China will hold high-level trade talks with Australia in coming weeks, according to state media, boosting hopes that it will pave the way for the easing of some of Beijing’s $20 billion tariffs on Australian exports.
China’s state news agency Xinhua said Trade Minister Don Farrell was expected to speak with his Chinese counterpart, Wang Wentao, in the “near future” after senior trade officials agreed to the talks on the sidelines of the World Economic Forum in Davos this week.
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David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
