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Australia shut door to China s olive branch, cancels BRI
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Australia shut door to China s olive branch, cancels BRI
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复旦研发指甲盖大小脑机芯片：重量不足3克，最大优势是无线
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China Blasts Australia’s Decision to Cancel Belt and Road Deal Bloomberg 3 hrs ago
(Bloomberg)
China has slammed Australia’s decision to cancel agreements between the Belt and Road Initiative and the Victoria state government, signaling a worsening of ties between the nations.
The Australian federal government scrapped both the memorandum of understanding and framework agreement signed between Victoria and China’s National Development and Reform Commission, Beijing’s top economic planning body, Foreign Minister Marise Payne said in an emailed statement Wednesday. She described the deals as “inconsistent with Australia’s foreign policy or adverse to our foreign relations.”
A woman walks in the rain in Sydney, Australia, March 20, 2021. Photo: Xinhua
BEIJING, April 22, Global Times - Australia has essentially fired a major shot in what could lead up to a potential trade conflict with China and could face serious consequences for its unreasonable provocation against China, Chinese experts said on Wednesday after Canberra moved to use what has been viewed as an anti-China law to revoke agreements signed between Victoria state and China on the Belt and Road Initiative (BRI).
By tearing up the agreements, Australia s federal government is not only going over its head to provoke China but also stepping over its state jurisdiction for its own political interests which could be a serious blow to both federal and local economies, observers said.