No, it's not to boost its domestic market Australian coal is the only one affected. Buyers are now increasing imports from Russia & Indonesia. More likely linked to tensions between Australia & China over cyber security or perhaps for our close ties with USA?
Chinese coal import restrictions is good news. It is high time the ScottMorrisonMP government with mattjcan and the MineralsCouncil with Tania Constable learn how to develop our economy without coal and fossil fuels in general. Tania told me in 2010 we can always buy oil!
what a joke China and Oz Gov ... Jul 2, 2018 - Yancoal acquired Rio Tinto's NSW Hunter Valley-based subsidiary ... The acquisition made Yancoal Australia's largest coal-focused miner.
Excellent, another nail in the coffin.
China playing the long game. Australian economy becomes reliant on the one trick pony. They’ll tell us what they want and how little they will pay for it. We will obey. Welcome to the world circa 2019.
How about Australia restricting Chinese ownership!
But hang on .. our coal is good .. just ask our PM he’ll tell you !
BanCoalExportsAndImports AnthropogenicGlobalWarming
Our Government should put the coal in tins of baby formula, it’ll sell quickly and be worth more!😉
we have an FTA with China n they r still playing games with choking import Trump is right Chinese gov is sly They want to be winners all d time
Can’t wait to see how the Libs will spin this one to justify a quicker opening of the Adani monstrosity