19 July 2019

Australia sees China free-trade deal by year-end, WSJ says

Australia hopes it can reach a free-trade deal with China within this year despite a chill in ties with Beijing over disputed Chinese territorial claims in the East China Sea, the Wall Street Journal reported Monday. Australian Prime Minister Tony Abbott was quoted as saying that he would visit China in April during a three-nation North Asia tour to try to break a deadlock on free-trade talks, which have moved at a slow pace since their launch in April 2005. The countries are at odds over China’s offer of improved access for Australian agricultural products, while Beijing wants more-generous foreign investment treatment, lower manufacturing tariff walls and smoother visa arrangements for Chinese in Australia, the Journal said. 

– Contact HKEJ at [email protected]


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