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Once China Stops Importing Australian Cotton, Australian Agriculture Will Be Paralyzed
Recently, the National Farmers' Federation of Australia has announced an ambitious goal: to achieve the value of agricultural exports as high as a $100 billion by 2030, almost double the current scale. However, the Australian newspaper warned that Australia must maintain friendly relations with China in order to achieve this grand goal.
China's acceptance and purchase of Australian agricultural products is a treatment we have never had in the U.S. and European markets. They are willing to offer higher prices for Australian agricultural products, which are not available in other markets around the world.
In fact, not only agricultural products, but also minerals such as iron ore and coal, as well as financial investment, tourism and education, are all heavily dependent on China's huge market. Because of the huge market support of China, it can ensure the long-term vigorous development of Australia's economy, which is called "China's back garden" with envy and jealousy in the western industry.
However, such an "economic backyard" that relies heavily on the Chinese market has begun to take an anti China Road since the time of former Prime Minister Turnbull.
Since then, Australia has had little room for maneuver in following the United States against China. In today's Morrison era, Australia has not given up its determination to continue on the road of Anti China because of successive warnings from China.
Australia's Anti China actions have reached an intolerable level, ranging from cooperating with the United States in politicizing the epidemic situation, splashing dirty water on China, sending naval fleet to participate in the US military exercises in the South China Sea, and even crossing the Taiwan Strait. Australia has been the cannon fodder of the United States for a long time, and Sino Australian relations are in a state of collapse.
After repeated warnings failed, China began to implement some warning punishment measures, including banning the import of Australian meat products, alcohol and other agricultural products. However, Australia still does not intend to give up its choice to play the role of US Anti China cannon fodder. Recently, the Australian ambassador to the United States even clamored that "Australia is ready to bear the economic cost of confronting China".
Australia, which has been infected by the so-called "democratic values" virus, is obviously on the verge of death. For such a country, China has no choice but to pay a heavy price by heavy boxing. According to the latest report of observer network, the Australian cotton association claims that the Chinese government has recently dissuaded domestic cotton mills from importing Australian cotton.
It is reported that this year, Australia's cotton export volume is 373700 bales, of which China has taken 91% of the total. This means that once China completely stops importing cotton from Australia, the country's cotton exports will be paralyzed.
In addition, China has stopped importing coal from Australia. What scares the country even more is that China has recently stepped in frequently, not only banning the products of many Australian meat companies from entering the Chinese market, imposing high tariffs on their barley, and updating the import inspection process of iron ore, etc.
Obviously, China's counter measures against Australia have risen to substantive and comprehensive actions. The scope of counter-measures covers almost all industries such as agricultural products, minerals, investment, tourism and education. Obviously, Australia will have to peel off its skin if China's combination of boxing goes out.
At this time, China finally launched an unprecedented counter-measures against Australia. In fact, it shows that China has found an alternative supplier of Australian goods, and now it can completely abandon Australia. In this regard, some analysts believe that China has made adequate preparations after several years, and now it is time to crack down on Australia.
The authorities in Canberra are starting to feel scared, too. In response to China's series of measures, officials showed more restraint than ever before, and stressed more than once that "China remains an important trade and regional partner of Australia". In response, the South China Morning Post pointed out that the Australian government has realized that China's trade restrictions will bring serious consequences to the country's economy.
If we had known why, they would have felt the real fear when China took the real measures against Australia. But it seems that it is too late.
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