What is the relationship between Australia and China?
China is Australia’s largest two-way trading partner in goods and services, accounting for nearly one third (31 per cent) of our trade with the world. Two-way trade with China declined 3 per cent in 2020, totalling $245 billion (Australia’s global two-way trade declined 13 per cent during this period).
Why does Australia need China?
Today, China is Australia’s largest trading partner in terms of both imports and exports. Few other countries had Australia’s huge supplies of iron ore, which were close to the sea and easily developed, and proximity to China for shipping minerals (of which transport costs are up to 10\% of the value).
Does New Zealand get snow?
Most snow in New Zealand falls in the mountain areas. Snow rarely falls in the coastal areas of the North Island and west of the South Island, although the east and south of the South Island may experience some snow in winter.
Is Australia becoming less important in New Zealand’s South Pacific?
Arguably, the only remaining piece of New Zealand’s South Pacific empire is the Cook Islands. “Economically, too, Australia was becoming less important,” Dr Barnes says.
What is the history of New Zealand in Australia?
The Commonwealth of Australia is established. New Zealand declines several invitations to become a member. New Zealand annexes the Cook Islands and Savage island (Niue), and appoints Resident Commissioners to govern these territories. 1902 New Zealand adopts its official national flag. 1907 New Zealand becomes a dominion.
How has New Zealand’s government responded to China?
Since coming to power in October 2017, the Ardern government has steadily adjusted New Zealand’s China policies, on a case-by-case basis, with the spy agency the Government Communications Security Bureau claiming its assessments were “ country agnostic ”. Beijing’s actions in Xinjiang and Hong Kong have sped up the process of that readjustment.
What is New Zealand doing to mitigate the China risk?
Beijing’s actions in Xinjiang and Hong Kong have sped up the process of that readjustment. New Zealand is now pulling together with other small and medium states to provide mutual economic, political, and strategic support to mitigate the China risk.