View source for Australia s Never-ending Spat With

Australia's never-ending spat with [/news/china/index.html China] has caused the trade surplus to plunge by 39 per cent in just three months.<br>China's insatiable demand for iron ore, the commodity used to make steel, last year saw Australia become a net exporter for the first time since the early 1970s.<br>The current account surplus - where a nation exports more goods and  [https://www.kynghidongduong.vn/tours/tour-du-lich-trung-quoc-ha-khau-con-minh-le-giang-shangrila-shangri-la-6-ngay.html kynghidongduong.vn] services than it imports - shrank by 39 per cent in the September quarter, following a series of diplomatic standoffs with China, Australia's biggest trading partner. <br>         [http://www.dict.cc/?s=Australia%27s%20never-ending Australia's never-ending] spat with China has caused the trade surplus to plunge by 39 per cent in just three months.<br><br>China's insatiable demand for iron ore,  [https://www.kynghidongduong.vn/tours/tour-du-lich-trung-quoc-ha-khau-con-minh-le-giang-shangrila-shangri-la-6-ngay.html tour du lịch lệ giang] the commodity used to make steel,  [https://www.kynghidongduong.vn/tours/tour-du-lich-trung-quoc-ha-khau-con-minh-le-giang-shangrila-shangri-la-6-ngay.html tour shangrila] last year saw Australia become a net exporter for the first time since the early 1970s<br>Official national accounts data for the September quarter showed the economy has emerged from a recession - the first in 29 years - with a 3.3 per cent growth pace in just three months, which was the fastest since early 1976.<br><div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-384a8580-342e-11eb-ad35-5dbc59ea78fc" website spat with China is ruining Australia&apos;s economy, threatening trade