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    China relations

    Yesterday

    Xi Jinping and Vladimir Putin  review the honour guard during an official welcome ceremony.

    Xi tells Putin their nations’ ties should last ‘generations’

    The Chinese president said his country was “ready to work with Russia as a good neighbour, friend and partner with mutual trust”.

    • jing Li
    Air Vanuatu’s single Boeing 737-800 has been out of action since March.

    Liquidators say a ‘clearly’ broke Air Vanuatu owes at least $99m

    The airline had “a significant level of debt”, and employed “a high number of staff for an operation of [its] size and nature”.

    • Updated
    • Ayesha de Kretser

    This Month

    AFR GIF - Prime Minister Anthony Albanese and Treasurer Dr Jim Chalmers in-between television interviews at Parliament House in Canberra

    Time to fix budget’s structural deficit: accountants

    Accounting bodies say the federal budget should have done more to deliver substantive tax reform and a plan for implementation. Here’s how the day unfolded.

    • Updated
    • Gus McCubbing
    Clive Palmer says CITIC should not expect to get land free of charge.

    China’s biggest mine on Aussie soil makes $820m profit

    Chinese conglomerate CITIC made a profit of almost $820 million on magnetite operations in WA that it says are under threat because billionaire Clive Palmer refuses to hand over more land.

    • Brad Thompson
    The Warren Air Force Base in Wyoming.

    Biden orders Chinese crypto miner to sell land near US military base

    The US president ordered MineOne Partners and its associates to sell the land next to Warren Air Force Base in Wyoming within 120 days.

    • Demetri Sevastopulo
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    Why Australia could benefit from engaging with China on clean energy

    A new report provides the framework for a forward-looking Australia-China relationship, identifying vast potential for economic co-operation.

    • James Curran
    Iluka Resources managing director Tom O’Leary.

    Iluka boss calls out China’s infiltration of rare earths in Australia

    Tom O’Leary says China is trying to extend its global dominance in rare earths by controlling assets in Australia and rigging prices.

    • Updated
    • Brad Thompson
    Xi Jinping and Emmanuel Macron at a Franco-Chinese Business Council dinner.

    Xi urges Macron to help avoid a ‘new cold war’

    The Chinese leader told his French counterpart that the two nations should uphold mutual benefits, and jointly oppose decoupling and the disruption of supply chains.

    • William Horobin, Samy Adghirni and Li Liu
    The Chinese-owned Tianqi lithium hydroxide plant at Kwinana, south of Perth.

    It’s economically naive to cut China out of direct investment

    There may be more “like-minded” investors out there for Australia’s resources sector, but will they be as competitive and efficient as China has proven to be?

    • James Laurenceson

    Macron set to press visiting Xi on trade, Ukraine

    France is backing a European Union probe into Chinese electric vehicle exports and in January Beijing opened an investigation into imports of brandy.

    • John Irish and Ingrid Melander
    Image from video provided by the Philippine Coast Guard of one its vessels being sprayed by Chinese coast guard water cannons this week.

    Philippines summons Beijing envoy in South China Sea flare-up

    The Philippines has accused China of elevating tensions in the South China Sea after its coast guard used water cannon and damaged two vessels.

    • Mikhail Flore

    April

    Christopher Cash arrives at Westminster Magistrates Court ahead of a hearing over allegations of spying for China.

    Why China’s spies are being caught all over Europe

    A flurry of arrests this week reflect the continent’s newly toughened response to Beijing’s espionage activities and political meddling.

    • Andrew Higgins and Christopher F. Schuetze
    Michael Smith The Fin

    Why China’s slowing economy is Australia’s problem

    This week on The Fin podcast, North Asia correspondent Michael Smith talks about the changes in China over the past six years and what its slowing economy means for Australian prosperity.

    TikTok Australia general manger Brett Armstrong has rejected calls for the platform to be banned.

    TikTok Australia makes its first stand after US ban laws pass

    The US congress passed a bill on Wednesday requiring TikTok to be sold within a year or be banned in the country.

    • Nick Bonyhady
    Michael Smith (and dog Huey) outside his compound in Shanghai during China’s first lockdown in February 2020.

    In six and a half years I witnessed a dark pivot in China

    When I first landed in Shanghai on a freezing winter’s night in January 2018, China felt like a place bursting with optimism and opportunity.

    • Michael Smith
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    Treasurer Jim Chalmers on Bloomberg TV during his Washington visit.

    Chalmers says ‘big’ investment in subsidy plan won’t push up inflation

    Treasurer Jim Chalmers has defended the government’s green industry subsidies plan, joining other countries protecting itself from China’s race to the bottom.

    • Matthew Cranston
    Prime Minister Anthony Albanese

    National security committee to meet after stabbings: PM

    Anthony Albanese says violence and extremism has no place in Australia; Richard Marles reveals defence spending will crack $100 billion by 2034. How the day unfolded.

    • Updated
    • Gus McCubbing
    Prime Minister Anthony Albanese with Chinese Premier Li Qiang at the Great Hall of the People in Beijing in November.

    Chinese Premier Li Qiang tipped to visit Australia in June

    If confirmed, a June visit by Mr Li would follow Foreign Minister Wang Yi’s visit last month and China’s decision to lift tariffs on Australian wine.

    • Michael Smith and Andrew Tillett
    China is becoming more isolationist, data shows, despite improving ties with Australia.

    The data that reveals the truth about Australia’s China ties

    Although Australia’s relations with China have warmed, key metrics show economic ties are at their lowest levels in more than five years and are unlikely to bounce back.

    • Michael Smith
    Japan’s Prime Minister Fumio Kishida and his wife arrive in Washington to meet US President   Joe Biden.

    AUKUS partners eye adding ‘like-minded’ Japan to counter China

    The announcement from the AUKUS defence ministers came as Canada said it was considering joining the pact, signalling concern over threats from China.

    • Updated
    • Matthew Cranston