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“China stands ready to work with the new Australian government led by Prime Minister Albanese and, under the fundamental guidance provided by the important common understandings between the leaders of the two countries, continue advancing a more mature, stable, and productive comprehensive strategic partnership,” the ministry said.
This would be done to benefit both countries and “contribute positively to the peace and stability of the region and beyond”, it said.
The Australian federal election campaign took place amid turmoil from US President Donald Trump’s unveiling of tariffs on almost all countries.
Australia, a major US security ally in the Indo-Pacific region, was exempted from Trump’s tariffs during his first presidential term but under the new policy, Australian exports to the US would attract a blanket duty of 10 per cent – well below the sky-high tariffs on Chinese exports.
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But China is Australia’s biggest trading partner and on Sunday, Australian Treasurer Jim Chalmers said the government’s immediate focus would be to protect Australia from the “dark shadow” the US-China trade war had cast over the global economy.
