Premier Li Keqiang inspects the guard of honour during a ceremonial welcome ceremony outside Parliament House in Canberra Source: AAP
According to a Financial times report, Australia has rejected a Chinese push for a formal alignment of Canberras A$5bn state infrastructure fund with Beijings New Silk Road strategy, over concerns it could damage relations with the US at a time when it is asking Washington to do more in the region. The Chinese initiative, also known as One Belt One Road, envisages investing $4tn in port, road and rail projects overseas - and Beijing has been pressing Asia-Pacific economies to sign up to its vision. Alex and Ivan has invited Edmund Fung, Emeritus and Adjunct Professor of Asian Studies of School of Humanities & Communication Arts from University of Western Sydney, to explain whether Australia should be aware or to embrace the China one belt one road initiative.
According to a Financial times report, Australia has rejected a Chinese push for a formal alignment of Canberras A$5bn state infrastructure fund with Beijings New Silk Road strategy, over concerns it could damage relations with the US at a time when it is asking Washington to do more in the region. The Chinese initiative, also known as One Belt One Road, envisages investing $4tn in port, road and rail projects overseas - and Beijing has been pressing Asia-Pacific economies to sign up to its vision. Alex and Ivan has invited Edmund Fung, Emeritus and Adjunct Professor of Asian Studies of School of Humanities & Communication Arts from University of Western Sydney, to explain whether Australia should be aware or to embrace the China one belt one road initiative.
