China's foreign minister to visit Australia next week as ties improve [CNBC]
TREASURY WINE EST S/ADR (TSRYY)
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Source: CNBC
“I look forward to meeting Wang Yi during his visit to Canberra next week,” Albanese said during a televised media briefing. “It's a good thing that Wang Yi is visiting, it's a good thing to have dialogue.” Albanese said “significant progress” had been made in recent months to remove trade impediments with China, Australia's largest trading partner. Australia's diplomatic relations with China had been severely strained since 2018 when the previous conservative government banned Huawei from providing equipment during the rollout of its 5G network. Ties soured further after Canberra called for an independent investigation into the origin of COVID-19. China responded by imposing tariffs on several Australian commodities. It has been lifting most trade blocks since Albanese's Labor government came to power two years ago. Get more from CNBC. Breaking news and updates on WhatsApp Australia's top publicly listed winemaker Treasury Wine Estates on Tuesday said China's Ministry of C
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News
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- These Are the Stocks to Watch as Australia Resets Relations With China [BNN Bloomberg (Canada)]BNN Bloomberg
- China's crowded wine market offers no lifeline for struggling global industry [Yahoo! Finance]Yahoo! Finance
- China's crowded wine market offers no lifeline for struggling global industry [Reuters]Reuters
- China lifts tariffs on Australian wine, ends three-year freeze in trade [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The