China-Australia relations: ban on US$400 million Australian wheat imports looms

 China is expected to ban imports of Australian wheat, putting a A$560 million (US$394 million) trade in doubt, with the grain the latest to join a list of new blocks on Australian products, according to industry sources.

From Friday, barley, sugar, red wine, timber, coal, lobster, copper ore and copper concentrates from Australia, are expected to be barred from China even if the goods have been paid for and have arrived at ports. The ban on wheat is likely to follow, although a date has not yet been set, sources said.


Read more:  https://www.scmp.com/economy/china-economy/article/3108176/china-australia-relations-ban-us400-million-australian-wheat 



Comments

Popular posts from this blog

9 Top Dermatologists Reveal Their Skin-Care Routines

17 Tips If You're Doing Your Own Wedding-Day Makeup

Top ten skin care tips for glowing skin