The Abacus

ACBC welcomes PMs speech on China


ACBC welcomes the Prime Minister’s speech delivered at UNSW yesterday. The Prime Minister reaffirmed the significance of Australia’s longstanding and deep relationship with China. With bilateral trade between our two nations now in excess of $183 billion, China remains our number one trading partner and crucial to our future economic prosperity. The Prime Minister’s announcement that Australia is open to working with China on the Belt and Road Initiative is also particularly welcome by Australian companies eager to explore the opportunities. 
The Government’s commitment to high level ministerial visits to China is important at this time, and Minister Ciobo’s planned visit to Shanghai during the China International Import Expo in November is also especially welcome by Australian business.


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