$700 Million Worth of Australian Coal Held Up at Chinese Ports

$700 Million Worth of Australian Coal Held Up at Chinese Ports
Large coal stocks await loading for export at Port Waratah Coal Services on Newcastle, Australia, on April 12, 2007. Corey Davis/Getty Images
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Over $700 million worth of Australian coal exports have been anchored off the coast of China for months over apparent issues with environmental standards.

It is believed around 50 vessels containing the coal are waiting around Chinese ports, as safety and quality inspections prevent the exports coming ashore, according to Bloomberg.
Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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