papers from University of Queensland, School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().