China’s Premier Li: Willing to work with Australia to jointly safeguard peace, stability in Asia-Pacific

Dhwani Mehta FXStreet

Chinese state media reported on Thursday, China’s Premier Li Qiang met with Australia's Prime Minister Anthony Albanese in Jakarta.

Following their meeting, China’s Premier Li said that “we hope Australia will adopt an objective, fair attitude towards investment and operation of Chinese firms in Australia.”

Additional comments

China will further open up and offer bigger market for countries including Australia.

Both sides should properly handle differences in spirit of mutual respect.

China willing to work with Australia to jointly safeguard peace, stability in Asia-Pacific.

China-Australia relations have continued to show positive momentum in the past year.

China will continue to expand high-level opening up to outside world and provide larger market for countries including Australia.

Market reaction

AUD/USD is holding the rebound toward 0.6400 on the renewed Sino-Australian optimism. The pair is modestly flat on the day at 0.6383, as of writing.

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.

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