Discussion: China-Australia trade ties

Australian Prime Minister Malcolm Turnbull embarked on a trade mission to China three months into a Free Trade Agreement that is already seeing benefits. China has been Australia’s biggest trade partner for years. And last year the bilateral trade volume approached nearly 150 billion yuan, almost a third of Australia’s foreign trade volume. Experts say this trade mission is an attempt to capitalize on China’s transition from an export-based economy to a major consumer spender. But last year, there was a drop in bilateral trade of almost 20%. Why the decrease, and what can we expect for future bilateral trade? And how have the growing economic ties between the two countries received by the Australian public? Join us for a discussion with Mr. Yang Xiyu, senior fellow from the China Institute of International Studies; and Professor Gregory McCarthy, who holds a personal chair of Australian politics at the University of Western Australia.

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