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Transcripts For BBCNEWS Asia 20240704

Products like coal and timber, but in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and canberra. The Centreleft Labor government was replacing the right wing government. That allowed a reset of relations between beijing and canberra which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money to buy coal and barley from other places, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. You said some tariffs remain but there are other sticking points in a relationship so is it possible they could go back to where they were or is a relationship on its way to recovery . China will always have difficulty with human rights and democratic freedoms and things like that. It is well understood by both sides who come fro

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Transcripts For BBCNEWS Asia 20240704

But in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and the changed between beiing and the centreleft changed between beijing and lie centreleft Labour Government was replacing the right wing government. That allowed a reset of relations between beijing and camera, which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. ~. ,. ,. , all. Whether or not any businesses all. Whether or not any businesses that all. Whether or not any businesses that have i all. Whether or not any. Businesses that have been affected because of this tariff as beijing had hoped . It affected because of this tariff as beijing had hoped . As beiing had hoped . If you look as beiji

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Transcripts For BBCNEWS World 20240705

hearing, has held what the us calls candid and constructive talks with china s foreign minister in beijing. this at the start of two days of meetings with chinese officials. mr blinken emphasised the need for diplomacy and keeping open channels of communication us officials added. the trip to china is the first by a top us diplomat in almost five years and comes months after an earlier visit by the secretary of state was postponed when a suspected chinese spy balloon flew in us airspace. can this trip reboot relations? to discuss this and what s at stake for the world s two biggest economies, i m joined by alicia garcia herrero chief economist at natixis. good to have you on the programme. from your perspective, when we are looking at trade, the two biggest economies in the world, how important is this trip? extremely important. and the main reason for this trip is not even trade, it s about assurance to really avoid a military conflict in taiwan and i think that s th

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