The Australian Financial Review with a report on what is being described as an "unofficial" government policy
The Port of Guangzhou, the largest in southern China, halted coal imports
- The Port denied this in a statement, after reports began circulating late last week, but The Australian Financial Review has confirmed with analysts and traders that restrictions have been put in place.
- "And it's not just happening in Guangzhou but right up the coast . . . ports have been given unofficial import quotas," said the trader, who asked not to be named.
AFR piece is here - may be gated: Trade battle looms as China curbs coal imports to help local miners
A negative input for the Australian dollar