China’s Commerce Ministry: Aus-Sino trade and commerce ministers conducted pragmatic, candid exchanges
China’s Commerce Ministry said in a statement on Monday that Australian and Chinese trade and commerce ministers conducted pragmatic and candid exchanges.
Additional comments
Australia and China trade ministers held virtual meeting on Feb 6.
China, Australia are important economic, trade partners.
Bilateral economic, trade cooperation is mutually beneficial.
Two sides should work together to inject more positive factors into economic, trade cooperation.
Meeting an important step to push China-Australia economic, trade relations back on track.
Two sides should meet each other halfway, strengthen communication and coordination in economic, trade area.
China willing to restart economic, trade exchange mechanism with Australia.
China willing to expand cooperation in emerging areas such climate change, new energy.
China hopes Australia will provide Chinese firms with fair, open, non-discriminatory business environment.
Invited Australian counterpart to visit China at an appropriate time.
Market reaction
AUD/USD is trading modestly flat at around 0.6920, slightly supported by the renewed Australian-Sino trade optimism.
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
