Federal Treasurer Josh Frydenberg says Australian businesses are keenly aware of the need to diversify trade away from China amid increasing strategic competition with the Chinese Communist Party (CCP). Frydenberg’s comments follow a speech he delivered last week, calling on Australian businesses to adopt a “China-plus” strategy, which would build on the strengths of existing trade links with China, and to engage other nations economically. “I think the business community is waking up to the fact that they do need to diversify their markets. They can’t have all their eggs in one basket, namely the China basket, that’s why I talk about China plus,” he told Sky News Australia on Sept. 12. “And it is really businesses and governments that encourage this diversifying of markets and diversifying of supply chains as well.” “There’s an increasing overlap between what our economic policies and economic interests, and our national security policies and …