China lifts most remaining trade bans on Australian beef exports

News Snapshot:

China has lifted suspensions from Australian beef exporters, removing almost all of the $20bn worth of trade sanctions it imposed. The agriculture minister, Murray Watt, said Beijing on Wednesday night lifted the bans, with immediate effect, for five different abattoirs. “That is fantastic news for the cattle producers, for the meat processing industry and for the workers in those industries,” he told ABC News Breakfast on Thursday. Watt said the move comes from work done to stabilise the relationship with China. “The work that we’ve done to stabilise our relationship with China is paying real dividends,” he said. The abattoirs...