China could wind back sanctions on Australian timber exports

China is preparing to wind back restrictions on Australian timber and other products under the latest phase of what insiders are calling a gradual removal of political sanctions imposed by Xi Jinping’s government. Key players in Australia’s beef and timber industry and Chinese government media reports said on Monday that restrictions on the two key Australian exports were expected to be lifted shortly, offering relief for potentially hundreds of exporters. In 2020, Beijing suspended timber exports from some Australian states by claiming logs were infected with pests. As a result of those suspensions, no exports of ...