Prime Minister Julia Gillard will lead the most senior Australian political delegation ever to visit China on Friday, underscoring the resource-rich nation’s growing economic dependence on its fast-growing partner.
Talks on trade and cross-border finance are expected to dominate meetings during the five-day trip. Ms. Gillard is expected to push for a deal allowing for China’s currency to be directly convertible into Australian dollars, and to seek deeper ties between the nation’s banking and finance centers.
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Enda Curran, Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/_0EJKOGtSMY/
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