SYDNEY (Reuters) – Australia and China agreed to cooperate additional on funding, commerce and decarbonisation, Australia Treasurer Jim Chalmers stated on Friday throughout a go to to the nation.
“We will host counterparts next year to continue to advance these discussions on areas like trade and investment, decarbonisation of the industries, business engagement,” Chalmers advised a information convention in Beijing, the primary go to to China by an Australian treasurer for seven years.
Ties between the nations had soured after Australia in 2017 accused China of meddling in its politics. An Australian name in 2020 for an inquiry into the origins of COVID-19 additional infuriated China, which responded with blocks on varied Australian imports.
However China has since lifted nearly all commerce curbs after an outreach from Australia’s Labour authorities that gained energy in 2022.