Australia is set to block China Mengniu Dairy’s proposed A$600 million takeover of some of the nation’s biggest milk brands, as diplomatic and trade tensions push relations between the two countries to a new low. According to sources close to the transaction, Australia’s treasurer Josh Frydenberg...
Australia’s trade minister has welcomed potential changes to China’s inspection procedures and rules relating to iron ore shipments, a move which has been described as ‘another implicit warning to Australia’ by a Chinese research fellow. China’s customs authorities issued a notice over new supervising rules taking...
Trade Minister Simon Birmingham will witness the signing of business deals between Australian and Chinese companies worth AUS$15 billion at the Chinese International Import Expo in Shanghai. More than 150 Australian companies have participated in the international imports fair, which has served to improve relations between...