Summary:
[unable to retrieve full-text content]Undeterred by the strong Australian dollar, Chinese buyers are snapping up Australian wool after Beijing lifted this year’s wool import quota – a rare positive sign amid frayed relations between the two countries.The development sparked hopes in some quarters that it could signal the start of a recovery in relations, but some analysts have downplayed its broader significance, noting that China was just complying with the terms of the two countries’ free-trade agreement.In the year’s first…
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[unable to retrieve full-text content][unable to retrieve full-text content]Undeterred by the strong Australian dollar, Chinese buyers are snapping up Australian wool after Beijing lifted this year’s wool import quota – a rare positive sign amid frayed relations between the two countries.The development sparked hopes in some quarters that it could signal the start of a recovery in relations, but some analysts have downplayed its broader significance, noting that China was just complying with the terms of the two countries’ free-trade agreement.In the year’s first…
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Su-Lin Tan considers the following as important:
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Undeterred by the strong Australian dollar, Chinese buyers are snapping up Australian wool after Beijing lifted this year’s wool import quota – a rare positive sign amid frayed relations between the two countries.The development sparked hopes in some quarters that it could signal the start of a recovery in relations, but some analysts have downplayed its broader significance, noting that China was just complying with the terms of the two countries’ free-trade agreement.In the year’s first…