Citing very heavy tesla obligations. Our Business Reporter David Waddell has more. Heres mr musk s challenge. Hes trying to sell teslas full Self Driving Software to more users, to more drivers. Thats the software that enables vehicles to drive autonomously, with a driver behind the wheel but not operating it. Thats available in north america, both in the us and canada. But on friday, a us report tied its wider range of autonomous Driving Modes to at least 13 crashes, including one death. Despite that, chinese customers are angling to use full Self Driving Software, but its not yet available in their market. Mr musk said it would be rolled out there very soon, but heres the rub all the data from teslas Chinese Fleet is held in shanghai and, under chinese regulations, isnt accessible to teslas us headquarters in texas. And that hampers the learnings that tesla needs to do to deliver a safe and effective product in china. Mr musk needs to navigate that with chinese officials. Ones the pr
and then the collapse of the ftx cyrptocurrency exchange in november 2022, and the ftx founder was found guilty of fraud and money laundering last month. also in november, the ceo of binance, the largest cryptocurrency exchange, pleaded guilty to anti money laundering and us sanctions violations and paid a $50 million fine and the company paid a $4.3 billion fine. but bitcoin, it seems, is no worse for the wear. the price climbed above $44,000 tuesday and shares of coinbase global, the largest crypto exchange in the us were up as well. bitcoin minors traded up as well. here are some of the wind in their sails. us regulators are expected to approve an exchange traded fund that directly holds bitcoin. that could happen as early as next month and traders are betting on it. australia s economy barely grew in the third quarter with gdp rising just 0.2%, the slowest growth in a year. households have been cutting back on spending and exports have also been flagging and data further
largest trading partner and this is why. look at the figures, 2 way trade grew over 9% to over $300 million. i spoke with former australian ambassador to china geoff raby who explained the significance of this visit. the significance of the visit is that not only is it the first since 2017, but it marks the resumption of the annual reciprocal high level visit exchanges. these started in the 1980s and continued until 2017 and they are resuming again. to the comments by philjust then, relations have normalised and that s what china is looking for. beyond that, in terms of geopolitics, does it weigh on relations given the fact that australia is a strong ally of the united states but depends on china for trade? how do you reckon going forward that australia manages to balance these out? absolutely. it s a critical issue, it s interesting to note that since the seven years since the last high profile visit from a chinese leader to australia, china has gone from 16% to 75% of 60
largest trading partner. last year, two way trade with china grew over 9% to over $300 billion. i spoke with former australian ambassador to china geoff raby who explained the significance of this visit. the significance of the visit is that not only is it the first since 2017, but it marks the resumption of the annual reciprocal high level visit exchanges. he started in the 19805 exchanges. he started in the 1980s and continued until 2017 and they are resuming again. to the comments by philjust then, relations have normalised and that s what china is looking for. p, that s what china is looking for. , ., that s what china is looking for. , , . , for. do you see differences bein: for. do you see differences being ironed for. do you see differences being ironed out? - for. do you see differences being ironed out? barley, l for. do you see differences - being ironed out? barley, beef abattoirs. being ironed out? barley, beef abattoirs, they being ironed out? barley, beef
at because of trade ties and geopolitics will be key on the discussions. chinese premier li qiang is in australia for a four day visit amid warming ties between both countries. he kicked off his trip on sunday, with a stop at the adelaide zoo to visit a pair of pandas on loan from china. he also met with foreign minister penny wong and a number of south australian wine exporters. china is currently australia s largest trading partner. last year, two way trade with china grew over 9% to over $300 billion. we ll keep coming back to those visuals. i spoke with former australian ambassador to china geoff raby who explained the significance of this visit. to feel the chest, the relationship has effectively normalized and that is what china is looking for. beyond that, in terms china is looking for. beyond that, in terms of china is looking for. beyond l that, in terms of geopolitics, does it way on relations given the fact that australia is a strong ally of the united states bu