More wolf warrior diplomacy today at The Global Times:
China’s steel shipments to Australia have dwindled by more than 50 percent in recent months, faster than the country’s overall steel export plunge, and the trend is set to further accelerate, as China takes more measures to cut output and restrict exports, industry insiders said.
China’s shrinking steel supply, against the backdrop of deteriorating bilateral relations, will likely lead to a steel shortage for the recovering Australian economy, which is about to embark on a massive infrastructure plan, analysts pointed out.
