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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 Albanese's 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.