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.
Australian coal shipments are holding up in October despite Chinese restrictions on imports and wild weather that has buffeted the east coast of Australia over the past four days.