Australian exporters rekindle China ties amid diplomatic thaw


Source: reuters.com reuters.com

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[1/2] Bottles of wine sit on racks inside the cellar door tasting room at Petersons Wines, November 14, 2021. REUTERS/Loren Elliott SYDNEY, Feb 27 (Reuters) - Two and a half years after Chinese trade restrictions hit Australian products from coal to wine, a diplomatic thaw between Beijing and Canberra has raised hopes for a revival of exports and spurred businesses to take steps to rebuild ties. First imposed by China in 2020 after years of disputes over Huawei, espionage and COVID, a raft of official and unofficial "trade blockages" worth roughly A$20 billion ($14 billion) are showing signs of loosening...