Australia’s Bi-lateral relationship with China

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Title: Australia’s Bi-lateral relationship with China
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Table of Contents
Introduction................................................................................................................ 3
Australia's bilateral relationship with China................................................................4
Economic relationship................................................................................................ 5
Strategic relationship................................................................................................. 6
Diplomatic relation..................................................................................................... 7
Conclusion.................................................................................................................. 8
References............................................................................................................... 10

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Introduction
Australia’s foreign relations are highly influenced as a leading trade nation. Australia has
a profound bilateral relationship with its allies. In addition, it is also donates for the aumanitarian
aid. After the 1960s the trade has majorly been shifted to Asia as most of the top trading partners
with Australia is located there. China and Japan serve as the largest trading partners in Australia.
The rules and regulations in Australia are created in such a way that it provides stimulating
growth, therefore, making the economy more dynamic and flexible.
Australia has a significant role in many trade-related forums like G20, APEC, and WTO.
They constantly work to improve their bilateral, unilateral and multilateral trade liberalization.
Australia has a free trade agreement with countries like China and Japan. A large amount of
trade comes from these FTAs which add to 67 percent of total two-way trade. China is the largest
export market for Australia. Australian companies that are operating overseas caters as a major