Chinese port bans imports of Australian coal, sending dollar tumbling

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Dalian has blocked imports from China’s top supplier, Reuters reports, amid simmering diplomatic tension between Beijing and Canberra

One of China’s biggest ports has banned imports of Australian coal and will cap overall coal imports for 2019 through its harbours at 12m tonnes, an official at Dalian Port Group has said.

The indefinite ban on imports from Australia, which is China’s top coal supplier, comes as major ports elsewhere in China prolong clearing times for Australian coal to at least 40 days, Reuters has reported.

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#asia pacific
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