Doing business in China just got easier if your an Aussie importer
In addition to the strategic partnership, the governments have signed into law the start of direct trading of Australian dollars and the Chinese currency, removing the need for an intermediate transfer into US dollars at the cost of time and money."
With countries across the world clamouring for the ear of the world's second largest economy, Prime Minister Julia Gillard has landed the foreign policy triumph of her leadership, agreeing to a strategic partnership with her Chinese counterpart, Premier and Prime Minister, Li Keqiang.
:: This opens up possibilities for middle men in places like Thailand who can get into china faster scout and secure products