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Impact of China sanctions ‘limited’: study



The impact of myriad Chinese trade sanctions on Australian goods in the past year has been “quite limited”, with most exporters managing to find other markets, according to a new report.

China has targeted Australian beef, barley, coal, copper, cotton, seafood, sugar, timber and wine.

Before the sanctions, these exports were worth about $25 billion in 2019, or 1.3 per cent of gross domestic product.

As of the end of January, the value of these exports to China had dropped to about $5 billion a year, the analysis by Lowy Institute chief economist Roland Rajah shows.

But most exporters — barring wine and beef producers — appear to have managed to shift their goods to markets other than China.

“Looking at exports of barley,…

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