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China is targeting Australian industry with sanctions – Illinoisnewstoday.com

China is targeting Australian industry with sanctions – Illinoisnewstoday.com

Beijing [China], July 9 (ANI): China economizes several Australian industries as part of punishment for Canberra’s criticism of Beijing blocking investigations into the cause of the COVID-19 pandemic and Huawei Technologies’ restrictions I imposed sanctions. According to ABC News, Chinese officials publicly declared on Wednesday that Beijing had elected Australia for economic punishment, saying the

Beijing [China], July 9 (ANI): China economizes several Australian industries as part of punishment for Canberra’s criticism of Beijing blocking investigations into the cause of the COVID-19 pandemic and Huawei Technologies’ restrictions I imposed sanctions.

According to ABC News, Chinese officials publicly declared on Wednesday that Beijing had elected Australia for economic punishment, saying the federal government could not benefit from China while it was “dirty”. It was.

The Chinese government has imposed economic sanctions on some Australian industries, imposed high tariffs on Australian barley and wine exports, and imposed barriers on several other products such as timber, lobster and coal. It was.

However, it usually does not assemble these decisions as an act of political retaliation.

For example, Beijing claimed to have targeted Australian wines because they had been “discarded” of Australian wines at unreasonable prices, but after Chinese authorities raised biosecurity and labeling issues, other Australian products. Was blocked by customs, ABC News reported.

Australian officials have long ridiculed these allegations, saying Beijing has plausible deniability veneers in its economic punishment campaign.

Zhao Lijian, a spokesman for the Chinese Foreign Ministry, stopped pretending to be on Tuesday evening.

When asked about Australia’s declining agricultural exports to China, Zhao revealed that Beijing had deliberately targeted Australian commodities, ABC News reported.

“Mutual respect is the foundation and protection of practical cooperation between countries,” he said.

“We blame, defile, and undermine China’s core interests on an ideological basis, while not allowing any country to benefit from dealings with China.” Zhao He also declared that Australia was being punished for trying to attack China on behalf of China. The United States has suggested that US farmers are big winners of Chinese tariffs on Australian goods.

“When one country behaves like a cat’s paw in another, it’s the people who pay for the wrong government policies,” he said.

Federal Treasury Secretary Josh Frydenberg did not comment directly on Zhao’s remarks, but said Australia was dealing with “more aggressive” China.

He also pointed out that Australia still earns huge income from iron ore exports to China, ABC News reported.

“They don’t keep secret the fact that some of our exports haven’t reached China,” he told Canberra reporters.

“But it’s our iron ore heading to China because they need it most, and the price of iron ore is record high, and it provides a fair amount of income.” China The rift between Australia and Australia deepened in 2021. The turmoil of 2020, with high levels of diplomatic freezes and a rapidly growing controversy over trade, foreign intervention, Chinese investment, the outbreak of COVID-19, and human rights abuses in China.

Australia also took China to the WTO over tariffs on barley and wine.

Last month, Frances Adamson, a retired secretary of the Department of Foreign Affairs and Trade, said China was “suffering from anxiety” and said it had decided to publish a list of “14 complaints” about Australia as a “mass own goal.” ABC News reported.

China imposes disciplinary trade restrictions on Australian coal, barley, meat and wine, but spends more on Australian imports than ever before. (ANI)

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