The Chinese Communist authorities have recently been fighting a big trade war with Australia, ordering a total boycott of Australian coal, seafood, lobster and other products, and instead importing coal from other countries, yet now it is rumored that a large portion of the coal exported to China from other countries is still Australian coal, which I’m afraid also makes the Chinese Communist authorities’ boycott much less effective!
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The government’s decision to ban the import of coal from Australia, but the coal produced in Australia still enters China through other countries, and the local coal industry “Whitehaven Coal” revealed that the Chinese authorities have turned to Russia, Indonesia, South Africa, India, Pakistan and other countries to import coal to fill the gap, but now there is an interesting phenomenon that these countries first import coal with Australia and then resell it to China, so the Chinese authorities have taken a big detour, but still indirectly purchased a lot of Australian coal, and the effectiveness of the boycott is very limited.
The Chinese government has been able to buy a lot of Australian coal, and the boycott has had a very limited impact on the price of Australian lobster.
The manager of Catalano’s Seafood, a wholesale and retailer of lobsters, said that it is not unusual for a family to buy 30 lobsters at a time, but more than 10 are common. Last year, before Christmas, more than 13,000 pounds were sold, which is quite amazing.
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