Migrants into Australia are a vitally important part the economy, worth $1.6 trillion by 2050. Migrants not only offer important economic benefits, they also bring diversity of thinking, innovation and growth to the Australian business landscape.
With China’s economy showing signs of recovery as the country begins to emerge from the COVID-19 epidemic, we can’t lose commercial sight that China remains incredibly important in the medium-long term to Australia.
Unless you are a speculator, uncertainty is not a friend to financial markets. Volatility in prices and returns keep investors on the sidelines, dampening economic activity and slowing growth in the process.
China remains a difficult market to do business for many companies across multiple sectors and executives remain concerned about the Chinese economy, increasing protectionism and rising employment and operating costs.