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Top News In வர்த்தகம் அமைச்சர் சிமோன் பர்மிங்காம் Today - Breaking & Trending Today

Beijing has slashed Australian wheat imports to a near decade low amid trade war

Customs data showed China imported 880 tonnes of Aussie wheat last month
Figure is lowest since 2011 despite a boom in Australian agricultural production
Comes amid punitive tariffs imposed by Chinese officials on Australian produce
Relations deteriorated since Australia called for inquiry into origins of pandemic
China has dramatically slashed how much wheat it imports from Australia to a nine-year low amid a worsening trade war between Beijing and Canberra.
Customs data shows the Asian superpower bought only 880 tonnes of wheat from Australia last month - the lowest November total since 2011.
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The slowdown was despite the federal government forecasting Australian farmers will double their production this summer compared to the same time last year. ....

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Australia poised to fight back against Chinese trade war

Political figureheads in Canberra are considering axing a long standing research agreement with China. ....

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Australia is Taking China to Task in the WTO. But it Won't Be an Easy Win

China has this year taken punitive action against imports of Australian coal, wine, beef, lobster and barley.
It is the five-year 80.5% barley tariff China imposed in May that Australia will take to the World Trade Organisation. More than half of all Australian barley exports in 2019 were sold to China, worth about A$600 million a year to Australian farmers.
Chinese authorities began an anti-dumping investigation into Australian barley in November 2018. Anti-dumping trade rules are meant to protect local producers from unfair competition from “dumped” imported goods.
Dumping occurs where a firm sells goods in an overseas market at a price lower than the normal value of the goods. China calculated the normal value of barley using “best information available” on the grounds that Australian producers and exporters failed to provide all information Chinese investigators requested. ....

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Why a flight of 150 fruit pickers could turn the tables in Australia's trade war with China

Australia s decision to fly 150 fruit pickers from East Timor to Tasmania may have inadvertently evended the playing field in its ongoing trade war with China.
The East Timor nationals arrived Down Under earlier this month on a special charter plane to work for Aussie farmers picking berries amid a worker shortage.
The program has improved relations between Australia and the Southeast Asian nation, which sits 600km off the coast of the Northern Territory.
ANU s National Security College Timor expert Andrea Fahey said the pandemic is ironically behind the boosted relationship between the two nations - and that it could help to re-balance China s dominance in the Pacific. ....

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Australian News | Nation | The Australian

Australian News | Nation | The Australian
theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.

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