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DEMAND FROM CHINA BOOSTS AUSTRALIA'S TERMS OF TRADE.
CANBERRA, Dec 1 Asia Pulse - The emergence of China was one of the reasons for Australia's strong terms of trade, Treasurer Peter Costello said today.
Mr Costello, speaking on the release of today's national accounts figures which showed the economy growing 0.3 per cent in the September quarter, said China was pushing the economy along.
He said the nation's terms of trade were at a 30 year high, driven by demand from the Chinese ...
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Source: HighBeam Research, DEMAND FROM CHINA BOOSTS AUSTRALIA'S TERMS OF TRADE.