Australian coal exports hold up despite China ban
So the largest coal user on the planet boycotts a very large coal exporter. That would raise the price for the buyer and lower the price on the general market as the seller must dump the product. That would amount to a subsidy by China towards all other coal buyers. Except of course if China decided to sneakily circumvent its own ban. In which case, what has changed for Australia? China is big, but it’s not invulnerable. Especially to its own BS.