From milk and meat producers to goods like opals and wine, local businesses are moving swiftly to secure deals while the China-US tariff dispute continues to disrupt global trade.
Many of these firms presented their products at the China International Import Expo in Shanghai, where they noted renewed interest from Chinese buyers. Attendees including dairy and pharmaceutical brands signed over half a dozen new distribution agreements and commercial memorandums. These deals signal that Australian exporters see opportunity in China, even as geopolitical risks linger.
Australia's diplomatic engagement with China has reopened avenues for trade after years of strained relations. A recent high-level visit by Australian leaders aimed to reinforce cooperation while balancing strategic ties with the US involving critical minerals, technology access and regional alliances.
Recent data shows that China's exports have declined for the first time in eight months, raising concerns about global demand. Still, China's premier expressed confidence, positioning the country as a reliable market for international firms. Although consumer confidence remains low and the property sector continues to slow, investors at the expo were encouraged by signs of gradual recovery.
Some business leaders remain cautious about deeper investment in China due to past policy shifts, but many believe early action now could bring long-term benefits before the market becomes more competitive. Others view a pivot away from the US and its inconsistent trade policies as necessary to protect supply chains.
China is using events like the import expo to attract foreign investors and affirm its commitment to international trade. This is part of a broader strategy aimed at boosting domestic demand while reducing dependence on foreign suppliers, creating both opportunities and challenges for trade partners such as Australia.
