SYDNEY -- Commodity price trends, China's energy crisis and evolving Asia-Pacific defense alliances appear to be helping Australia weather its long-running confrontation with Beijing, despite significant pressure on some segments of its economy.
Analysts say commodities trends and security alliances work in Canberra's favor
Australia-China relations have rapidly worsened since last year, but analysts say Canberra and its economy are weathering the storm. © Reuters
SYDNEY -- Commodity price trends, China's energy crisis and evolving Asia-Pacific defense alliances appear to be helping Australia weather its long-running confrontation with Beijing, despite significant pressure on some segments of its economy.