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No winners in China-Australia trade war

From asiatimes.com

As Australian producers scramble to find markets for goods hit by Chinese import restrictions, it might look as though China is winning the diplomatic war. But the current situation is a diplomacy fail for China as much as for Australia. In recent months, China has imposed restrictions on an array of Australian imports including lobsters, beef and timber as part of a deteriorating relationship summarised in a list of grievances against Australia. This has hurt some Australian products, such as wine and barley, which have struggled to find equally lucrative markets. However, some others such as wheat have found new ... (full story)

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