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China are Australia's largest trade partner, bookkeeping to possess about 40% of the nation's exports and you may 17.6% of the imports. Australian authorities financial obligation, regarding the $963 billion within the June 2022, is higher than forty-five.1% of the nation's complete GDP, which is the world's eighth-large. It is the industry's 12th largest by moderate words, and also the twenty-3rd biggest by PPP.
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