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Australasia, News

Chinese businesses consider alternative wool sources to reduce Australia dependency – Global Times

SHANGHAI, April 1 (Reuters) – — Source link: https://bit.ly/2Pn9I3f — Businesses in China are looking at alternative import sources of wool to reduce dependency on Australian shipments, after the souring of bilateral trade between the two countries and pandemic induced logistics disruptions, the state-backed Global Times reported. — Citing industry sources, the paper said that wool from New Zealand and Kazakhstan could expand Chinese market share.

— Note: Reuters has not verified this story and does not vouch for its accuracy


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