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China offers pandas to improve ties with Australia

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  • China offers two new pandas to Australia
  • Pandas will replace the zoo's existing pandas
  • China seeks to increase its influence in the South Pacific
  • Mr Li's visit marks improving ties between the two countries
  • Beijing has lifted the tariffs on wine
360 summary
  • China seeks to increase its influence in the South Pacific, expanding security and economic ties with island states that are historically allied with Australia
  • Former Australian Prime Minister's call for an international inquiry into the origins of the Covid-19 pandemic in China led to Beijing imposing high tariffs, including on Australian wine
  • Australian Prime Minister Anthony Albanese is expected to bring up the case of imprisoned Australian democracy blogger Yang Hengjun during his meeting with Premier Li Qiang
bbc.combbc.com
  • China seeks to increase its influence in the South Pacific, expanding security and economic ties with island states that are historically allied with Australia.
  • Exports of Australian goods to China hit 219 billion Australian dollars ($144.4 billion) in 2023, higher than the $98.4 billion exported in 2019, before the COVID-19 pandemic and the imposition of tariffs according to data from the Australian government.
  • Australia is heavily dependent on China for its exports of raw materials, such as iron ore and liquefied natural gas, while China relies on Australia for goods like iron ore and LNG, highlighting the interdependence of the two economies.
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