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Australia sees trade talks continuing with China after investment ban on miner

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Australia said all decisions on foreign investment are made in its national interest and it expects trade talks with China to continue, after reports Beijing had protested Canberra’s decision to block Chinese investment in a rare earth mining company.

“All investment decisions are made in Australia’s interests and within the regulatory framework,” a spokesperson from Australia’s Department of Foreign Affairs said in a statement toChina’s embassy in Australia did not immediately respond to a request for comment.

China is pressing for Australia to drop its complaints over Beijing’s sanctions on barley and wine at the World Trade Organization.

 

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