With tensions between China and Australia at an all time high, China have communicated the suspension of Australian products. The Foreign Trade Departments of China’s Ministry of Commerce told Chinese importers Australian wine, lobsters, sugar, coal, copper ore, barely and timber is no longer allowed from today onwards. If certain, the suspension of these products would cut the value of Australian exports to China by $6 billion dollars annually.
Zedlines Bulletin
China Suspends Major Australian Exports (5.33 MB)