China is hitting Australian exports - barley, overnight $1 billion trade gone, now beef abattoirs exporting to China is suspended and exports stopped, wine is next, China is starting an investigation. wine export is $1.4 billion, that will reduce significantly. treasury wine huge impact coming. all the dairy companies and infant formula from Australia are worried China will take action. what do you think will happen to the infant formula companies if China bans Australian manufactured? this is finding alternative pathway whether it succeeds or not. diversifying into vitamins, again might or might not succeed. but if China bans dairy,end of bubs and oli6 and other infant formula brands without diversification as they are so reliant on China.
BUB Price at posting:
91.5¢ Sentiment: None Disclosure: Not Held
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