China’s appetite for Australian iron ore, beef and gold push May exports to 4-year high, despite trade tensions

• Australia exported A$39 billion (US$29.3 billion) in merchandise goods last month, of which China bought A$16 billion, or about 41 per cent
• China’s purchases of iron ore from Australia rose AU$2 billion or 20 per cent over the month, while meat imports increased 28 per cent to A$57 million