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Albanese will meet with Xi next week on a trip focused on Australia-China business ties
BEIJING, CHINA, JUL 06 – Prime Minister Albanese aims to expand the 10-year-old free trade agreement to include AI, green energy, and digital economy partnerships, strengthening ties amid easing trade tensions.
- Australian Prime Minister Anthony Albanese will begin his second visit to China on Saturday, focusing on strengthening economic ties.
- This visit follows Beijing's openness to reviewing the decade-old free trade agreement to boost cooperation in agriculture, mining, and new technologies.
- Albanese emphasized that Australia's government will decide its own policy, prioritizing jobs, while Foreign Minister Penny Wong linked strong economic ties to national security.
- Last year, Australian companies sold A$196 billion to China, more than their next four largest export markets combined, illustrating China's role as Australia's largest trading partner.
- The visit suggests a pragmatic approach to managing complex relations by aiming to expand trade, explore technology partnerships including AI, and maintain bilateral stability.
68 Articles
68 Articles
Australian Prime Minister Anthony Albanese started a visit to China today with the aim of deepening the recently stabilized trade relations, despite the still present bilateral tensions.
Australian Prime Minister Anthony Albanese starts a visit to China on Saturday, with the aim of deepening trade relations.
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The Australian Prime Minister begins a six-day visit to China on Saturday, July 12. After a trade war, tensions have eased since the workers came to power in Canberra. Will relaxation allow for a frank resumption of economic relations between the two countries? China accounts for almost a third of Australia's trade, but a few difficult issues are likely to come to the discussion table.
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