China's economy is booming, and its hunger for energy, farm products and other resources is making it a huge player in the global market.
According to an Associated Press report on the Dow Jones Newswire, Australia is one country taking advantage of China's appetite for energy. Tomorrow, a $3.6 billion gas terminal will be inaugurated in southern China, which will receive liquefied natural gas shipments from Australia as part of a 25-year contract between the two countries.
China imported 46% more Australian goods last year than the year before, and nearly half of those purchases were farm products and other resources.
Canberra and Beijing are also discussing a free trade agreement -- something the U.S. and European Union have refused to do.
Learn more about China's economy, and how it impacts global markets:
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China's economy is booming, and its hunger for energy, farm products and other resources is making it a huge player in the global market.








