Topics
Top stories from Australia's leading business and finance publication, including Caixin's picks of the most important Sino-Australia news.

Explosives-Maker Orica Hammered by Pandemic, Sour Australia-China Relations
India has taken some of the coal rejected by China but the devastating Covid-19 outbreak on the subcontinent might curb its appetite for the Australian export

China Drops Animal Testing Requirement for Most Imported Cosmetics
Change could be a boon for ‘cruelty free’ and vegan skincare companies eyeing China’s $65 billion beauty market

Australian Wine Brand Penfolds’ Owner Axes 60 Jobs in China
The move comes in the wake of the tariffs as high as 212% that the Chinese government imposed on Australian wine producers late last year

Australian Exports to China Drop 8% as Iron Ore Purchases Slashed
Cereal exports also declined by 77% and meat exports fell by 41%

Australian Wine Holds Up Even as Chinese Tariffs Bite
China remained the industry’s biggest market in 2020, but exports plunged after the levy of up to 212% was imposed in December

China Back in the Mix for Australian LNG Producer Woodside
Biden has signalled little to ease the diplomatic tension, meaning it is unlikely a lot of U.S. gas will head in that direction

China’s Shandong Gold Snares Australian Miner After Bidding War
State-owned company fends off last-minute challenge from an Emirati-Russian competitor to secure a 50% stake in Perth-based Cardinal Resources

China Trade Bans Spread to Big Australian Lamb Exporters
Country is refusing to accept mutton from two companies after they were closed for short periods due to Covid-19 outbreaks

Citic Battles Australian Billionaire Over Mining Rights
The dispute over the rights to a billion tons of ore will come to a head in a trial down under starting Monday

U.K. Teams Up With Japan’s NEC to Bypass Huawei
Trials in Wales will look to get a neutral 5G platform that can interchangeably use different companies’ equipment up and running next year

Australian Wine Hit by Tariffs in Latest Salvo in China Trade War
Chinese notice suggests winemakers face tariffs of between 107.1% and 212.1%.

Major Australian Miner Says China Pushing Back Coal Shipments to January
Some in the industry have blamed political tensions for declining shipments, but New Hope indicates volume limits may be reason

Sino-Australian Diplomatic Ruckus Hits Gas Project Sale by Australia Energy Major
Until now, gas has appeared to escape any impact of the worsening crisis, which has so far affected trade in coal, wine, barley and other commodities

Critical Mineral Developers Banking on Biden Green Energy Shift
Democratic candidate supports developing domestic supply chain to reduce reliance on China

Russians at War With China Over Aussie Gold Company
Two sides eager to get hold of Cardinal’s promising project in northeast Ghana