There is government concern that Australian coal exporters could face another threat from the Chinese communist regime in its one-sided trade dispute with Australia.
Australian Deputy Prime Minister Michael McCormack told reporters in Canberra on May 22 that the trade minister and diplomats were working to fix the issues.
“Of course we’re very concerned by it,” he told the ABC on Friday.
He said China needed Australia as much as we needed our largest trading partner. China is the world’s largest steel exporter, it needs iron ore to produce steel.
McCormack said Chinese steel mills and power plants would need high-quality Australian coal to operate.
Labor Frontbencher’s Concerns
Meanwhile, Opposition Labor frontbencher Joel Fitzgibbon has accused the government of demonising China and its communist regime.Opposition Labor leader Anthony Albanese dodged questions from reporters in Sydney about Fitzgibbon’s comments but admitted that they hadn’t spoken.
Asked if he had an issue with Fitzgibbon freelancing on China, Albanese said: “I speak on behalf of the Labor Party.”
Beef and Barley
Trade tensions have also embroiled Australia’s barley and beef industry, with Beijing angered by Canberra’s call for an international inquiry into the origins of the COVID-19 pandemic.Australia’s call for an independent investigation into the origins of the CCP virus was supported by over 120 nations at the World Health Assembly which passed a resolution on May 19.
Australia’s Prime Minister Scott Morrison said on May 14: “We’ll work on those trading relationships. But what we will never do is trade away our values.”