During a meeting at Parliament House, Chinese Premier Li Qiang and Australian Prime Minister Anthony Albanese discussed various issues, including trade barriers, military conflicts, and China's interest in investing in critical minerals. Li expressed optimism about the bilateral relationship, stating that it is on the right track of steady improvement and development. Albanese described the discussions as constructive, emphasizing the importance of cooperation while acknowledging differences.
Since Albanese's election in 2022, relations between the two nations have improved significantly, with most trade barriers imposed by Beijing in 2020 being lifted. The visit by Li, the first Chinese premier to visit Australia in seven years, presents an opportunity to continue dialogue and address outstanding issues.
Li's interest in Australia's critical minerals sector, particularly in renewable energy sources, was highlighted during the visit. Both countries share concerns over China's dominance in critical minerals and supply chains in the renewable energy sector. Australia has taken steps to safeguard its national interests, including ordering Chinese-linked companies to divest their shares in certain sectors.
While both leaders acknowledged the need to cooperate where possible, they also recognized the importance of addressing disagreements openly. Recent clashes between the two countries' militaries and past tensions over issues such as foreign interference and the COVID-19 pandemic were also discussed.
Despite China's desire for commitments from Australia, experts do not expect firm agreements to be reached during Li's visit. Australia's approach to rebuilding relations with China has been cautious, with some concessions made to avoid further escalation. The visit has attracted attention from various groups, including pro-China demonstrators, human rights activists, and democracy advocates.
