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In dumping probe, China spooks Australia grain trade already sweating out drought hit

Reuters  |  BEIJING/SYDNEY 

BEIJING/SYDNEY (Reuters) - China on Monday launched a probe into whether Australian barley suppliers dumped cheap imports into their biggest market over the past year, catching the grain trade on the hop just as drought shrivels Australian crops and drives prices higher.Coming amid strained diplomatic ties between Beijing and Canberra, the move by Beijing's commerce ministry comes after the China Chamber of International Commerce complained that Australian barley was sold at lower-than-normal prices for the 12 months through September 2018, hurting domestic suppliers. Australia is by far ...

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First Published: Mon, November 19 2018. 14:02 IST
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