China suspends economic accord with Australia
India Today
China "indefinitely" suspended on Thursday all activity under a China-Australia Strategic Economic Dialogue, its state economic planner said, the latest setback for their strained relations.
China said on Thursday it had suspended an economic agreement with Australia, in an apparent tit-for-tat response to Canberra's scrapping of a Belt and Road infrastructure pact and threat to undo a deal leasing Darwin Port to a Chinese company. Relations between the two sides have collapsed into acrimony after Canberra called for an independent probe into the origins of the coronavirus pandemic and banned telecoms giant Huawei from building Australia's 5G network. China -- Australia's biggest trading partner -- has already imposed tariffs on more than a dozen key industries, including wine, barley and coal, decimating exports.More Related News