Free Trial

Australian Prime Minister Albanese To Meet With China President Xi Jinping

AUSTRALIA

Australian Prime Minister Albanese will meet with China President Xi Jinping on the sidelines of the G20 summit in Bali today. This comes after a breakthrough discussion over the weekend between Albanese and China Premier Li Keqiang, which was the first in-person talks between two leaders from both countries since 2019.

  • Albanese stated he would go into the discussions with goodwill and aimed for a constructive dialogue. This came after the China Premier stated China was prepared to meet Australia half-way to improve relations.
  • Albanese is not expected to demand an end to China sanctions, which currently cover a number of Australian exports - wine, barley etc (around A$20bn annually).
  • Still, it is hoped the meeting can pave the way for improved relations/dialogue, particularly after relations deteriorated under the previous Australian Government.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.