The Chinese Ministry of Commerce (MOFCOM) confirmed on Thursday that top trade officials from China and Australia will meet online next week, marking a significant turning point in bilateral trade ties, as more positive signs point to improving relations between Beijing and Canberra.
Australian Prime Minister Anthony Albanese told reporters on Saturday that Australia aims to continue to boost relations with China as it seeks to fully restore trade ties with its largest export market.
A landmark meeting between the leaders of China and Australia, on the sidelines of the G20 summit in Bali, Indonesia, injected precious stability and new impetus into bilateral relations.
The overall trade of goods between China and Australia reached $19.20 billion in June, up 2.34 percent month-on-month, but down 4.69 percent year-on-year, according to data released on Wednesday by China s General Administration of Customs. In the first half of 2022, bilateral trade shrank 3.1 percent year-on-year.
Australian media outlets and politicians who follow Trumpism have soured China-Australian relations, experts said on Tuesday, after the Chinese Embassy in Australia published an article titled