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Xi Jinping’s chaotic relationship with Australia

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Xi Jinping, the current President of the People’s Republic of China, has had a long and complicated relationship with Australia.

Throughout his lifetime, he has visited the country five times – more than any of his predecessors. He is also the only leader of the Chinese Communist Party (CCP) to have visited all states and territories within Australia.

During his last trip, then-prime minister Tony Abbott gave Xi a special gift – a photograph of his father, Xi Zhongxun, with former NSW premier Neville Wran in 1979. Xi’s father once said he had “seen and learned many things” during his trip to Australia all those years ago.

But 43 years later, Beijing’s attitudes to Canberra are a far cry from what they were back then. Let’s take a look at how Xi Jinping’s relationship with Australia has changed over the years.

1979 – Xi Zhongxun Meets with Neville Wran

Xi Zhongxun was an influential Chinese politician who served as Vice Premier of China from 1980 to 1982. He was also the father of current President Xi Jinping. In 1979, during a state visit to Australia, Zhongxun met with then-NSWPremier Neville Wran. This meeting was considered to be groundbreaking at the time, as it was the first time a high-ranking CCP official had met with an Australian state premier.

2003 – Hu Jintao Meets with John Howard

In 2003, Hu Jintao succeeded Jiang Zemin as General Secretary of the CCP and President of China. During his time in office, he continued to build upon the economic reforms that had been put in place by Deng Xiaoping. He also worked to improve China’s relationships with other countries, including Australia. In 2003, he met with then-prime minister John Howard in Beijing. This meeting resulted in the signing of the China-Australia Free Trade Agreement (ChAFTA), which came into effect in 2015.

2013 – Xi Jinping Meets with Julia Gillard

By 2013, Xi Jinping had become the General Secretary of the CCP and President of China. He made his first state visit to Australia that year, meeting with then-prime minister Julia Gillard in Canberra. The two leaders discussed a range of issues, including trade and investment ties between China and Australia. Gillard also announced that she would be working towards ratifying ChAFTA during her time in office.

2017 – Malcolm Turnbull becomes Prime Minister after leadership spill

In September 2015, Malcolm Turnbull replaced Tony Abbott as leader of the Liberal Party and prime minister of Australia following a leadership spill. One month later, he made his first official visit to China as prime minister. During this visit, he met with President Xi Jinping and other high-ranking officials to discuss trade relations between China and Australia. Turnbull also became the first Australian prime minister to address students at Tsinghua University in Beijing.

Since 1979, when Xi Zhongxun meet with Neville Wran, Beijing’s attitude towards Canberra has changed significantly. In recent years, under the leadership of Xi Jinping, relations between China and Australia have become increasingly strained. This is due to a number of factors, including Australia’s decision to ratify ChAFTA and our relationship with the United States.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Aussie job market defies expectations with stable 4.1% unemployment rate

Australia’s unemployment held at 4.1% in May amid job loss; full-time roles surged, underemployment fell, and female participation rose to 60.9%, keeping RBA cautious despite rate cut speculation.

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Australia’s unemployment held at 4.1% in May amid job loss; full-time roles surged, underemployment fell, and female participation rose to 60.9%, keeping RBA cautious despite rate cut speculation.


Australia’s unemployment rate held firm at 4.1% in May, despite a small drop of 2,500 jobs—falling short of forecasts.

But dig deeper: full-time jobs jumped by nearly 39,000, underemployment hit post-COVID lows, and female participation reached a record 60.9%.

With labour market resilience still strong, the Reserve Bank is unlikely to be swayed—though markets see an 80% chance of a July rate cut.

The RBA remains in a balancing act, cooling inflation, without choking growth.

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#RBA #JobsData #AustraliaEconomy #Unemployment #InterestRates #LabourMarket #tickernews

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Central banks struggle with economic uncertainty and rates

Central banks face challenges amid economic uncertainty, impacting policy decisions and investor confidence worldwide.

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Central banks face challenges amid economic uncertainty, impacting policy decisions and investor confidence worldwide.

In Short:
Central banks are grappling with economic uncertainty, prompting various interest rate cuts globally to stimulate growth. Many central banks, including those in Norway, Sweden, and Japan, are adjusting rates in response to inflation and trade concerns, while others like the Federal Reserve and the Bank of England are considering future cuts.

Central banks are facing significant uncertainty concerning economic growth and inflation, making their policy decisions increasingly challenging as they approach the end of their rate-cutting cycles.

This uncertainty is also impacting investors. Recently, Norway’s central bank surprised markets with an interest rate cut, while the U.S. Federal Reserve cautioned against relying heavily on its policy projections.

The Swiss National Bank responded to decreasing inflation and economic unpredictability by reducing its benchmark rate to 0% but may consider further cuts. The Bank of Canada has maintained its rate at 2.75%, suggesting a potential future cut in light of tariffs affecting the economy.

Sweden’s central bank cut its key rate as well, aiming to stimulate growth amid weak price pressures.

In New Zealand, expectations are for rates to remain steady after a recent reduction to protect its economy from global trade uncertainties. The European Central Bank has also cut rates, considering further adjustments to meet inflation goals.

The Federal Reserve is keeping rates steady, although further cuts are anticipated due to low inflation. In Britain, the Bank of England held rates but may continue cuts in response to weak labour indicators.

The Reserve Bank of Australia is prepared for rate cuts due to weak growth data and trade tensions, while Norway’s central bank has been cautious with its recent decision. The Bank of Japan remains the only bank in a tightening phase, balancing escalating tensions and tariff concerns with its monetary policies.

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Fed signals slower cuts amid rising risks

U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.

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U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.


At its latest meeting, the U.S. Federal Reserve revised its economic forecasts downward, with growth trimmed, inflation nudged up, and unemployment expectations now higher.

Despite this gloomier outlook, the Fed still sees two rate cuts in 2025, but just one in 2024 and one in 2026, a major dial-back from earlier projections.

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#FederalReserve #InterestRates #JeromePowell #Inflation #USEconomy #FedMeeting #tickernews

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