China-Australia Talks on Economic Cooperation

A Spokesperson for the Chinese Ministry of Commerce Stated that China is willing to promote economic cooperation with Australia after what appeared to be a thaw in relations between the two countries, Thursday (9/2/2023).

Australian and Chinese trade ministers held their first bilateral meeting in three years on Monday as Australia urges China to lift official and unofficial barriers that are costing exporters USD14 billion a year.

In December, Penny Wong became the first Australian Foreign Minister to visit China in four years. The Australian financial review reported the first shipments of Australian coal to China since Beijing imposed an unofficial ban on the commodity two and a half years ago were due to arrive in the country this week in the first clear sign Chinese President Xi Jinping’s regime will roll back some sanctions on Australian exports. 

Meanwhile, China criticized the US for blocking Chinese telecom giant Huawei’s excess to American suppliers.