The agreement between Australia and China to resolve a dispute over Chinese tariffs on Australian barley without World Trade Organization (WTO) adjudication is evidence of a distinct improvement in relations.
It raises confidence Australia can maintain a constructive relationship with China even as US-China relations continue to deteriorate.
China imposed an 80.5% import tariff on Australian barley in May 2020, on the grounds Australian barley was sold in the Chinese market at a price lower than its price in Australia (known as “dumping”) and was subsidised, harming China’s barley growers.