Sunday, November 8, 2020

Zero Hedge Australia On Edge Over "Deeply Troubling" Reports China Placed Import Bans On 7 Commodities

Australia says it's continuing to monitor what top officials have said are "deeply troubling" signs that China is actively initiating trade disruptions as retaliation amid downward spiraling relations between the two major trade partners.

Since last week regional reports have said Chinese buyers were warned by Beijing not to purchase seven categories of Australian goods, which has set Canberra and firms across the continent on edge given China is recipient of nearly one-third of all Australian exports....
Zero Hedge
Australia On Edge Over "Deeply Troubling" Reports China Placed Import Bans On 7 Commodities
Tyler Durden

1 comment:

Matt Franko said...

If the AUS QE starts to soon collapse risk asset prices over there they are going to blame this trade thing...