Original article by Patrick Commins
The Australian – Page: 2 : 26-Jul-23

Prime Minister Anthony Albanese remains under pressure to postpone a proposed official visit to China amid ongoing trade tensions. Warwick Smith from the Business Council of Australia says China’s trade sanctions are an "endless point of contention" that must be addressed before Albanese considers visiting China. Smith says the Productivity Commission’s recent finding that the trade restrictions had resulted in little impact on the Australian economy shows that China’s stance had been a "political own-goal"; however, he notes that individual companies had been heavily impacted by the sanctions. The wine industry in particular has found it hard to secure alternative export markets.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, BUSINESS COUNCIL OF AUSTRALIA