China warning on trade consequences

In an interview, the Chinese Ambassador denounced Australia’s call for an independent inquiry. He indicated that anti-Australian sentiment could affect consumer products, such as education, wine and beef. The Foreign Minister responded by warning China against engaging in economic coercion.

Further reading:

1. 1. Transcript of Chinese Ambassador CHENG Jingye’s interview with Australian Financial Review political correspondent Andrew Tillett
   2. An all-out trade war with China would cost Australia 6% of GDP
   3. Australia, all is not lost despite China’s trade tantrums