China’s slowing economy hurting Australia’s farmers

The most important player in Australia’s multi-billion dollar wool industry is China – it imports about 80% of the Australian clip. A steady drop in wool prices has reportedly hurt many Australian farmers since the slowdown of China’s economy.

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One thought on “China’s slowing economy hurting Australia’s farmers

  1. The most important player in Australia’s multi-billion dollar wool industry
    is China – it imports about 80% of the Australian clip. A steady drop in
    wool prices has reportedly hurt many Australian farmers since the slowdown
    of China’s economy.
    

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