Business
Exports to China fall, as Australia pushes for coal explanation – Sydney Morning Herald
The value of Australian exports to China fell by more than 5 per cent in the year to September despite China’s global imports surging.
China’s Customs Department did not state there was a ban on Australian coal on Tuesday but said it would “further strengthen import supervision” on Australian exports.
Chinese commodities site MySteel said many importers had already hit their quotas for this year but traders had been notified at a confidential coal import conference at the end of September that they would need to consider their import volume for 2021, signalling further restrictions could be on the horizon.
The quotas are targ…
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