China halts Australian hay imports amid escalating trade row ...News

Russia Today - Economy
China halts Australian hay imports amid escalating trade row
source : Russia Today ( News ) () 8
Some 28 Australian hay exporters to China have failed to get their expired permits renewed since the end of February, ABC News reported, threatening the nation’s A$160 million (US$121 million) hay export market to China. According to the Global Times, citing its industry sources, China consumes about a million tons of hay a year, with 300,000 tons coming from Australia, which is its sole source of hay imports. The rest is provided by Chinese domestic producers. The report said that Beijing is looking at other options for this feed material, including increasing domestic production and looking at new sources of imports. China is also se

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