China’s Xi: Healthy, stable development of China-Australia ties conducive to promoting stability

China’s state media is reporting comments from the country’s President Xi Jinping, as he welcomes the latest developments surrounding the Australia-China ties.

Key quotes

Healthy, stable development of China-Australia ties conducive to promoting, peace, stability and prosperity in Asia-Pacific.

Will to work with Australia to promote China-Australia comprehensive strategic partnership.

Market reaction

At the time of writing, AUD/USD is losing 0.14% on the day at 0.6667, unimpressed by the positive Sino-Australia headlines.