Original article by Perry Williams, Glenda Korporaal
The Australian – Page: 1 & 2 : 22-Feb-19
The Australian dollar fell by more than one per cent on 21 February following reports that China has imposed an indefinite ban on thermal coal exports from Australia entering five ports in northern China. Trade Minister Simon Birmingham has asked Australia’ s ambassador in Beijing, Jan Adams, to investigate the apparent ban. Australia exported around $2.1 billion worth of thermal coal to the five ports in 2018. It has been suggested that China’s action could be linked to Australia’s ban on technology company Huawei.
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, MINERALS COUNCIL OF AUSTRALIA