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Saturday, May 16, 2020

Australian trade minister says 'risk' of trade with China may drive businesses to other markets

Australia reserves the right to take China to the WTO amid growing trade dispute, Simon Birmingham says

Simon Birmingham has warned China’s “unpredictable” trade interventions may force Australian producers to sell to other markets and diversification is to be encouraged given the “risk” of trade with China.

The trade minister told ABC’s Insiders on Sunday that Australia reserves its right to take China to the World Trade Organisation, and revealed he is still yet to hear back from his Chinese counterpart about the growing trade dispute. He said his call “ought to be returned”.

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source https://www.theguardian.com/australia-news/2020/may/17/australian-trade-minister-says-risk-of-trade-with-china-may-drive-businesses-to-other-markets

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