Australia’s allies are profiting from China trade bans

Allies including the US and Canada are profiting handsomely from Beijing’s trade sanctions on Australian goods, filling the void left by local exporters of coal, copper, beef, barley, wood, wine and shellfish.

But domestic exporters have pivoted well to alternate markets, according to the government, albeit without the “China premium” added to their margins, indicating the limitations of Beijing’s economic coercion.