Australia’s China ties at record lows despite diplomatic fix

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“We are trying to find some new areas for engagement – don’t just think you are going to go back to the way things were. We might capture back some of our markets from the Argentinian and the French in wine, but we have to think about some new areas.” Chinese investment in Australia has been declining since 2016, a trend which is expected to continue as the country’s economic growth slows and Xi’s government ramps up efforts to stop capital leaving the country. Last year, state-owned and private Chinese company investment in Australian companies fell 36 per cent to...