ChAFTA means comparatively little for Australia

By Alex Millmow
Updated April 23 2018 - 11:35pm, first published October 8 2015 - 6:43pm

It was ominous that the day Australia announced that we had signed up to the Trans-Pacific Partnership, another trade deficit blowout for August was revealed. One might have thought, with our anaemic growth rate and lower dollar, Australia would be registering more exports and less imports. Think again. The TPP is a big free-trade zone across the Pacific sponsored by the United States; China was pointedly excluded from it.

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