In May Australians kicked out the conservatives who had been in office for nearly a decade and voted in a new centre-left Labor government. Ever since, the ice has begun to thaw between the two countries
was slow and acrimonious. Australia first rankled China, its biggest trading partner, by passing laws to prevent meddling in its democracy, and by banning Huawei, a Chinese telecoms giant, from its 5network in 2018. Then, in early 2020, as a mysterious coronavirus outbreak in the Chinese city of Wuhan grew into a pandemic, the Australian government called for an inquiry into the origins of the disease. That was the last straw.
The softer tone may lead to China lifting some of its trade restrictions. Officials in Beijing are considering scrapping an unofficial ban on Australian coal imports, in place since 2020, according to Bloomberg, a news service. Yet that is only because it has hurt China’s own economy, says Justin Bassi, who heads the Australian Strategic Policy Institute, a hawkish think-tank in Canberra, Australia’s capital.
China’s actions, more than words, determine how Australians feel about their biggest economic partner. They have worried for years about Chinese cyberattacks and attempts to bankroll political candidates. Now they are increasingly concerned about China’s military aggression and its growing interest in their region.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Live news updates: Adidas cuts outlook again over China Covid curbs and potential consumer slowdown\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Tory leadership race: Truss pledges 'full-fat freeports' and Sunak will get 'tough on China'Liz Truss and Rishi Sunak's campaigns are now getting into more of the nitty gritty of policy pledges as they try to sway Conservative Party members in the race to become Tory leader and prime minister.
Read more »
China seeks global leadership in fast-charging techOfficials came right out and said this is all about scoring a global win
Read more »
China And India Are Buying Less Russian Crude | OilPrice.comAsian nations are letting up on discounted Russian oil exports, with Bloomberg data showing a 13% decline over the past four weeks as Chinese and Indian demand ease, chipping away at Russian oil revenues
Read more »