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products like coal and timber, but in not all restrictions have been restricted. some remain on items like lobster and wine. i spoke to clive russell, who explains what s changed between beijing and canberra. the centreleft labor government was replacing the right wing government. that allowed a reset of relations between beijing and canberra which had been rocky. there had not been benefit for other party from the action china took. it cost china a lot of money to buy coal and barley from other places, so it wasn t really a win for them and it didn t hurt australia as far as australia s miners were
in other products like coal and timber but not all restrictions have been lifted. some still remain on items like lobster and wine. earlier, i spoke to clive russell, an economist who explains what has changed. i explains what has changed. 1 think the major change was first a political one, australia had an election last year and the centre left labour government was elected replacing the more right wing liberal national coalition government which allowed a resumption of relations between beijing and canberra which had been rocky. it was also a creeping realisation that there hadn t been any benefit to either party from the trade action that china took, certainly of cost china a lot of money to, to buy .barley from other places, and coal as well, and it wasn t really a win for them and didn t really hurt australia so far as australian miners are .barley producers were able to find
since the prices above coal and barley more. since the prices above coal and barley more- barley more. clive russell speaking barley more. clive russell speaking to barley more. clive russell speaking to me. barley more. clive russell speaking to me. one - barley more. clive russell speaking to me. one of i barley more. clive russell. speaking to me. one of the world s biggest companies saudi aramco is do to report its reports later. echoing the trend across big oil. that s because we saw fossil fuel prices weekend, but that has been increasing, especially after production cuts by both saudi arabia and russia. we re also looking ahead to a few data points. japan will soon release the rate is reading on household spending for the month ofjuly. we ll see if the consumer prices were having an impact. china s economy is in
but in not all restrictions have been restricted. some remain on items like lobster and wine. i spoke to clive russell, who explains what s changed between beijing and the changed between bei ing and the centreleft changed between beijing and lie: centreleft labour government was replacing the right wing government. that allowed a reset of relations between beijing and camera, which had been rocky. there had not been benefit for other party from the action china took. it cost china a lot of money, so it wasn t really a win for them and it didn t hurt australia as far as australia s miners were able to find alternate markets and didn t suffer that much at all. ~ ., ., ., ,
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