Quote:The Australia-China economic and trade relationship continues to steadily expand. China is now Australia's largest two-way trading partner in goods and services (valued at more than A$150 billion in 2013), our largest goods export destination (A$95 billion in 2013), and our largest source of merchandise imports (A$47 billion in 2013). The Government is pursuing a number of initiatives to strengthen and diversify this relationship.
China, whether people like it or not are the next big super power. We hardly even had a GFC cause of our connection to China.. of course Germany would be strengthening those ties, they aren't stupid.