Imports of these goods to China and Korea from Australia have grown much more quickly than their total imports. Australia has been increasing its exports of manufactures into Asia as well, particularly to China, but this is from a very small base.
The headwinds generated by the global financial crisis are still being felt and on both sides of the Atlantic a rethinking of old certainties is underway. In such a situation, it is crucial to exchange ideas, re-examine the perceptions we have of ourselves and of one another and foster mutual understanding.