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

News Snapshot:

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...