Yeah it’s a bad look, especially since Australia pivoted to India to fill the large gap China left in their export market. Now India is importing from Australia at a rate that is alarming only to China.

The only problem for Australia is the China was often times paying radically larger premiums for Australian goods then any other country would be willing to pay. So everyone is starting to feel the heat.

https://www.wsj.com/world/asia/china-says-australias-exporte...

Interesting read.