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.

(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.

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