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Chinese Ministry of Commerce: We are willing to discuss basic issues affecting Australia-China trade

Asked if China will resume importing beef and barley from Australia, Shu Juetinga spokesman for the Chinese Ministry of Commerce, told a regular press briefing that “China is willing to discuss basic issues that concern both nations.”

Asked whether Australian coal import restrictions have been lifted, Jueting said “they can apply for the coal import license as normal.”

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“The flexibility of market access for foreign investment will continue to be promoted.”

“Institutional opening will be constantly expanded.”

“Government and local companies say that fewer orders remain the biggest challenge for the development of trade in 2023.”

market reaction

AUD/USD has rallied on fresh offers in early European trade, breaking above the 0.6650 zone. The pair gains 0.64% on the day.

Source: Fx Street

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