Albanese to raise concerns over Chinese steel dumping at roundtable
Anthony Albanese will raise Australian concerns over Chinese steel dumping as he urges industry leaders from both nations to work together to develop low-carbon steel production methods, AAP reports.
At a roundtable of Australian iron ore producers and Chinese steelmakers in Shanghai on Monday, Albanese will call on China to address an oversupply of steel in the global market.
Excess Chinese steel production – the result of prolonged economic stimulus and weak domestic demand – has flooded the international market in recent years, squeezing producers in places such as the US and Europe and precipitating allegations of dumping.
Australia imposed anti-dumping duties on steel imports from China but the World Trade Organization found they were improperly applied. Albanese will tell the roundtable this morning:
As both countries cooperate to advance decarbonisation, we also need to work together to address global excess steel capacity.
It is in both countries’ interests to ensure a sustainable and market-driven global steel sector.
Key events
Josh Butler
PM uses trip to launch new tourism campaign aimed at Chinese market
Anthony Albanese has used his China trip to launch a new tourism campaign meant to encourage more holidaymakers to visit Australia.
The PM wants to boost the country as a destination for Chinese visitors, further increasing the interest of a market already worth $9.2bn in tourism – Australia’s largest tourist market by expenditure.
In Shanghai, on the first full day of his trip on Sunday, Albanese was on hand as Tourism Australia and Trip.com Group signed a memorandum of understanding which “promotes Australia as a premier tourist destination for Chinese travellers as well as visitors from other key Asian markets”, according to his office. The PM’s office said:
This partnership will provide a significant boost for Australia’s tourism industry.
Trip.com is one of the world’s biggest travel networks, used by more than 300 million travellers globally – including huge numbers in China and through Asia. Albanese said:
Not only is Australia’s beef, barley, red wine and rock lobster the best in the world – we’re the best place in the world to come for a holiday.
Expanding our tourism relationship with China will mean more jobs for Australians and a boost for Australian businesses.
Albanese’s six-day China trip continues today with an expected meeting with China’s premier, Xi Jinping, on Tuesday.
Grace Kim wins golf major after dramatic final round
24-year-old Grace Kim produced one of the most astonishing golfing fightbacks in history to join Australia’s illustrious group of major champions, AAP reports.
Kim recovered from four shots behind in a most dramatic final round to clinch victory over world No 2 Jeeno Thitikul on the second playoff hole at the Evian championship in France. Kim said after the astounding eagle-birdie-eagle finish:
I don’t know how it happened, really.
It’s a huge achievement for me. I’ve had a lot of doubts early this year. I was kind of losing motivation. I kind of had to get some hard conversations done with the team. Yeah, kind of had to wake up a little bit.
So to be sitting here next to this trophy is definitely surreal.
Good morning
Good morning and welcome to Monday’s live news blog. I’m Nick Visser and I’ll be taking you through the morning’s news.
Anthony Albanese – who is now in China – will raise Australian concerns over Chinese steel dumping as he urges industry leaders from both nations to work together to develop low-carbon steel production methods. The PM has also launched a new tourism campaign to encourage more holidaymakers from China to visit Australia.
In response to an exclusive Guardian story, the New South Wales Greens MP Sue Higginson has described the deaths of seven out of 13 koalas in a conversation project as “deeply disturbing, tragic and cruel”.
And Jannik Sinner has exorcised the wretched memory of his painful French Open title capitulation by defeating his great young rival Carlos Alcaraz.
