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Latest Aussie goods in China s firing line

Australia s much-loved cherries have been lashed as inferior in taste and quality by Chinese state-owned media. The Global Times this week highlighted that Australia s share of cherries in the Chinese market had fallen, as buyers favour the Chilean fruit. The comments have given rise to concerns that the high-end product could be the next to suffer from trade tensions between Australia and China - which last year caused woes for seafood, red wine and beef industries. The criticism comes as China s foreign affairs spokesman Zhao Lijian accused Australia of politicising trade. The share of Australian cherries in Chinese market … has dropped due to the inferior quality of the product given the reserved seasonality, fruit traders are reported to have told the Global Times.

China-Australia relations: Canberra s plan to scrap research accord labelled act of revenge over trade dispute

China-Australia relations: Canberra’s plan to scrap research accord labelled ‘act of revenge’ over trade dispute Iron ore has yet to be dragged into the ongoing dispute between China and Australia. Photo: Reuters China has called Australia s plan to scrap a research agreement between the Victorian government and Jiangsu province an act of revenge over trade disruption that is fast threatening Australia s economic growth. As relations between the two countries continue to deteriorate, Australian press said earlier this week that Canberra was scrutinising the bilateral Victoria-Jiangsu Programme for Technology and Innovation Research and Development after it was identified as being potentially contrary to Australia s national interest.

Iron ore, a lever to pull Australia, China out of trade war

Iron ore, a lever to pull Australia, China out of trade war 2 minutes read By Rocío Otoya Sydney, Australia, Dec 30 (efe-epa).- Iron ore is pushing Australia and China, the world’s largest exporter and importer of the raw material, to reach an understanding despite escalating trade tensions between the two countries. Bilateral relations have strained throughout the year with several friction points, including import tariffs on several Australian products by China. Barley, wine, beef, and coal are some products directly or indirectly affected by the trade war with China. According to Australian experts, it is a retaliation against Canberra after it called for an international investigation into the origin of the Covid-19 pandemic, which first surfaced in the Chinese city of Wuhan.

China-Australia trade tension: How Beijing will derail Canberra in 2021

China-Australia trade tension: How Beijing will derail Canberra in 2021
news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.com.au Daily Mail and Mail on Sunday newspapers.

Australia s economy bounces back

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