The lecture talks about China, japan, US’s export business.
In the past, Australia was concerned about its geographical location, which may result in Australia being isolated from North America, UK, and later America.
Nevertheless, nowadays with the rise of Asian countries, especially China, Australia has become a great export country with a perfect location.
Currently, Japan is the largest exporting country to Australia, but China may become the largest one in the future.
Australia should take the advantage of China’s raise to develop its exports.