Business
Australia’s diplomatic divorce with China is getting more expensive – Sydney Morning Herald
Recent Australian government attempts to seek retribution against China’s trade bans and restrictions are looking increasingly like own goals.
The 74 vessels holding Australian coal are still floating off Chinese ports, as Beijing refuses to blink and Australian producers have no option but to redirect this inventory to alternative, but less lucrative, markets.
Thus Australia’s coal producers have become collateral damage in a diplomatic war between the two countries that has turned into a slugfest.
For the past year China’s bans and restrictions on numerous Australian products and commodities, including barley, wine and lobsters have…
-
Noosa News19 hours agoBrisbane vs Collingwood live blog: Richmond selects Noah Balta as unbeaten Lions prepare for Magpies test
-
General18 hours agoNT Coalition candidate Lisa Siebert diverges from Jacinta Nampijinpa Price on royal commission call
-
General20 hours agoCanberra man named as doctor accused of rape after suppression order lifted
-
Noosa News22 hours agoAustralians tell ABC’s Your Say how they saw the second leaders debate