China may put restrictions on iron ore imports from Australia
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Update time : 2020-06-17 12:29:22
According to reports, since the conflict between China and Australia now continued escalating, it was possible that China might put restrictions on the iron ore imports from Australia.
It was said that China depended quite a lot on Australian iron ore, and the country wouldn't reduce the importation from Australia. In fact, China was able to afford more expenses to find replacements from either domestic mines or mines in Brazil and Africa. However, as for Australia, it would be much more difficult to find another large buyer like China.
A good thing was that currently the conflict between the two countries hasn’t been aggravated to that far.
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