China economic collapse: Xi Jinping should be worried! Australia's sharp weapon will paralyze the Chinese economy.

Analysis of the US media said that Australia's iron ore is the "nuclear choice" that Australia holds in its foreign policy towards China, which gives Australia a great advantage against the restraint of Beijing. Since the beginning of the year until now, Sino-Australian relations have deteriorated rapidly. Diplomatic tensions have spread to the economic realm. The CCP has banned the import of Australian beef, wine, and barley as commercial retaliation. In response, last month, the Australian government blocked the acquisition of Australian dairy business Lion Dairy and drinks by Chinese dairy group Mengniu Dairy from Japan's Kirin Holdings company. Although Sino-Australian relations have rifted, so far both sides have not touched on iron ore trading.

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