‘Ice thaws, but slowly’: Experts optimistic on China trade

Original article by Gus McCubbing
The Australian Financial Review – Page: Online : 23-Dec-22

Warwick Smith believes that Foreign Minister Penny Wong’s meeting with her Chinese counterpart Wang Yi will result in an easing of the $20 billion worth of trade sanctions that China imposed in Australia in 2020. Smith, who is the chairman of the Business Council of Australia’s global engagement committee, has described Wong as a "consummate diplomat". Taiwan-based Australian National University political analyst Wen-Ti Sung said he agrees with Wong’s comment that, in terms of trade, the "ice thaws, but slowly", while former Chinese diplomat Han Yang thinks Australia will have to make policy concessions to secure the release of Cheng Lei and Yang Hengjun, who are currently detained in China.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIAN NATIONAL UNIVERSITY

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