China, Australia to restart annual meetings as trade resumes

BEIJING/SYDNEY – Australia’s Prime Minister Anthony Albanese met Chinese Premier Li Qiang in Beijing on Tuesday, in what Mr Albanese said was an annual leaders’ meeting that would continue as relations between the trading partners stabilised.a diplomatic disputeChinese President Xi Jinping said on Monday that stable ties between China and Australia served each other’s interests, and both should expand their cooperation.

“Where there is geostrategic competition, we must all manage it carefully, through dialogue and through understanding,” he added. China’s October imports from Australia grew 12 per cent from a year earlier to US$11.96 billion , Chinese customs data showed on Tuesday, accelerating from the 4.9 per cent increase in September.In 2022, imports from Australia dived 12.7 per cent to US$142.1 billion. REUTERS

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