https://mundo.sputniknews.com/20210426/china-lanza-una-guerra-de-uvas-contra-australia-1111559025.html
China launches a ‘grape war’ against Australia
China launches a ‘grape war’ against Australia
China has activated a strict control on imports of Australian grapes. According to the Global Times, the initiative has not only phytosanitary reasons … 04.26.2021, Sputnik Mundo
2021-04-26T04:06+0000
2021-04-26T04:06+0000
2021-04-26T04:06+0000
australia
grapes
markets and finance
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Australian grapes and other fruits face inspections and customs delays in some ports in China, reports this local outlet. According to Reuters, around 400-500 containers of grapes are taking five to 10 days longer than normal to be unloaded. According to the Global Times, Chinese importers are already moving to reduce the share of Australian fruit due to declines. gains and worsening bilateral ties while increasing imports from New Zealand and Thailand. Reports of such delays came after Canberra used an anti-China law to break agreements signed between the state of Victoria and China with regarding the Belt and Road Initiative. China has promised to take countermeasures in this regard, but has not officially announced any yet, and it does not just affect grapes. Reuters reports that China is also decreasing imports of barley, beef, cotton and shellfish from Australia. China is the largest market for Australian grapes, with about 41.3% of the total, followed by Indonesia and Japan with 8.8%. and 7.5%, respectively, according to the Australian Table Grape Association Deteriorating relations between China and Australia has caused concern among Australian companies, says Song Wei, research associate at the Chinese Academy of International Trade and Economic Cooperation. “Companies from both countries have negative expectations for Sino-Australian economic and trade cooperation. Not only will Australian grape exporters take it seriously, Chinese investors will also actively seek alternative markets, which will directly affect direct investment from China in Australia, “predicts Song.
https://mundo.sputniknews.com/20210406/china-quiere-meterse-en-africa-para-no-ser-tan-dependiente-del-hierro-australiano–1110839559.html
https://mundo.sputniknews.com/20201230/la-economia-de-australia-nunca-volvera-a-crecer-tras-su-disputa-comercial-con-china-1093984813.html
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australia, grapes, markets and finance, china
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China has activated a strict control on imports of Australian grapes. According to the Global Times, the initiative has not only phytosanitary reasons, but also political ones.
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Australian grapes and other fruits face inspections and customs delays in some ports in China, reports this local outlet. According to Reuters, around 400-500 containers of grapes are taking five to 10 days longer than normal to be unloaded.
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Reports of such delays came after Canberra used an anti-China law to break agreements signed between the state of Victoria and China regarding the Belt and Road Initiative. China has promised to take countermeasures in this regard, but has yet to officially announce any.
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And it doesn’t just affect the grape. Reuters reports that China is also decreasing imports of barley, beef, cotton and shellfish from Australia.
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China is the largest market for Australian grapes, with about 41.3% of the total, followed by Indonesia and Japan with 8.8% and 7.5%, respectively, according to the Australian Table Grape Association.
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December 30, 2020, 03:51 GMT
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The deterioration in Sino-Australian relations has caused concern among Australian companies, says Song Wei, a research associate at the Chinese Academy of International Trade and Economic Cooperation.
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“Companies from both countries have negative expectations for Sino-Australian economic and trade cooperation. Not only will Australian grape exporters take it seriously, Chinese investors will also actively seek alternative markets, which will directly affect China’s direct investment. in Australia, “predicts Song.
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