This is good news for Australia because most of Australia's resource and food exports go to China.

https://www.rt.com/business/595569-china-growth-forecast-raised/


Quote:

China’s growth forecast raised The country’s economy is projected to expand by 5.3% next year, according to a macroeconomic research agency China’s growth forecast raised The Chinese economy is expected to grow by 5.3% this year as the property sector recovers and external demand improves, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday. In its latest report, the Singapore-based group noted that stabilization in China’s property sector along with ongoing policy support will boost real estate investment and drive growth in the ASEAN+3 region, which consists of Southeast Asian nations plus Japan, China, and South Korea. ...