'Twenty years ago we did no trade with China and Australia was a pretty good place': Senator says we can stand up to 'bullying' Beijing and find other trade partners
Australia should diversify its trading partners and stop relying on China amid growing tensions with the communist superpower, Queensland Senator Matt Canavan says. Appearing on the Today Show on Wednesday morning, he said Australia did not need trading partners who were 'bullies'. 'Twenty years ago we basically did no trade with China. I can remember what it was like in Australia 20 years ago, it was a pretty good place,' he said. 'We are still going to be a pretty good place as long as we keep our values and principles dear and cherished.' Senator Canavan's comments weren't entirely accurate. In 2000, Japan was still Australia's No. 1 trading partner with China in seventh position behind the United States, South Korea, Singapore, New Zealand and the UK. China has slapped enormous tariffs on Australian goods, including beef, barley and wine (pictured, a shopper in Beijing on November 23) Back then, Australia's trade with China was worth $6.9b