US, Allies ‘Biggest Beneficiaries’ Of Australia’s $17b China Trade Row, Report Finds



Daniel Mercer and Tom Edwards | ABC

Australia’s closest security allies, led by the United States, have been the biggest beneficiaries of Beijing’s campaign of economic coercion against Canberra, a report has found. 

More than 18 months after China kicked off the trade war against Australia amid a series of spats between the two countries, the University of Technology Sydney found it was Canberra’s partners who were picking up much of the slack.

UTS’s Australia-China Relations Institute has released figures that show the value of 12 Australian exports to China affected by sanctions fell by $US12.6 billion ($17.3b) in the first nine months of this year compared with 2019.

During the same period, the value of US exports of the same commodities increased by $US4.6 billion ($6.3 billion), while those of Canada and New Zealand jumped by $US1.1b and $US786 million, respectively.

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