Australian economy would take ‘economic hit’ in South China Sea war

The economic fallout from military conflict in the South China Sea would hit every major economy in the Asia Pacific, including Australia, according to a new report.One third of global shipping - worth $4.8 trillion of international trade - passes through the waterway, which links Asia with Europe and Africa.But any disruption would result in global shipping … Continue reading Australian economy would take ‘economic hit’ in South China Sea war