This book examines the course of these changes in ChinaAustralia relationsfocusing on economics and trade in recent yearsIt offers an essential window into understanding the characteristics and dynamics of economic ties between China and Australia
About Author
Ding Dou,Economics Ph.D.,Associate Professor,Department of International Political Economy,School of International Studies,Peking University.
In as early as 1788,when three ships from Botany Bay visited Guangzhou,trade between China and Australia started.During more than one hundred years that followed,China—Australia trade stagnated with a small volume.
In 1949,the People’s Republic of China was founded.That was a milestone for China—Australia relationship.In initial periods of the People's Republic of China,the foreign trade policy Chinese govern—ment sought was self—sufficiency.Given the confrontation of Cold War,for a long time,China was little involved in trade with foreign countries and turned its back to the West.Nonetheless,even in the bleak period until 1972,China had some trade and economic connections with the Western world,including Australia.