Original article by Jamie Seidel
News.com.au – Page: Online : 20-Mar-24
China’s Foreign Minister Wang Yi will visit Australia to hold talks aimed at removing the remaining punitive tariffs on Australian exports. Wang is also expected to push for the easing of restrictions on Chinese investment in Australia, as well as support for China’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. However, the talks have coincided with China’s growing push to reduce its dependence on iron ore exports from Australia. BHP CEO Mike Henry recently warned that Chinese-backed producers’ growing dominance of the nickel market could be replicated in the iron ore sector.
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CHINA. MINISTRY OF COMMERCE, BHP GROUP LIMITED – ASX BHP