China's Envoy to Australia Xiao: Aussie-Sino relationship witnessed a turnaround in 2022

Chinese Ambassador to Australia Xiao Qian talks up the relationship between Australia and China.

Key quotes

In 2022, the Australia-Sino relationship experienced a turnaround.

The relationship has been constructive so far.

Market reaction

AUD/USD is holding higher ground on the upbeat comments, trading at 0.6925, up 0.20% on the day.