EmerioBanque

China eyes defense ties reboot with Australia despite Taiwan tensions

Wednesday, China’s Ambassador to Australia asked both countries to work harder to resume the paused defense ties and at the same time he swiped over Canberra’s response to Taiwan’s weekend election. 


Xiao Qian ignored the concerns regarding Nauru breaking diplomatic ties with Taiwan this week and he also pointed to Japan for a naval incident that happened last year where Australian divers got injured by sonar, which was connected to a Chinese warship earlier. 

Chinese-Australian military cooperation and relations have been sourced over calls and the Australian prime minister has declared an independent investigation to find the origins of Covid-19. One of the diplomats said they would like to see more engagement and interactions between the defense people of both countries. 


Xiao said that there was the presence of a third-country boat during the naval incident. He added that Australian colleagues could find out the truth behind the incident. He attacked a statement from the Australian Foreign Ministry that appreciated Taiwan’s president-elect and said that the Taiwanese people are exercising their democratic rights peacefully. 


Xaio said that they strongly oppose the statement by the government on China’s local election. He added that nothing would change regardless of what happens in Taiwan. Taiwan belongs to China and is accountable to China. China-Australia relations haveimproved over the last year, with Beijing backing out of its many punitive trade barriers. 


Both countries are now having productive communication and making vital developments in resolving trade barriers including tariff lifting on Australian Wine, Xiao added. He requested Australia for duty-free entry of Chinese wind towers. When asked about the timing of disagreement for wine duties, Xiao said he expect in coming months all the processes will be finished and both countries will come to the conclusion. 






Other news

Exchange Rates

Currency Buy Sell
EUR USD 1.06 1.10
EUR GBP 0.86 0.89
EUR CHF 1.02 1.06
EUR AUD 1.72 1.70
EUR JPY 116.08 116.56
EUR MYR 4.50 4.77
EUR SGD 1.53 1.57
EUR HKD 8.27 8.53
EUR CAD 1.54 53.84
EUR DKK 9.75 1.55

Most Recent Blogs View All Blogs

08 Feb

Blockchain's Impact on Trade Finance: Shaping Global Commerce

Trade financing facilitates global commerce but involves antiquated systems reliant on manual paperw...

06 Feb

India's Trade Dynamics Amidst the Red Sea Crisis

As of now, there has been no significant impact on India's exports and imports owing to the crisis i...

31 Jan

Choosing the Right Trade Finance Instrument for Your Business

Understanding Trade FinanceTrade finance facilitates transactions and lowers risks for buyers and se...

Disclaimer

Emerio Banque is an innovative global financial institution incorporated in England and Wales with Legal Entity Identifier 875500DGPPWAFABBK130. Emerio Banque does not offer its products and services to businesses and/or persons registered in the United Kingdom.

No information on this website should be construed as a solicitation, offer, recommendation, and representation of suitability or endorsement of any security, investment or strategy.

Important Notice

Emerio Banque would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services offered by us or any intermediary bearing similar names. You should verify with Emerio Banque by calling our Customer Service Number on +44 203 059 7831 or emailing help@emeriobanque.com

Please also be aware of bogus SMS messages and voice message calls or fraudsters who impersonate the staff of Emerio Banque.

We have recently become aware of a number of entities with different names misrepresenting themselves as associates, partners or agents of Emerio Banque.

Please be informed that Emerio Banque is not associated with nor do we have any business connections or dealings with such institutions.

Emerio Banque takes all information regarding suspicious fraudulent activity very seriously. Please immediately inform us at compliance@emeriobanque.com if you suspect or are approached by persons misrepresenting or impersonating Emerio Banque and/or its officials. We will make investigations and will take legal action where necessary.