As soon as China did, the United States took the opportunity to seize the Australian business

category:Finance
 As soon as China did, the United States took the opportunity to seize the Australian business


Mr Agapi said China was likely to buy more products as it sought to replenish inventories and reserves. Theres more room for suppliers to get orders, and its not just a game for the United States to participate in, he explained. China does not rely on wheat and barley from Australia. Instead, Australia needs Chinas market more.

Agapi said the growing domestic demand for feed in China was a good sign for Australian farmers. Australian farmers have just emerged from three consecutive years of drought, and with the increase in crop yields, their products are cheaper and more competitive, and they are in a very favorable competitive opportunity..

However, in May this year, China imposed high import tariffs on Australian barley, causing the crop to be squeezed out of the Chinese market. At the end of November, China implemented temporary anti-dumping measures against Australian wine, which further widened the trade disputes between the two countries. Australia has to find other buyers for these goods, some of which are already at sea and on their way to China, Agapi said of the additional tariffs on Australian barley. If China suddenly decides to stop importing and your export market is not diversified, then exports will suddenly run aground. Agapi said this does not necessarily mean there are no other buyers of Australian barley. Australias barley and wheat are historically very competitive in Indonesia, the Philippines, Southeast Asia and even the Middle East. You can always find buyers, Agapi said. Essentially, its a price issue. What is Australias position among the US allies? Source: Chen Hequn, editor in charge of the Global Times_ NB12679

However, in May this year, China imposed high import tariffs on Australian barley, causing the crop to be squeezed out of the Chinese market. At the end of November, China implemented temporary anti-dumping measures against Australian wine, which further widened the trade disputes between the two countries.

Australia has to find other buyers for these goods, some of which are already at sea and on their way to China, Agapi said of the additional tariffs on Australian barley. If China suddenly decides to stop importing and your export market is not diversified, then exports will suddenly run aground.

Agapi said this does not necessarily mean there are no other buyers of Australian barley. Australias barley and wheat are historically very competitive in Indonesia, the Philippines, Southeast Asia and even the Middle East.

You can always find buyers, Agapi said. Essentially, its a price issue.

What is Australias position among US allies