Australia's Trade Minister Don Farrell will hold a meeting with his Chinese counterpart in Beijing this week, with hopes it could signal the trade turmoil between China and Australia will soon be over.
China's government has become more intolerant and authoritarian under Xi Jinping, and it's increasingly clear just how deep the differences between Beijing and Canberra run.
China has done everything possible to sink Australia's push to build nuclear-powered submarines under the AUKUS pact But the Chinese and Australian economies remain highly complementary. In other words, consumers and businesses in both countries want to buy things made, mined, farmed and sold by the other.
And there's another clear benefit here as well, because lifting those barriers would also obviously help the Australian farmers, wine makers and fishermen who are still hurting because of those sanctions.While many of the Australian products hit with trade barriers or sanctions are still effectively locked out of the Chinese market, there have been some signs that Beijing is willing to start letting some other Australian exports back in.
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