SYDNEY -- Australia has downgraded its expected mining export revenue by more than 100 billion Australian dollars ($63 billion) over the next four years due to China's slowing economy, Treasurer Jim Chalmers said on Monday.
Commodities
Australia slashes $63bn from expected mining export revenues as China slows
Treasurer flags major budget hit as Chinese economy falters
Australia's government is due to release a key budget on Dec. 18. © AP
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