GPS News  
TRADE WARS
Australia to grant 10-year visas for Chinese
by Staff Writers
Beijing (AFP) April 14, 2016


Australia is granting 10-year visas to some Chinese nationals, its prime minister said on Thursday, seeking to boost visits to a country that already attracted more than one million Chinese tourists last year.

Australia will for the first time offer visa applications in Chinese and online, Malcolm Turnbull said as he kicked off a visit to China which publically avoided divisive issues such as the South China Sea and human rights.

"We're also trialling 10-year validity visas, again for the first time, here in China," Turnbull said in the commercial hub of Shanghai, without specifying what kinds of traveller could apply.

There was no indication that the concession was reciprocal.

Australia is one of the few developed economies to run a trade surplus with China, thanks to exports of raw materials such as iron ore on a gigantic scale, but it is seeking to diversify its resources-weighted economy in the face of falling commodities prices.

Turnbull met with Chinese Premier Li Keqiang later Thursday in Beijing where they watched representatives of Rio Tinto and Sinosteel sign an agreement to extend their mining joint venture.

The agreement comes even as China faces intense criticism from European steelmakers who accuse it of dumping surplus capacity on world markets.

Australia valued its bilateral trade with China at Aus$150 billion ($115 billion) last year, and the two nations in December put into effect a free trade agreement to open markets further.

According to Chinese Customs figures, Australia had a trade surplus of around $33 billion with China in 2015.

Despite Australia's financial dependence on the world's second-largest economy, it remains a staunch political ally of the United States in the Asia-Pacific. Washington is reportedly in talks to station strike bombers in Australia, a US general said in March, amid concerns about Beijing's moves in the disputed South China Sea.

Turnbull made little mention of divisive political issues in his public remarks in Shanghai though he mentioned China's "long journey" towards the rule of law.

The prime minister -- who was accompanied by a giant business delegation -- praised China's economic development but acknowledged the impact of its slowing growth.

"We have to work harder, much harder, to strengthen and expand these business links, as our economies continue to transition," Turnbull said in speech at a business event.

"I'm here to help Australian exporters open doors which had been locked," he said, adding his government was watching the implementation of recently announced regulations regarding tax on cross-border e-commerce transactions.

Reports said the rules could see Australian shipments of products including lucrative dairy and vitamin exports turned back at China's border.

Turnbull also witnessed the signing of an agreement which aims to bring Australian rules football to China with a match in 2017.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
TRADE WARS
China exports rise for first time in nine months
Beijing (AFP) April 13, 2016
Chinese exports surged in March, the first gain in nine months and the latest positive data out of the world's number two economy, but analysts warned Wednesday's headline figure masked ongoing weakness in overseas demand. Official figures showing a better-than-expected jump in shipments abroad come just days after another strong inflation reading and last week's surprise jump in an index of ... read more


TRADE WARS
Fertilizer's legacy: Taking a toll on land and water

AccorHotels to plant gardens, cut food waste

Changing monsoons contribute to lower tea yield in Chinese provinces

'Climate-smart soils' may help balance the carbon budget

TRADE WARS
Nano-control of light pioneers new paths

Advance may make quantum computing more practical

Novel way of transferring magnetic information

Cooling chips with the flip of a switch

TRADE WARS
Boeing, Iran airlines in talks on new aircraft sales

China's HNA makes $1.5-bn offer for Swiss air catering firm

L-3 Link given Polish F-16 training support contract

Rheinmetall, Embraer reach deal on KC-390 training devices

TRADE WARS
VW managers in hot seat over bonus payments

China auto sales up nearly 9% in March: industry group

VW says top executives ready to accept 'sharp cuts' in bonuses

Tesla recalls 2,700 Model X SUVs for seat problem

TRADE WARS
Sri Lanka hopes to raise $1 bn in Chinese bonds

China exports rise for first time in nine months

Europe 'negligent' over Chinese steel dumping: US boss

Britain urges China to cut steel production

TRADE WARS
Greenpeace protests Polish logging of Europe's last primeval forest

International network to spy on trees

US experimental forests chosen for US-China climate initiative

Major new project maps out woodland biodiversity

TRADE WARS
Thales, Airbus DS tapped for French military maps

Sentinel-3A feels the heat

UAE monitors Dubai coastline changeds since 2009

NASA, Japan make ASTER earth data available at no cost

TRADE WARS
A movie of the microworld: Physicists create nanoparticle picture series

NREL reveals potential for capturing waste heat via nanotubes

Nanoporous material's strange "breathing" behavior

Nanotubes line up to form films









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.