China Cuts Australian Beef Imports in Retaliation for COVID-19 Probe

China Cuts Australian Beef Imports in Retaliation for COVID-19 Probe

May 5, 2020 – In an attempt to squash the Australian probe into the Chinese COVID-19, China has suspended imports from four major Australian beef suppliers.

These Chinese bullying tactics are not being effective as of yet.



International Business Times reported the following

China suspended imports from four major Australian beef suppliers Tuesday, just weeks after Beijing’s ambassador warned of a consumer boycott in retaliation for Canberra’s push to probe the origins of the coronavirus.

Analysts said the move raised concerns of a possible standoff between Australia and its most important trading partner that could spill over into other crucial sectors as it struggles to navigate the disease-induced economic crisis.

Federal Trade Minister Simon Birmingham said shipments of meat from the abattoirs had been suspended over “minor technical” breaches related to Chinese health and labeling certificate requirements.

“We are concerned that the suspensions appear to be based on highly technical issues, which in some cases date back more than a year,” he added.

“We will work with industry and authorities in both Australia and China to seek to find a solution that allows these businesses to resume their normal operations as soon as possible.”

The four meatworks account for around 35 percent of Australia’s beef exports to China in a trade worth about Aus$1.7 billion (US$1.1 billion), according to national broadcaster ABC.

China has also flagged major tariffs on Australian barley over allegations it is selling the grain in China for less than it costs to produce is known as dumping. The Australian Financial Review cited confidential documents as saying Beijing is considering duties of 73.6 percent.

Two-thirds of Australia’s farm production is exported. Almost one-third of this, 28%, is exported to China, including 18% of total beef production and 49% of barley.
These numbers seem high, yet Australia has not changed its position to support a probe into the COVID-19 possible release and the pandemic which followed.
Tensions between the two have increased since Australia started calling for an independent investigation into the origin of the coronavirus outbreak, which began in China before spreading around the world, killing more than 280,000, infecting millions and shattering the global economy.

More nations in debt to China for infrastructure projects are requesting financial relief from the Chinese, but as of this writing, China has not agreed to any relief.

 

~~ Patriots Soapbox News is following this and other developments that may occur as they arise.

 

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Mark
Mark
3 months ago

Why does Australia do this? dumping // China has also flagged major tariffs on Australian barley over allegations it is selling the grain in China for less than it costs to produce is known as dumping.