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How China's property crisis affects Australia | The Business | ABC News

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Australia's biggest trading partner is facing its biggest economic slowdown in decades. The Reserve Bank has warned stress in China's economy will be felt across the world, and could lead to a weaker Australian dollar and lower prices for commodities like iron ore. It comes as China's major property developers, such as Evergrande, appear to be on the brink of collapse again, with its founder and chairman Hui Ka Yan suspected of engaging in 'illegal activities'. Business reporter David Chau explains what's going on.
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