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Gold Prices Hit Record Highs What s Behind the Surge? | Chicago News

Gold Prices Hit Record Highs What s Behind the Surge? | Chicago News
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Australia-China trade: Deeply troubled by reports of Beijing coal restrictions, says Trade Minister

Australia-China trade: Deeply troubled by reports of Beijing coal restrictions, says Trade Minister CNN 12/16/2020 By Jill Disis, CNN Business © David Gray/Bloomberg/Getty Images A bucket-wheel reclaimer stands next to a pile of coal at the Port of Newcastle in Newcastle, New South Wales, Australia, on Monday, Oct. 12, 2020. Prime Minister Scott Morrison warned last month that if power generators don t commit to building 1,000 megawatts of gas-fired generation capacity by April to replace a coal plant set to close in 2023, the pro fossil-fuel government would do so itself. Photographer: David Gray/Bloomberg via Getty Images The trade fight between China and Australia appears to be escalating, with Beijing reportedly placing new restrictions on imports of Australian coal.

New south walesRepublic ofPort of newcastleSouth koreaScott morrisonWang wenbinDavid gray bloombergSean langcakeDavid gray bloomberg gettyNational developmentReform commissionChina ministry of foreign affairsAustralia radio nationalMinister scott morrisonGetty imagesTrade minister simon birmingham