CHINESE COTTON MILLS ASKED TO STOP BUYING AUSTRALIAN COTTON
According to the source of Australian government, Chinese cotton mills have been ordered to stop buying Australian cotton , the latest sign of worsening trade relations between the two countries.
China is the biggest buyer of Australian cotton and the trade worth was worth about A$900 million ($637.4 million) during the 2018/19 crop year.
Australia’s relationship with China has soured in recent months amid Canberra’s allegations that China was meddling in its domestic affairs.
Relations worsened when Prime Minister Scott Morrison called for an independent inquiry into the origins of the COVID-19 pandemic, which originated in the Chinese city of Wuhan.