Wednesday, 12 May 2021

China suspends economic talks with Australia

Written by Redazione

China has reportedly suspended economic dialogue with Australia indefinitely. Relations between the two countries have deteriorated since Australia called for a probe into the origins of COVID-19 and banned Huawei from building its 5G network.

China imposed sanctions on Australian goods, including wine and beef, in 2020, and Chinese investment in Australia plummeted 61% that year, the lowest number in six years. China accounted for 29% of Australia's trade with the world in 2019.

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