Earn Chinese money and smash China's pot!The Australian side also wants to sell coal to China, but China will not buy anymore
Author:Kim Can Rong Channel Time:2022.07.02
Author: Battle Law Express
According to US Consumer News and Commercial Channel (CNBC) recently reported that data show that China has cleaned up the backlog of Australia imported coal inventory. However, analysts pointed out that even if China -Australia relations have improved, China is unlikely to buy more Australian coal in the short term due to sufficient coal inventory and decline in demand. CNBC reports that after the deterioration of the Australian relations in 2020, China has not further imported Australian coal, which at the same time has led to some coal inventory that was transported to China to cause retention and backlogs. In 2021, due to coal supply and other reasons, China once had a problem of restrictions on power outages, and the remaining Australian coal began to be cleaned. The cleanup work has been completed.
After China cleared Australian coal inventory, Australia stated that they were still willing to export coal to China. Obviously, Australia is unwilling to abandon China's huge market. After all, Australian mineral resources are rich and are the world's largest coal exporter. Coal was the third largest export product to China in Australia. In 2019, its trade value exceeded 14 billion AUD $ 163.8 billion). But since it has continued to discredit China, the coal trade of the two sides has dropped to freezing. Although Australia is also actively looking for new buyers internationally, it is not easy to find a country like a large market like China. Now that China has cleaned up the inventory, Australia is convenient for the opportunity to come, so I want to export.
In this regard, China did not hesitate at all, and expressed his rejection. Not to mention that our demand for coal is declining, and a large amount of coal is needed. China has also found alternatives. For example, it is purchased from Indonesia and Mongolia, and it is possible to buy coal from Colombia, South Africa and Russia. Therefore, Australia's coal is not a necessity for China. China's coal that leaves Australia can still find sellers from the world to ensure its domestic needs. Recently, Australia has repeatedly released goodwill to China, and has also had related talks with China. It is estimated that I want to restore relevant trade, but China has a good understanding of Australia. Knowing that this one is always a set of mouth, there is another set behind it. Therefore, the Chinese side gave Australia -related warns, that is, if you want to ease the relationship, you must take out actual actions. It is useless to play with your mouth.
Australia is purely moving with stones to smash its own feet. The trade between China and Australia was extremely frequent. The cooperation model of the two countries can be said to be mutually beneficial and win -win, which has promoted the economic development and progress of the two countries. However, Australia does not know how cherishment, willing to act as a "under the door" in the United States, actively carry out various "anti -China" actions, and also pointed at the Chinese internal affairs behind the United States. Recently, his military aircraft also ran to Yaowu Yangwei near China and was intercepted and driven by the PLA. From this we can see that Australia's hostility to China is in the face of such Australia, China will naturally be impossible for it to be happy, nor will it be allowed to earn Chinese money, but it will smash China's pot.
In the competition between China and Australia in recent years, Australian coal is not the only product to lose the Chinese market. Its crayfish, wheat, wine, beef and other products have also been greatly affected. Now that Australia is aware of the inconvenience and losses after he offended China, he began to want to continue exporting. However, if you want to export, you must first ask China to answer. Now the answer is obvious. China is unlikely to buy more Australian coal. The reason for this is that on the one hand, Australia is still standing on the "anti -China" position so far. The Pacific military exercise that has just begun a few days ago is clearly targeted at China and Australia actively participated. At the NATO summit "Chinese threat". In the South Pacific, Australia threatened to intimidate various threats with Chinese island nations, allowing them to cut off their exchanges with China. These of them indicate that Australia is repeatedly taught, and Sino -Australian relations can not see the hope of improvement in the short term.
Therefore, it is impossible to repurchase Australian coal and may even increase restrictions on Australian products. After all, it still stands firmly in the "anti -China" camp. In this case, China to strengthen countermeasures is an inevitable. Since Australia makes such a choice, it must bear the corresponding cost.
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