综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Clock ticking for Australia on a "truly great" China FTA

(Xinhua) Updated: 2014-04-28 16:16

SYDNEY -- It has been two weeks since Australian Prime Tony Abbott returned from an economically historic turn around the Asian neighborhood, deftly securing trade pacts with South Korea and Japan. Yet a free trade agreement (FTA) with China, representing an opportunity several orders of magnitude greater than both deals combined, remains - after nine fruitless years - unfulfilled.

But a resolution, according to China's Foreign Ministry, is firmly in Abbott's grasp.

Trade specialists here have been counting the days since China, on the 16th of this month, called on Australia to act fast to facilitate inbound investment for Chinese businesses enthused by the obvious synchronicity between the two major economic partners.

The gravity of Chinese trade to Australia has been apparent throughout the Australian economy for more than a decade - a fact to which the Australian prime minister and long-term rival of former mandarin speaking Australian leader Kevin Rudd - would be keenly attuned.

To soften the blow of any expectations of a free-trade trifecta, Abbott called his meetings with Chinese Premier Li Keqiang as one of deepening friendship - rather than merely cutting a trade deal.

These blurred lines of intent may go down easily enough domestically, where nine years of delay have generated an exhausted ambivalence toward free-trade progress, but certainly not in China where cooperation and long-term collaboration prove the value of partnership.

So China's Foreign Ministry spokeswoman Hua Chunying's terse description of Australia's opaque investment terms at a daily press briefing indicates more than just a bipartisan agreement to "speed things up."

"We expect Australia to create a fairer environment and more convenience for Chinese business investment and operation."

Hua said unequivocally that China-Australia collaboration in trade and investment has to be mutually beneficial.

"We welcome more Australian businesses' investment in China," Hua said, giving the initiative with Mr Abbott to deal with the well-known structural obstacles concerning foreign investment.

Regulatory filters on either side are variously lost in translation, however the Foreign Investment Review Board (FIRB) in Australia now requires in-house stamped approval for investments of any amount from any state-owned enterprises (SOEs) clearly targeted at China's economic frontline.

The move not only provides an additional level of bureaucracy for China's largest investors in Australia, but also empowers a mercantile approach from the Treasurer's office which is more or less beholden to an electorate's mood.

Chinese negotiators have sought both clarification and a higher threshold, seeking exemption for investments under 1 billion Australian dollars.

 Clock ticking for Australia on a Clock ticking for Australia on a
AustraliaOKsChina'sState Grid'sinvestment  Top 10 trading partners of the Chinese mainland 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
炉霍县| 西峡县| 临漳县| 黑水县| 青龙| 菏泽市| 涟源市| 华池县| 英山县| 和政县| 龙江县| 福州市| 钟祥市| 曲靖市| 同德县| 元朗区| 阿瓦提县| 内黄县| 长沙县| 哈尔滨市| 平罗县| 云南省| 章丘市| 永康市| 洛隆县| 南通市| 贵州省| 洛阳市| 泾源县| 平湖市| 绿春县| 怀远县| 江油市| 礼泉县| 永宁县| 乐业县| 彩票| 遵义市| 清水河县| 山阴县| 东乡县|