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Cheaper CN Goods Flowing into Australia, Helping Tame Local Inflation: Report
A large influx of low-priced Chinese goods is entering Australia, according to Bloomberg. Local consumers' tendency to buy products from China at lower prices and a recent slow...
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Cheaper CN Goods Flowing into Australia, Helping Tame Local Inflation: Report
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A large influx of low-priced Chinese goods is entering Australia, according to Bloomberg. Local consumers' tendency to buy products from China at lower prices and a recent slowdown in inflation have given the Reserve Bank of Australia confidence to consider a rate cut this week.

It is understood that US tariff policies have made it harder for Chinese manufacturers to access the US market. Coupled with the softness in China's economy, Chinese manufacturers are scrambling to expand into more overseas markets.

Related NewsM Stanley Latest Focus List for H Shrs, CN ADRs, A Shrs (Table)
Temu, the cross-border e-commerce platform under PDD (PDD.US)      , has already captured an immense share of Australia's online sales, while Shein, known for selling Chinese-made apparel, has recently launched its first Australia-focused brand, Aralina. In addition, JD-SW (09618.HK)  -0.600 (-0.453%)    Short selling $103.35M; Ratio 11.603%   has rolled out an Australian website, and BABA-W (09988.HK)  -0.300 (-0.252%)    Short selling $811.92M; Ratio 10.254%   (BABA.US)      has introduced an English version of the "618" shopping festival on Taobao.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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