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The bad blood between Australia & China is over

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Australian Prime Minister Anthony Albanese has met with Chinese President Xi Jinping in Bali

Australian Prime Minister Anthony Albanese has met with his Chinese counterpart in what is being described as a “positive” encounter.

Albanese told Xi Australia wants to work with China, in the interests of both countries and regional peace.

“Very constructive … a warm discussion”.

anthony albanese speaking after the meet

It follows a tumultuous time between the two nations regarding a number of issues, including trade agreements, the origins of Covid-19 and reports of Beijing’s human rights violations.

The Australian PM refused to ignore his countries previous complaints with Beijing on these fronts.

On China’s trade embargo on Australia, Albanese explained this meeting was never meant for finding a resolution.

“If people thought that would happen (today) then that’s not realistic…

We put forward our position and he said that we have highly complimentary economies, so we used similar language.”

anthony albanese speaking after the meet

The meeting spanned 32 minutes as the G20 summit continues in Indonesia.

China’s president has refused to have a formal meeting with an Australian leader since Malcolm Turnbull in 2016.

Malcolm Turnbull and Xi Jinping in 2016
Credit: Reuters

The Australia-China relationship may be putting their differences aside, as they look to a more prosperous future, in the best interest of both nations.

During the previous Morrison government in Australia, relations had soured. However, Xi is now sounding much more optimistic about the country down under.

“In the past few years, China-Australia relations have encountered some difficulties, which we didn’t want to see, because both China and Australia are important countries in the Asia-Pacific region…

We should improve, maintain and develop the relations between the two countries, which is in the fundamental interests of the two peoples and conducive to promoting the development of peace in the Asia-Pacific region and the world.”

xi jinping before the meet

Ukraine war

When it came to the ongoing conflict in Ukraine, Albanese encouraged Xi use his relationship to influence Russia when it comes to nuclear weapons.

“Specifically about Russia’s threat to use tactical nuclear weapons…

I noted that China had called that out and that is a good thing.”

anthony albanese speaking after the meet

Human rights violations

Australia has long condemned China when it comes to allegations of human rights abuses within the country, particularly against the Uyghur population.

The Australian leader “put forward the differences we have on human rights issues” specifically regarding detained Australian journalist Cheng Lei.

Albanese also reaffirmed Australia’s stance on Taiwan and worsening climate change too.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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U.S.-India pharmaceutical trade partnership?

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The United States wants to diversify its supply chain and achieve affordable medicine resilience.

The Indian Pharmaceutical Alliance is urging a U.S.-India trade partnership to reduce reliance on foreign sources for both nations’ pharmaceutical supply chain.

The goal is to diversify both countries’ supply chain and achieve affordable medicine resilience.

Kathleen Jaeger, the President and CEO of The Center for American Medicine Resiliency joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #pharmaceutical #India #trade

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Boeing’s bad luck continues following Starliner malfunction

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Long-awaited first crewed test flight of the new Starliner space capsule was called off over a technical issue that launch teams could not resolve in time.

Originally scheduled for liftoff from Florida’s Kennedy Space Center, the mission aimed to demonstrate Starliner’s capabilities and certify it for regular crewed flights to the ISS, as reported by Reuters.

 

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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