AUST today (extract):
COAL SHIPMENT SIGNALS START OF END TO TRADE WAR
The first shipment of Australian coal to China in more than two years will arrive in South China’s Guangdong Province on Wednesday amid hopes Beijing’s long-running trade war against Australia will soon be resolved.
A second coal shipment is due to arrive in China by the end of the month, while federal government officials are also confident Beijing’s ban on Australian seafood has been lifted after Chinese authorities waved through an application for Chinese buyers to import Australian lobsters.
Trade Minister Don Farrell is due to visit China within weeks after a teleconference on Monday with Chinese counterpart Wang Wentao, in which the two agreed to work towards the “full resumption of trade” between the countries.
There is now growing confidence in Canberra that Beijing will lift its full complement of trade bans against Australia within months.
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