July 15, 2022 - 11:06 AM 247 views
Wang Yi, China's foreign minister, stated on Friday that there are now chances and difficulties for Beijing and Canberra relations.
China is eager to rebalance relations in a spirit of respect, Wang continued.
Earlier in the day, rumours circulated that China might be getting ready to lift its tacit embargo on the importation of Australian coal in August or September.
The Market Reaction
On hopes of a truce in the China-Australian rivalry, the AUD/USD is catching a new bid. The current price of the spot is 0.6755, up 0.13 percent today.
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