Caixin
Nov 22, 2022 05:20 AM
ECONOMY

China Buying More Australian Wheat Than Ever Despite Trade Tensions

China’s imports of Australian wheat more than doubled to 4.97 million tons in January through October from a year earlier.
China’s imports of Australian wheat more than doubled to 4.97 million tons in January through October from a year earlier.

(Bloomberg) — China is buying more Australian wheat than ever before even after diplomatic relations between the two countries frayed in recent years.

Australian shipments accounted for 63% of China’s wheat imports in the first 10 months of the year, compared with 28% over the whole of 2021 and just 15% the year before, according to Chinese customs data and Bloomberg calculations.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code