The Lucky 8: Opportunities for Australia in China’s future

The decline in Australia’s economic relationship with China is not inevitable. Australia has many comparative advantages beyond mining that could be complementary with China’s future growth. We should have been reorienting our economy towards the new sources of growth over the last five years, rather than assuming the resources prices would defy gravity indefinitely. Fortunately, it is not too late. And China is committed to opening up Australian trade and investment, as evidenced by the recent free trade agreement. Where are the opportunities for Australia in China’s future? China has given us a strong hint as to where the future growth drivers will be in two announcements in recent years and given Australia’s current areas of strength and latent potential, we have identified 8 opportunities for business and investors outside mining. Some of these opportunities are in financial services, retail, agriculture and tourism. To read more on these opportunities and for the full list of eight click the (VIEW LINK)