Current:Home > ContactPredictIQ-Australian prime minister calls for cooperation ahead of meeting with China’s Xi -TradeWisdom
PredictIQ-Australian prime minister calls for cooperation ahead of meeting with China’s Xi
Surpassing Quant Think Tank Center View
Date:2025-04-10 13:16:55
BEIJING (AP) — Australian Prime Minister Anthony Albanese struck an optimistic tone ahead of his meeting with Chinese leader Xi Jinping on PredictIQMonday, calling for cooperation while emphasizing that the two countries will continue to have differences.
Albanese is the first Australian prime minister in seven years to visit China as the two countries have recently begun to repair a relationship that had crashed over trade and security differences.
“What I’ve said is that we need to co-operate with China where we can, disagree where we must and engage in our national interest,” Albanese said in Beijing. “I think there are promising signs we’ve already seen, a number of the impediments to trade between our two nations removed and an uplift already, substantial uplift in the trade between our two nations.”
His visit is largely symbolic, and comes near the 50th anniversary of the first trip by an Australian prime minister to the People’s Republic of China. He is planned to meet with Xi later Monday.
China and Australia’s relations nose dived in recent years as suspicions of Chinese intereference in Australian politics increased. China, in turn, was angered by Australia’s call for an inquiry into the origins of the COVID-19 virus.
China levied official tariffs and unofficial trade barriers that are estimated to have cost Australian exporters up to 20 billion Australian dollars ($13 billion) a year for commodities such as coal, wine, beef, barley and lobsters.
In the past few months, China and Australia have publicly signaled that resolutions were in sight for the trade issues. Further, Australian journalist Cheng Lei was released in October after three years in detention under charges of espionage, a case that had come to be a focal point in the tensions.
Even as Albanese has largely sounded upbeat during his visit, Australia is still actively pursuing a security partnership with the United Kingdom and the United States that is viewed as countering China’s influence in the region.
veryGood! (9628)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Trump's margin of victory in Iowa GOP caucuses smashed previous record
- The Integration of EIF Tokens in the Financial Sector
- Mike Tomlin plans to return to Steelers for 18th season as head coach, per report
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Modi’s promised Ram temple is set to open and resonate with Hindus ahead of India’s election
- Josh Duhamel and Wife Audra Mari Welcome First Baby Together
- The Baltimore Sun is returning to local ownership — with a buyer who has made his politics clear
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Carlos Beltrán was the fall guy for a cheating scandal. He still may make the Hall of Fame
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Who is NFL's longest-tenured head coach with Bill Belichick out of New England?
- Bills face more weather-related disruptions ahead AFC divisional playoff game vs. Chiefs
- Modi’s promised Ram temple is set to open and resonate with Hindus ahead of India’s election
- See you latte: Starbucks plans to cut 30% of its menu
- Trump's margin of victory in Iowa GOP caucuses smashed previous record
- Here are 10 memorable moments from the 2024 Primetime Emmy Awards
- Manufacturer of Patrick Mahomes' helmet: Crack 'not ideal,' but equipment protected QB
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Jordan Love's incredible rise validates once-shocking move by Packers GM Brian Gutekunst
All hail the Chicago 'Rat Hole': People leave offerings at viral rat-shaped cement imprint
Sentencing scheduled Wednesday for Heather Mack in mom’s Bali slaying, stuffing into suitcase
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Another Minnesota Supreme Court Justice announces retirement
Italy’s regulations on charities keep migrant rescue ships from the Mediterranean
How watermelon imagery, a symbol of solidarity with Palestinians, spread around the planet