A major Australian accounting firm is urging clients to seek alternatives to Chinese goods imports, in order to reduce supply chain risk. The firm is questioning why the human rights abuses of the communist regime do not attract more protest action in Australia.
The chief executive said that Australian suppliers of manufactured and primary products could take advantage, as customers are turning away from China because of COVID-19 and the increasing tension between Beijing and Canberra.
They are advising their clients to reject Chinese imports on the basis that they should not risk further disruptions to their supply chain.
The CEO said that political and labour practices were in question in China, which presents a “stark and unpalatable country risk” for both importers and exporters.