China scraps China-Australia Strategic Economic Dialogue as tensions escalate

China has accused the Australia of 'insane suppression' and cut off all economic talks after Victoria's Belt and Road deal was torn up. 

China's Ministry of Commerce in Beijing Mei Xinyu blamed the deteriorating relationship on the 'wildness of Australian politicians'.

'I cannot predict what further wild things the Australian side will do,' he said.

Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a 'Cold-War mentality and ideological bias' towards China. 

Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a 'Cold-War mentality and ideological bias' towards China

Insurance Loans Mortgage Attorney Credit Lawyer

Chinese Foreign Ministry spokesman Wang Wenbin accused Australia of having a 'Cold-War mentality and ideological bias' towards China

The dialogue was created in 2014 as a way for Australian politicians to meet with Chinese officials and discuss investment and trade deals - though it had begun to deteriorate after the last meeting was held in 2017

The dialogue was created in 2014 as a way for Australian politicians to meet with Chinese officials and discuss investment and trade deals - though it had begun to deteriorate after the last meeting was held in 2017

'We urge the Australian side to cast aside the Cold-War mentality and ideological bias, view China's development and China-Australia cooperation in a truly objective light, return to the rational track without further delay and correct its mistakes,' he said.

'It should stop the insane suppression targeting China-Australia cooperation, stop politicising and stigmatising normal exchange and stop going further down the wrong path.'

Beijing's National Development and Reform Commission announced on Thursday it would 'indefinitely' suspend the China-Australia Strategic Economic Dialogue.

The dialogue was created in 2014 as a way for Australian politicians to meet with Chinese officials and discuss investment and trade deals - though it began to deteriorate after the last meeting was held in 2017.

The move to suspend the dialogue is viewed as retaliation to the Australian Government's decision to scrap the $1.5 trillion Belt and Road Initiative that was struck between Victoria and China.

Foreign Minister Marise Payne announced on April 21 the government would not pursue the Belt and Road Initiative because it was 'inconsistent with Australia's foreign policy.'  

China has imposed heavy tariffs on a number of Australian exports as tensions between the two countries continue to grow (pictured, freighters are loaded with coal at Hay Point, Queensland)

Insurance Loans Mortgage Attorney Credit Lawyer

China has imposed heavy tariffs on a number of Australian exports as tensions between the two countries continue to grow (pictured, freighters are loaded with coal at Hay Point, Queensland)

She also

read more from dailymail.....

NEXT ‘Leave the building’: Texas Democrats walk out in voting rights battle mogaznewsen