Chinese Ambassador to Australia Xiao Qian talks up the relationship between Australia and China.
Key quotes
In 2022, the Australia-Sino relationship experienced a turnaround.
The relationship has been constructive so far.
Buying and selling of coal is a business.
it’s up to firms in Australia and China to make their own decisions.
Market reaction
AUD/USD is holding higher ground on the upbeat comments, trading at 0.6925, up 0.20% on the day.