CHINA COVID-19 TRADE DISRUPTION WORRIES AUSTRALIAN WOOL EXPORTERS
June 30th, 2022
With the lifting of the Covid-19 induced lockdown in Shanghai at the start of June, the world’s largest wool exporters are hoping for less disruption to their business with China. But ongoing Covid outbreaks in the country, alongside the government’s continued zero-Covid policy, whereby cities are closed to control infections, and a backlog at its ports, are still causing concern. New restrictions were introduced in Beijing the same month, after loosening of social distancing prompted a fresh outbreak.
Australian wool producers, which exported 76% of their ...
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