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Trade

Australia's soaring exports to China at risk in diplomatic rift

Trade to suffer unless Canberra eases criticism: Communist Party-backed paper

An iron ore mine in Western Australia. The country exports the bulk of its iron ore to China.   © Reuters

SYDNEY -- Australia's exports to China have climbed to new highs even as diplomatic disputes between the countries escalate, but Beijing has begun to step up pressure on Canberra for a more accommodating stance in international relations.

Chinese-bound shipments reached an all-time high of 14.6 billion Australian dollars ($10.5 billion) in June, data released Tuesday by the Australian Bureau of Statistics shows. China received 49% of goods exported by Australia in the month.

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