China bans Aussie meat exports

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Breaking from The Australian:

China has suspended meat imports from at least four Australian abattoirs overnight, as trade tensions between Australia and the communist nation rise.

The Australian understands the Kilcoy plant, Beef City in Toowoomba, the Dinmore meatworks in Brisbane and the Northern Co-operative Meat Company at Casino in NSW have been suspended by Chinese authorities. It has been confirmed that those four plants have not been officially delisted, and the four have not yet lost their licenses in China.

The Beef City and Dinmore plants are both owned by JBS Australia. The Australian has contacted Kilcoy, the Northern Co-operative Meat Company and JBS for comment.

The meat bans come as China prepares to slap large tariffs on Australian barley as early as this Sunday..

Industry sources have told The Australian that it is possible a technical matter is behind the four suspensions.

Looks like another case of angry China flexing its muscles. No doubt these four abattoirs are connected with the Coalition in some way to ramp the political pressure.

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.