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Australia says it’s ready to talk to China about their trade dispute

Australia says it’s ready to talk to China about their trade dispute


PUBLISHED FRI, OCT 16 2020 1:25 AM EDT
Saheli Roy Choudhury
@SAHELIRC


KEY POINTS
Two Australian cotton industry groups said that China has started discouraging its spinning mills from using cotton imported from Down Under.
Cotton is the latest agricultural product getting caught in the middle of tensions between Beijing and Canberra after the latter supported a growing call earlier this year for an international inquiry into China’s handling of the coronavirus pandemic.
China took a number of measures against Australian exporters in 2020: that incudes anti-dumping and anti-subsidy duties on Australian barley and reportedly giving state-owned utilities and steel mills verbal notice to stop importing Australian coal.

SINGAPORE — Australia wants dialogue with China to resolve their trade dispute and clear up any misunderstandings with its largest trading partner, Australian agriculture minister David Littleproud told CNBC Friday.

Two Australian cotton industry groups said China has started discouraging its spinning mills from using cotton imported from Down Under.


“It has become clear to our industry that the National Development Reform Commission in China has recently been discouraging their country’s spinning mills from using Australian cotton,” Adam Kay, CEO of Cotton Australia, and Michael O’Rielley, chair of Australian Cotton Shippers Association, said in a statement.

China’s Ministry of Commerce has yet to officially respond.

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Harvey Yan

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