Business
RBA governor urges Australia and China to maintain strong relations – Sydney Morning Herald
In his most direct comments on the multi-billion dollar diplomatic dispute to date, Philip Lowe says the relationship is “mutually advantageous”.
The comments follow Treasurer Josh Frydenbergs offer of renewed engagement with Beijing on Wednesday, as diplomats grapple with twin objectives: maintaining a military deterrent to Chinas regional aggression through a new defence agreement with Japan, while keeping economic lines with China open.
Mr Frydenberg told The Australians Strategic Forum on Wednesday that Australia stood ready to engage in respectful and beneficial dialogue with the Chinese Communist Party.
The fact that we have different…
-
Business22 hours agoUS markets swung wildly last night. How extreme volatility can be a gift to ASX investors
-
Business6 hours agoHow I’d build a $100,000 ASX portfolio from scratch
-
General12 hours agoVolodymyr Zelenskyy claims Chinese soldiers fighting alongside Russians in Ukraine
-
General18 hours agoHow what happens on financial markets affects the broader economy