Page 7 - Chen Xia News Today

While the US move to block Chinese companies from accessing high-performance AI chips is causing trouble for China’s tech sector, the pursuit of alternatives is opening up new opportunities for domestic chips and related applications.

As the knots in the dispute between China and Australia in areas such as trade are slowly untied, if Canberra cannot tackle the issue concerning AUKUS well and allow itself to continue to be hijacked by the US’ policy, this pact is likely to be an impediment to the China-Australia relations.

Trade between China and Australia reached $189.88 billion from January to October, up 4 percent year-on-year, according to statistics from the General Administration of Customs (GAC).

Under growing tensions in China-Canada relations due to a series of incidents, the outperformance of Canada’s exports to China is a demonstration of the resilience in China-Canada economic and trade cooperation.

While there is no doubt that Australian Prime Minister Anthony Albaneses visit to China is a symbolic event for China-Australia economic and trade exchanges, and a time to say goodbye to troublesome uncertainties and start a new chapter, the fact that there is still anti-China noise serves as an important reminder that improving mutual trust will require more efforts and an adherence to pragmatic cooperation.

The US is too selfish to think of the interests of other countries. Countries shouldn’t hold any belief whatsoever in US commitment. Look at Afghanistan and Syria, and now Ukraine. Who will be next?

While calling for Australia to withstand challenges and pressure from external forces, Chinese observers believe Australian Prime Minister Anthony Albaneses ongoing visit to China marks another historic moment in bilateral relations and imbues great significance in improving ties. They predicted that this landmark visit will pave the way for the two Asia-Pacific partners to resume summit diplomacy and facilitate more cooperation and strategic dialogue.

The China-Australia relationship is “mature” and “energized by the complementary nature of our economies,” Australias Prime Minister Anthony Albanese – the first Australian prime minister to visit China in seven years – said on Sunday at the opening of the 6th China International Import Expo (CIIE) being held in Shanghai, while Australia has dispatched the largest delegation ever with more than 250 companies exhibiting at the expo.

A “balance” strategy that leaves open the possibility of a sound, stable and prosperous partnership between the two countries is needed in Canberra now.

US proves with tightening restrictions that it is willing to do whatever it takes to hinder China’s technological development. But that doesn’t mean its allies will unconditionally follow such an extreme approach toward China.