'It's not good news': Victorian timber exports to China halted

Chinese bans on timber from Queensland have now been extended to Victoria. CREDIT:ANDREW QUILTY

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Chinese authorities have suspended timber exports from Victoria in the latest escalation of tensions between Australia and its biggest trading partner, raising fears of local job losses.

The trade block comes after reports of curbs being placed on Australian exports of lobster, barley, wine, copper and coal destined for China, although Chinese authorities have not officially confirmed the restrictions.

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Source: The Sidney Morning Herald (Australia)

 

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