70 per cent of polled Australian firms express concern about deteriorating China-Australia ties, up from 45 per cent in 2018 survey
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Although Covid-19 continues to dent earnings for those Australian businesses working with or in China, they currently see
tensions as their biggest business risk, according to the Australia-China business chamber AustCham, which polled 87 businesses in Beijing, Southern China and Western China.
More than 70 per cent of the surveyed businesses said they were concerned about the deteriorating relationship, compared with 45 per cent in a similar 2018 survey.
Just over 50 per cent considered a weakening of the Chinese economy a risk, while 47 per cent said the global recession posed a threat.
https://www.scmp.com/economy/global-economy/article/3093383/australia-firms-china-say-bilateral-tensions-now-bigger-risk
