Australia has used China’s premier global business summit to push for an end to trade sanctions imposed by Beijing, while Xi Jinping’s new second in command is seeking to restore international confidence in the world’s second-largest economy.
“There is momentum. There is a consistent engagement from the Australian side at ministerial and official level. We are determined to keep making the case.” Senator Ayres was the first Australian minister to visit China since Foreign Minister Penny Wong’s trip to Beijing in December. He was also the first federal minister to attend the Boao Forum, which started in 2016.rather than through the World Trade Organisation.He confirmed Australian coal was now arriving into China and restrictions on timber had been eased. It was less clear when restrictions on other products such as lobster, wine and barley would be removed.
For his part, Dr Forrest urged China to accelerate its renewables rollout and help the world tackle climate change. He praised China’s leaders for steering the economy through the “dark winter” of COVID-19. Dr Forrest, who made his fortune selling iron ore to China, has been touring the country for the past week talking to potential green energy partners and looking at Chinese robotics and automation, which he says made huge advancements during the pandemic.He is believed to be the first Australian to meet Mr Li, who was appointed China’s premier in March and will oversee China’s efforts to stabilise its economy.
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Source: FinancialReview - 🏆 2. / 90 Read more »