CBA Economists Highlight How Internal Challenges in China are Compelling Australian Firms to Diversify Business Strategies

Australia’s ongoing economic ties with China have undergone a significant transformation, driven by changes in the global economy. Economists at the Commonwealth Bank of Australia (CBA) highlight how internal challenges in China and evolving international supply networks are compelling Australian businesses to broaden their horizons.This shift marks a departure from the heavy reliance on Chinese markets that once dominated Australia’s export strategy, opening doors to new opportunities while mitigating risk ...