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* Morrison says China and Australia “have a productive and warm relationship that is underpinned by strong fundamentals” * On trade, prime minister says that “Australia is in a unique position to engage with both China and the U.S. And should always seek to de-escalate tensions” (Sydney/Beijing) — While the media and commentators might talk about the Australian government’s concern over supposed Chinese efforts to influence its politics and national security issues, both countries have great mutual respect and a strong economic relationship, Australian Prime Minister Scott Morrison said. Morrison took office in August after infighting within the governing Liberal Party led to the resignation of his predecessor, Malcolm Turnbull.

Morrison’s country and China have enjoyed a warm economic relationship over several decades as the former’s vast mineral and metal reserves provided the raw materials for China’s economic transformation. Yet Morrison has taken power at a in the relationship as concerns have grown over several politicians’ involvement with figures tied to the Communist Party of China. Morrison was appointed just days after Chinese telecom giant said Australia banned it and hometown peer ZTE Corp. From providing 5G technology to the country. Morrison himselfin Australia while serving as treasurer for the nearly three years before he became prime minister. One of those blocked investments was a Chinese consortium’s attempted purchase of cattle empire S. Ltd., forcing foreign owners of Australian property to sell seven projects after a probe into illegal transactions, and rejecting two Chinese bids for the country’s biggest power grid, Ausgrid, due to security concerns.

Morrison spoke with Caixin about the state of Australia’s relations with China, his government’s approach to managing the ongoing U.S.-China trade tensions, and the contribution the country’s Chinese community has made to Australian life. Below are edited excerpts from Caixin’s interview.

Caixin: Arguably, Australia’s relationship with China has not been at a high point for the last year or two. Why do you think relations have soured, and what priorities do you have for improving Australia’s relations with China?

Morrison: I think we have a productive and warm relationship that is underpinned by strong fundamentals, and we have substantial economic complementarities. We also respect each other greatly. Our government is absolutely committed to our Comprehensive Strategic Partnership, which is strongly to the benefit of both partners and of our region. It’s obvious that China and Australia won’t always agree.

On occasion, we have different systems and different views, but it’s how we manage that which is important, and that we have respect, consistency and the principle of equality as we pursue shared interests. Currently, the U.S.

Is trying to decouple its economy from China as the trade war continues. Software per disposizione tavoli matrimonio. What is Australia’s approach to the situation? We continue to seek to work closely with both China and the U.S.

We have independent relationships with both countries, and I always believe it’s best to have those conversations directly and quietly in an encouraging and positive way because the prosperity and the security of our region depends on it. Australia is in a unique position to engage with both China and the U.S. And should always seek to de-escalate tensions, and to do so from a position of friendship with both countries. What is your approach to encouraging further Chinese and foreign investment in Australia?

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We’ve always welcomed foreign investment in Australia, including from China, which is an increasingly large investor, and we have the most liberal foreign investment rules in this part of the world. There are very clear rules about how to invest in the country, and we need to make sure we continue to be clear so that all investors understand how the rules apply, just as Australian investors need to work closely to understand the rules that apply in China. We will always encourage and support investment in Australia when it serves the national interest to do so, and that’s been our track record. Australia has stepped back from working with China on the Belt and Road Initiative. Will that create barriers to investment, especially in infrastructure?