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Monday, 28 Dec 2020 07:57 AM MYT
Australia s rock lobster exports are worth US$500 million a year. In normal times, 94 per cent of them go to China. AFP pic
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FREMANTLE, Dec 28 Even in the scorching Australian summer sun, long queues of customers snake around Fremantle harbour a soothing sight for beleaguered local fishermen trying to replace lost business with China.
Australia s rock lobster exports are worth half a billion US dollars (RM2.03 billion) a year and in normal times, 94 per cent of them go to China.
But all that changed a few weeks ago, when Beijing imposed a near-total import ban on lobster, part of a broader politically charged “shadow trade war.”