01.04.2013 - 02:12 [ International Business Times ]

Sorry, Mates, Strictly Business: Australia Wants To Cut Out US Dollar In Trade With China

Eliminating the dollar in trade will be the focus of Australian Prime Minister Julia Gillard’s trip to Beijing next week. Trade with China, Australia’s primary trading partner, totaled $120 billion in the last fiscal year. China buys nearly one-third of Australian exports.