Big business toasts China reset, calls for Xi to visit Australia

Cochlear chief Dig Howitt welcomed the reopening of high-level talks between Australia and China, describing the mood at the business lunch as "buoyant". China is a key market for the hearing implant giant, which owns a manufacturing plant in the country's south-west. "It is important for us all to be pragmatic on the importance of the economic relationship with China and understanding we are different countries and will have diverging interests at times," he told The Australian Financial Review. Positive signal "We have been here for a long time, and we intend to be here for a long time, and…