Growing trade and investment between their highly complementary economies ensures that Australia and China have a common interest in maintaining healthy bilateral relations. To be sure, Canberra and Beijing say “no” to one another every day of the week on consular matters of one kind or another. From time to time Canberra also vetoes Chinese investments. While some of these denials have led to awkward moments none has had an appreciable bearing on the underlying relationship or entailed serious consequences for the trade and people-to-people ties that bring Australia and China closer together year by year.

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