China's coal industry lashes Australia for 'irresponsible comments'

, a rare public acknowledgement that diplomatic tensions could be the cause of slowing trade.

"Although businesses can conduct effective, friendly and reasonable cooperation between the two countries, the political factors have to be considered," he said.Immediately before his comments, Mr Cui pointed out the Australian embassy was in the audience, saying Australia was the largest coking coal exporter to China.One audience member said: "We’ve all been chasing this phantom of what’s driving this behaviour and this was a much clearer articulation – in an inappropriate forum.

Australian diplomats have attended a spate of coal industry conferences across Beijing and Shanghai in the past fortnight to try to understand why Australian coal was facing a slowdown and try to determine how long it will last.The conference heard that a restriction policy on overall imported coking coal levels would become tougher in 2019.

The Chinese government had initially aimed to encourage high-quality imports and discourage low quality imported coal, but the restriction policy had been implemented with no differentiation, she said. The deputy director of the China Iron and Steel Association, Shi Hongwei, told the conference reform to the steel industry and upgrading furnaces would drive demand for high quality coking coal, even though overall demand for coal would fall.

😂😂😂🖕

China is currently developing coal power capacity equivalent to the entire capacity of the United States. Chinese representatives dont make unscripted statements; this is a strategy to create favourable trading conditions for its anticipated demand for Australian coal.

Because they buy lots of resources from us means we should be quiet? I dont think so. China tells everyone not to interfere in its internal affairs. China should practice what it preaches and stop meddling in Australian affairs.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Housing Industry Association criticises Labor's negative gearing policy | Sky News AustraliaThe Housing Industry Association's Tim Reardon says it's 'absolutely the wrong time' for Labor to introduce its controversial negative gearing policy.\n\nLabor plans to restrict negative gearing to new homes and reduce capital gains tax concessions if it wins the next federal election, claiming the policy will raise $32 billion over the next decade.\n\nThe Opposition has had to fend off claims on Wednesday that it inflated its negative gearing savings by up to $8 billion, which Shadow Treasurer Chris Bowen denies. \n\nMr Reardon told Sky News that regardless of how much revenue the policy will raise, if Labor wants to address housing affordability, it should increase supply, rather than drive down prices.\n\n\n\n\n\n Well there's a surprise. The HIA doesn't want any changes to negative gearing rules. Lol. With HIA, would there ever be a good time?
La source: SkyNewsAust - 🏆 7. / 78 Lire la suite »

Battery research centre puts Australia at 'cutting edge' of global lithium industryA new national lithium research hub in Western Australia is hoped to take the state a step closer to developing a battery manufacturing industry. I hope we are walking the walk instead of just talking about it as usual
La source: abcnews - 🏆 5. / 83 Lire la suite »

Calls for crackdown on toxic waste industry following Melbourne factory fire | Sky News AustraliaResidents in Melbourne’s industrial suburbs are demanding a crackdown on the hazardous waste industry following an enormous blaze at a Campbellfield factory last week. \n\nMore than 50 people attended a rally on Monday night to voice their concerns for residents’ health, after the Friday fire sent thick black smoke into the air. \n\nThe blaze erupted a month after the business had been suspended for holding more than double the legal amount of hazardous chemical waste on site.\n\n\n\n\n\n\n\n\n
La source: SkyNewsAust - 🏆 7. / 78 Lire la suite »