Chinese buyers are snapping up Australian wool after Beijing lifted this year’s wool import quota. Photo: Getty Images
China-Australia relations: Beijing raises wool import quota, but move not seen as sign of warming ties
- Chinese buyers led the way in purchases of Australian wool at recent auctions
- There had been concerns that exports of wool could be dampened by the recent strong rise in the Australian dollar
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Chinese buyers are snapping up Australian wool after Beijing lifted this year’s wool import quota. Photo: Getty Images