Australia’s free trade agreement with China heralds a renewed focus to diversify the country’s economy away from a reliance on mineral exports to soft commodities and intensifies competition in a “hotly contested” market. Australian Prime Minister Tony Abbott labelled the deal between New Zealand’s two-largest trading partners, “at least as good as New Zealand’s” while unnamed government officials said it gives …
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Aussies claim their China FTA is better than ours
Australia and China have completed free-trade agreement negotiations, in a deal which Australian government sources say secures better access for the country’s dairy exports than New Zealand’s. Australian trade and investment minister Andrew Robb and Chinese commerce minister Gao Hucheng will sign a declaration of intent this afternoon, after Prime Minister Tony Abbott and President Xi Jinping concluded talks in Canberra, the Australian …
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