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The World’s Most China-Reliant Economy Reels From Virus Shockwaves

A shipment of honey illustrates how quickly the scales have turned. In December, wellness and nutrition group Eve Investments struck its first deal with a Chinese distributor for organic honey from its Meluka Australia brand. The shipping container holding that order of more than 21,000 units from its property outside Ballina on the New South Wales north coast is now being held up on the docks in Sydney, awaiting clearance from its destination port in Shanghai.

“The biggest issue at the moment is one of logistics. With some of the ports sending people home, it does complicate getting product in there in a timely manner,” said Managing Director Bill Fry.
For now — like many Australian businesspeople — Fry remains fixed on the massive dividends a country of 25 million can reap by tapping into the demand of 1.4 billion people. Longer term, the virus could drive demand for Meluka honey as people turn to products with medicinal value “to try and boost their immune systems,” Fry said.

https://www.bloomberg.com/news/feat...act-hits-australia-most-china-reliant-economy

Long term THC and our partner EVE will benefit as people turn to products with medical value.

GLTAH
DYOR