China-Australia relations: China turns to US coal to fill void created by Australia import ban, offers trade deal boost- China unofficially blocked Australian coal in October, and imports have dropped to zero since December, while the US sold nearly 300,000 tonnes of coking coal to China in February
- China agreed to buy an additional US$52.4 billion worth of energy products from the US over two years as agreed as part of the phase one trade deal signed in January last year
China unofficially blocked Australian coal imports in October amid a year-long political conflict, leaving many vessels stranded off its coast, before switching to imports from the US, South Africa and Colombia having previously relied on the likes of Indonesia, Russia, Mongolia and Australia. Photo: AFP
Coking coal exports from the United States have filled some of the void created in China by its unofficial ban on Australian exports of the commodity over the past five months as trade manipulation creates “
winners and losers”, economists said.
China blocked Australian coal imports in October amid a year-long political conflict, leaving many vessels stranded off its coast, before increasing imports from the US, South Africa and Colombia having previously relied mainly on the likes of Indonesia, Russia, Mongolia and Australia. Since the ban on Australia, China’s main coal suppliers have increased or maintained their exports to China.
And while only representing a small fraction of Australia’s pre-ban coal exports to China, the US sold nearly 300,000 tonnes of coking coal used in steel production to China in February from nearly zero in October, China customs data showed.
Losers from this ban australia.
All these $ shifted back to aussies overlords and masters, america. China simply filled that as part of the trade war, easy af. Pawns like aus taken for a ride, so dumb they thought americans r on their side
