Australia says elusive China trade deal close

Australia's Foreign Minister, Julie Bishop, speaks at a press conference during her visit to Singapore, on August 22, 2014Australia on Thursday said it hopes to complete an elusive free trade agreement with its top export partner China when President Xi Jinping visits in November. Bishop is due to host her Chinese counterpart Wang Yi in Australia on Sunday, and said Xi’s visit would be on the agenda. “We will be discussing President Xi Jinping’s visit during the G20 summit in November — and we hope that at that time we shall be in a position to conclude the negotiations for an FTA,” she was quoted as saying by The Australian newspaper. “China is Australia’s largest trading partner and an increasingly important source of investment.

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