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The Relationship Between Australia And China Will Continue Challenging, According To New Australian Prime Minister Albanese

 The Relationship Between Australia And China Will Continue Challenging, According To New Australian Prime Minister Albanese



On Monday, Australia’s new Prime Minister, Anthony Albanese, said that the alliance between Australia and China seems to be difficult.

These comments were made during the swearing-in ceremony of Australia’s new Prime Minister, Anthony Albanese, a few hours before his travel to attend a summit with the USA, Japan, and Indian leaders, called the Quad, following this Monday.

In a general election on Saturday, the Albanese labour party defeated Scott Morrison's conservative government.

The Market Reaction

While keeping its level below 0.7100, the AUD/USD currency pair has reserved the majority of its prior gains and is up by 0.75% on the day.

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