Blog 学习 HSC Economics Review Ep #24: China VS Australia Part 2

HSC Economics Review Ep #24: China VS Australia Part 2

If you’re an HSC Economics student, you’re probably on the hunt for some relevant case studies. Whilst the China and Australia trade relationship has constantly been in the news, you might be having a hard time trying to understand what is actually going on!

今天,我们正在研究澳大利亚与中国垂死的关系的影响。现在,如果您还没有看过第2部分第1部分,您应该先检查一下,以便您有一些上下文的理解。

因此,事不宜迟,让我们深入了解中国和澳大利亚贸易关系的影响!

澳大利亚的出口
这如何使澳大利亚处于危险之中?
Australia’s Efforts Towards the Economy
谁受伤了?
巴西 - 澳大利亚的机会之窗

澳大利亚的出口

From Part 1, we know that中国已经采取行动切断了澳大利亚出口from wine to meat, coal, timber, and more.

这里要注意的重要一点是,澳大利亚对中国的出口位置约为27%(通常达到30年代)澳大利亚向世界的贸易。所以澳大利亚总出口量的几乎三分之一去了中国,使其成为大型贸易伙伴。Further, Australia’s exports to China have almost always been greater than our imports.

With the cancelled trade on a range of Australian industries, we see a massive impact on our economy, from cash flow to employment. Therefore,这些保护和贸易限制对澳大利亚经济产生了越来越多的负面影响,,,,not to mention the toll it’s taken thanks to the Coronavirus Pandemic.

这如何使澳大利亚处于危险之中?

所以China has implemented restrictions and tariffs on a whole load of different Australian exports,但让我们概述这带来的一些核心风险。

These restrictions have undermined the 2015 Free Trade Agreement set between Australia and China旨在鼓励整体贸易和两国的经济增长。

但是,我们倒退了。考虑到我们仍在处理covid的事实,澳大利亚需要任何可以找到的增长机会才能简单地开始康复。

Now if we were to compare our current economic situation with the Global Financial Crisis (GFC) to gain a bit more context,COVID has had a significantly greater impact on the Australian economy。所以the lack of exportation to China and the increased trade tariffs aren’t helping.

We’ve also seen that China has the upper hand in this situation,在整个2020年,中国实际上增长了20%,因此它们的经济状况比澳大利亚更好。这成为对澳大利亚的主要威胁,因为我们旨在恢复经济,同时看到这种贸易的暴跌。

澳大利亚如何试图改善经济

这里发生的事情是,我们看到在财政响应上施加了巨大的压力。那是,政府需要注入更多的钱来鼓励支出和现金流,并刺激国内增长。

这种财政反应实质上使我们一直持续到2020年和2021年。it isn’t a sustainable form of economic growth; leaving Australia in a position that’s vulnerable to a financial crisis.

Let’s Talk Numbers

Earlier we mentioned the Free Trade Agreement signed in 2015. Now, if we look at the value of Australian exports to China in 2015 compared to 2020, our numbers have doubled!

We went from $75 billion worth of exports to $150 billion。但是,如果您查看从葡萄酒和龙虾到煤炭和木材的所有交易限制和关税,我们将损失价值约200亿美元的出口。

所以问题是,where on earth are we going to find that $20 billion,,,,which has the potential to increase if China continues to cut off trade?

自然,澳大利亚一直在研究其他国家之间的替代交易协议。但是问题是,中国是一个如此大的贸易伙伴,以至于出口到其他国家仍然不会损失200亿美元。

Even with sourcing new countries to export to,建立与不同规则和法规的新协议有一个漫长的过程。And setting up these bureaucratic matters take time — time Australia doesn’t have.

谁受伤了?

很明显在这种情况下,澳大利亚的经济损失最大,但更具体地说,某些企业的时间比其他企业更艰难。例如,葡萄酒行业总共向中国出口了12.6亿美元,这已经从市场上售出了。

更糟糕的是,这是对此的影响。多米诺骨牌效应。We see that these企业的贸易较少,缺乏买家。

因此,有increasing unemployment rates, which are already weak due to COVID。然后降低业务信心在决定投资某些公司和行业时。

沿着工作方式中国在澳大利亚占13个工作中的1分之一,,,,so with their cut off in trade, there’s just more and more pressure placed on the unemployment rates in Australia.

巴西 - 澳大利亚的机会之窗

巴西发生了什么事?一个主要的大坝倒塌了,巴西无法出口铁矿石。

This downfall for Brazil has created a window of opportunity for Australia, in whichwe saw 23% of growth in September 2020 because China then imported iron ore from Australia!

所以a positive step for Australia — yes. However,it’s only a matter of time before Brazil reconstructs their dam and is operating for exports again.因此,这是澳大利亚开始建立更多贸易与其他要求铁矿石的国家建立更多贸易的关键时刻,以再次建立这些行业。

同样重要的是要注意目前,澳大利亚的贸易盈余平衡几乎完全得到了铁矿石的支持,因此我们需要建立一种更可持续的方法来寻找外部稳定性。

如您所见,中国和澳大利亚的贸易关系与HSC经济学有很大的相关性,并且您可以专注于分析中的许多特定领域。Hopefully this rundown of the trade relationship between China and Australia has given you a better understanding of the current and developing situation.

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Nandini Dhir是Smart Art的内容作家,目前正在学习艺beplay体育官方术学士学位(主修营销)和高级研究学士学位(媒体和传播学士学位),作为悉尼大学的Dalyell学者。她喜欢涵盖自己地区的当地问题,并在媒体上撰写有关时事的文章。南迪尼(Nandini)在《悉尼先驱晨报》(Sydney Morning)的一篇文章中发表了其中一篇文章。在业余时间,Nandini喜欢做书法,芭蕾舞和缝纫,或者发现她的猫被发现。

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