(Beijing Bloomberg) China has banned Australian coal imports for more than two years. The ban is now in the dawn of looseness. It is reported that China ’s regulators are discussing the restoration of imports of Australian coal imports.Open.
People familiar with the matter said that the China National Development and Reform Commission met with some electricity and steel companies on Tuesday (January 3) to discuss the restoration of the import of Australia and coal.It is planned to first allow Baowu, Datang, Huaneng, and Guoneng to import coal from Australia.
Two of them also said that imports may be recovered as early as April 1.
China has been the largest trading partner in Australia in the past, and the Chinese market is crucial to Australian mineral exports.However, the relationship between the two countries has continued to deteriorate due to the allegations of spy penetration and the disable Huawei in Australia in the past few years, and Australia's proposition to survey the source of crown diseases has prompted China to ban the import of Australia coal non -publicly at the end of 2020.If China resumes imports, it will confirm the recovery of the relationship between the two parties.
China -Australia relations have gradually improved recently.In November last year, Chinese officials met with Australian Prime Minister Albanis in Bali, Indonesia; then in December, Australian Foreign Minister Huang Yingxian visited China. This is also the first Australian Foreign Minister in China for several years.
The China National Development and Reform Commission and the above four companies have not responded to Bloomberg's comment request.
