Australia's exports to China hit record high as relations thaw | CNN Business

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Australia’s exports to China hit a record high in March

, as Chinese buyers snapped up Australian commodities from coal to iron ore amid a thaw in bilateral relations. The country’s shipments to China reached 19 billion Australian dollars in March, up 28% from the previous month and 31% from the same period a year ago, according to data released by the Australian Bureau of Statistics on Thursday. The monthly number is the highest since records began in 1988.

The Chinese government said Morrison’s request was “political manipulation,” and since then imposed a series of trade restrictions on Australian products, including barley, lobsters and coal. But the frosty relationship has shown signs of thawing since last year when the Labor party swept to power in Australia. Earlier this year, Beijing removed all remaining curbs on Australian coal imports, ending an unofficial ban.

 

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