China bans more Aussie beef

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Classic behind the border tariffs:

China has suspended beef exports from another Queensland abattoir – a day after Prime Minister Scott Morrison announced he will legislate to tear up Victoria’s multimillion-dollar Belt and Road Initiative agreement with Beijing and a raft of other agreements found to be against the national interest.

Chinese customs has suspended beef imports from Australian processor John Dee Warwick – the oldest single-family owned meat processor in Australia – based in Warwick in Queensland’s southeast.

According to a Chinese customs authority, the banned drug chloramphenicol was found in the beef from the company. Chinese customs officials have notified their Australian counterparts asking them to launch an investigation into the company and report back to China in 45 days.

A better idea is to find an alternative market. It will only get worse.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.