Australia Mining

Australia Mining

China buys more from Australia despite rising tension
Every Tuesday and Thursday, Inkstone Index features one important number about China to give you insight into the rising power. 7%: The increase in Chinese imports from Australia in June.  China is importing more goods from Australia despite rising diplomatic tensions between the countries. The rise in Chinese import of Australian materials crucial for China’s infrastructure projects made up for drops in other products Australia exports to China. In May, Beijing slapped tariffs on Australian barley and suspended imports of Australian beef from four producers. The tariffs came after Australia called for an independent probe into the origin of the coronavirus in April, leading some to speculat