China has boosted the import allowance for Australian wool twice since diplomatic ties began deteriorating in early 2020. Photo: Getty Images
China-Australia relations: Beijing’s new wool import quota no ‘real improvement’ in trade ties with Canberra
- Beijing set its 2022 import quota for Australian wool at 40,203 tonnes, up from 38,288 tonnes a year earlier
- Although positive, it is unlikely to indicate a turnaround in the frayed relationship between the two countries
China has boosted the import allowance for Australian wool twice since diplomatic ties began deteriorating in early 2020. Photo: Getty Images