The shift comes as Australia’s wine sales to China have plunged in the wake of an ongoing rift between them.
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As more places reopened and people got COVID-19 jabs, consumers confidently spent money at restaurants and stores.
The IMF warns of global economic recovery where ‘the poor get poorer and social unrest and geopolitical tensions grow’.
Main US stock indexes gained on Thursday on blockbuster GDP numbers and ahead of tech giant earnings results.