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China-Australia relations: Beijing’s new wool import quota no ‘real improvement’ in trade ties with Canberra

Summary:
[unable to retrieve full-text content]Beijing’s decision to raise the import quota for Australian wool next year does not signify a thaw in relations between the two countries, only that China relies on the fibre too much to let it become the “victim of trade tension”.Beijing set its 2022 import quota for Australian wool at 40,203 tonnes, up from 38,288 tonnes a year earlier, according to a statement from the Ministry of Commerce on Wednesday.It is the second time China has boosted the import allowance for Australian wool since…

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[unable to retrieve full-text content]
Beijing’s decision to raise the import quota for Australian wool next year does not signify a thaw in relations between the two countries, only that China relies on the fibre too much to let it become the “victim of trade tension”.Beijing set its 2022 import quota for Australian wool at 40,203 tonnes, up from 38,288 tonnes a year earlier, according to a statement from the Ministry of Commerce on Wednesday.It is the second time China has boosted the import allowance for Australian wool since…
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