Chinese envoy says relationship with Australia must be reset before solving trade issues

LOL, I don't know how CCP loons get up each morning gaslight themselves, their family then proceed to gaslight the world, and get to sleep at night. They broke the relationship, they refused to engage, basically pulled the plug on the phone, yet say it needs a reset. Just LOL...must be nice on CCP planet, no need to sleep it's full of gaslights hahaha.

@Pukey2, if an Australian firm accepts Renminbi in payment for goods sold to China, they can only use them to buy from China. Firms in other nations are not interested in taking payment in Renminbi for their goods. However if an Australian firm receives payment in US Dollars for goods sold to China, they can use those US Dollars to buy anything anywhere as the US Dollar is with very few exceptions accepted in payment for anything one may wish to buy.

No country "needs" China. Anything that China can provide, many other nations can as well. The entire world is decoupling from reliance on China.

Australia has accepted the "Yuan" as the monetary of iron ore trade paid by China. That was a good thing done by the Albanese admin.

Either yuan or Oz dollar is fine. As long as it's not American dollars. This has got nothing to do with America.

Australia has accepted the "Yuan" as the monetary of iron ore trade paid by China. That was a good thing done by the Albanese admin.

Yuan aka "Renminbi", the Chinese dollars.

Sh1mon

Australia needs China more than China needs Australia !