News

China: Australia needs to end "Cold War mentality" - Reuters

As reported by Reuters, China's ambassador to Australia, Cheng Jinghye stated that Australia needs to undergo a mentality shift in order to repair bilateral relations with China.

Key quotes

"Relations between Canberra and Beijing have soured since Australian Prime Minister Malcolm Turnbull accused China late last year of meddling in domestic affairs, and as concern at China’s influence in the region has grown.

“We need to see each other’s development and policy intentions from a more positive perspective with less Cold War mentality,” Cheng Jingye said in a speech to politicians and business leaders in Canberra. “It is my belief that in order to ... achieve sustained and sound development in bilateral relations the two countries need to have more interaction and inclusiveness with less bias and bigotry,” he said.

Editorials in Chinese state media, including the China Daily and the Global Times, on Tuesday accused Australia of arrogance and taking a “distorted view on relations”.

The rift spilled over into trade last month when Australian wine exporters such as Treasury Wine Estates began to face blocks and delays because Chinese customs officials held up shipments."

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.