Australia farm minister urges exporters to think beyond China
With China imposing severe trade restrictions on Australian beef and barley, exporters need to follow the "simple business principle" of diversifying to different markets across the globe, Agriculture Minister David Littleproud said.
"You should not have market concentration, and we are saying to all our exporters that you should look to spread your risk around the world," Littleproud said in a recent telephone interview with Nikkei. He named Saudi Arabia, the United Arab Emirates, Vietnam and Indonesia as possibilities.
