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China-Australia trade tipped to hit USD90b this year

Chinese-Australian bilateral trade may rise to as much as AUS100 billion (90.38 billion) this year, according to Austrade, the Federal Government’s trade and investment development agency.

Trade between the two countries increased by around 30 percent to AUD86 billion (USD77.75 billion) in the 2009 financial year, Jeff Turner, Austrade’s Senior Trade Commissioner in Guangzhou, said during an interview in Sydney on 22 February.