China suspends economic agreement with Australia

China has also accused some officers of Australia of "cold war mindset" and "ideological discrimination", vowing that the country will "indefinitely suspend all activities under the framework" under this agreement.

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In a tit-for-tat move, China has suspended an economic agreement with Australia a few weeks after Canberra scrapped a Belt and Road infrastructure pact.The China-Australia Strategic Economic Dialogue has been suspended “based on the current attitude” of the Australian government, China’s National Development and Reform Commission said in a statement Thursday.

China has also accused some officers of Australia of “cold war mindset” and “ideological discrimination”, vowing that the country will “indefinitely suspend all activities under the framework” under this agreement.

Australia had, at one point, described this accord as a “premier bilateral economic meetings with China”. However, with time the relations between the two countries have hit a low point, leading to Australian Prime Minister Scott Morrison scrapping the Belt and Road Initiative between China and the state of Victoria.This decision by the Morrison government had angered China, who had warned Australia about consequences and had claimed the pullout from BRI will cause “serious harm” to the relationship between the two countries.

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