China indefinitely suspends its key economic dialogue with Australia

China indefinitely suspends its key economic dialogue with Australia
Representative Image: Unsplash

The ongoing diplomatic tussle between China and Australia has now taken a bitter turn. China has indefinitely suspended key economic dialogue with Australia.

This comes as the latest development in a major diplomatic rift between both countries.

Ties have been on a down curve since Australia called for a probe into the origins of the coronavirus. It has also banned Huawei from building its 5G network.

Earlier China had also imposed sanctions on Australian goods like wine and beef. China now accuses Australia of having a Cold War mindset.

Australia has described the China-Australia Strategic Economic Dialogue as one of the premier bilateral economic meetings with China.

Moreover, China had earlier informally stopped ministerial-level communication between the two countries.

China is Australia’s biggest trading partner. It accounts for 29 per cent of Australia’s trade with the world in 2019 as per the Department of Foreign Affairs and Trade.

ALSO READ: China Mocks India’s COVID-19 Situation On Social Media, Deletes Post After Backlash