/CHINA: Re: the recent souring of.........>

AUSTRALIA: /CHINA: Re: the recent souring of Sino-Australia trade relations in

recent days, it is worth flagging a couple of points from ABC articles over the

last 2 days:

- On the barley tariff front: "the tariffs, which grain groups said could total

up to 80 per cent, threaten the viability of the A$1.5 billion barley trade into

China. About 88 per cent of Australia's barley exports to China come from

Western Australia, and some growers in that state were now changing their

cropping plans mid-way through seeding."

- On the beef front: "one analyst has told the ABC the four meat works represent

35 per cent of beef exports to China, a trade that had been on track to reach

A$3.5 billion this year."

- So that would effect a ballpark A$5.0bn worth of exports.

- N.B. Australian exports totalled A$491.787bn (in SA terms) on a 12-month

rolling basis through March, just for scale in annual terms.