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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.
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CHINA-Albanese Seeks To Tread Fine Diplomatic Line In 4-6 Nov Trip
(MNI) London - Australian Prime Minister Anthony Albanese begins a crucial visit to China on 4 November as he seeks to put Sino-Australian relations on a more even keel. Albanese is expected to attend the opening of the China International Import Expo in Shanghai on 5 Nov ahead of talks with President Xi Jinping and Premier Li Qiang in Beijing on 6 November.
- The trip will be the first by an Australian PM to China since Liberal party PM Malcom Turnbull in 2016. Since then relations have steadily deteriorated, reaching a nadir under Albanese's immediate predecessor Scott Morrison amid diplomatic spats over the South China Sea, alleged interference in domestic politics, accusations around the origin of COVID-19, and trade restrictions/tariffs on ~AUD20bn (USD13bn) of Australian agricultural and commodity exports to China.
- Albanese's centre-left Labor gov't has sought to tread a fine line between on one hand improving relations with Canberra's largest trading partner, while at the same time deepening defence and diplomatic ties with the US and its partners exemplified by the AUKUS alliance and the Quad forum.
- The FT notes: "Few observers expect the trip to generate meaningful bilateral developments, though announcements are possible on co-operation in areas such as green energy and climate change alongside a commitment to increasing trade."
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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.