China and Australia foreign ministers met – China says the two economies are complementary

Chinese Foreign Minister Wang Yi met with Australia’s Foreign Affairs Minister Penny Wong. Comments from the Chinese side:

• The economies of China and Australia are highly complementary and
  have great potential
• Stressed that since
  China-Australia relations are on the right track, we must not
  hesitate, deviate or turn back
• Regarding China’s
  sovereignty, dignity and legitimate concerns, we hope that Australian
  side will continue to abide by commitments it has made, respect and
  properly handle them
• The most important
  thing is to persist in seeking common ground while reserving
  differences
• Every time we meet,
  the mutual trust between two sides increases by one point, and
  China-Australia relations take a step forward
• Hope that the
  momentum of this good interaction will continue

–

Sounds great, if all a little hollow.

AUD benefits when Australian relations with China improve and Australia can export more to its huge neighbour.

Australian Foreign Affairs Minister Penny Wong with PM Albanese

This article was written by Eamonn Sheridan at www.forexlive.com.