China's economic downturn leads to lower Aussie market prices, impacting a2 Milk's profit growth.

China's economic downturn is negatively affecting Australia, with cheap steel imports from China causing a drop in Australian market prices. The fallout extends beyond commodities, with infant milk formula supplier a2 Milk experiencing lower profit growth. China's shrinking population and property market collapse exacerbate the situation, and the government's proposed reforms continue to prioritise a high-level socialist market economic system.

August 24, 2024
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