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    Thesun 2009-08-21 Page15 Australia-China Ties Full of Challenges

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    1) Australian Prime Minister Kevin Rudd described relations with China as challenging, after tensions arose between the major trading partners over issues like China's detention of an Australian mining executive. 2) Rudd played down reports that Australia's ambassador to China had been called back for talks, saying such consultations were routine, but acknowledged tensions were inevitable given differences between the countries. 3) Recent tensions have also included Australia's decision to allow a visit by Uighur dissident Rebiya Kadeer, whom China accuses of being a separatist terrorist. Rudd said managing the relationship required negotiating such "bumps in the road."

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    Thesun 2009-08-21 Page15 Australia-China Ties Full of Challenges

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    1) Australian Prime Minister Kevin Rudd described relations with China as challenging, after tensions arose between the major trading partners over issues like China's detention of an Australian mining executive. 2) Rudd played down reports that Australia's ambassador to China had been called back for talks, saying such consultations were routine, but acknowledged tensions were inevitable given differences between the countries. 3) Recent tensions have also included Australia's decision to allow a visit by Uighur dissident Rebiya Kadeer, whom China accuses of being a separatist terrorist. Rudd said managing the relationship required negotiating such "bumps in the road."

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    1) Australian Prime Minister Kevin Rudd described relations with China as challenging, after tensions arose between the major trading partners over issues like China's detention of an Australian mining executive. 2) Rudd played down reports that Australia's ambassador to China had been called back for talks, saying such consultations were routine, but acknowledged tensions were inevitable given differences between the countries. 3) Recent tensions have also included Australia's decision to allow a visit by Uighur dissident Rebiya Kadeer, whom China accuses of being a separatist terrorist. Rudd said managing the relationship required negotiating such "bumps in the road."

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    Thesun 2009-08-21 Page15 Australia-China Ties Full of Challenges

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    Impulsive collector
    1) Australian Prime Minister Kevin Rudd described relations with China as challenging, after tensions arose between the major trading partners over issues like China's detention of an Australian mining executive. 2) Rudd played down reports that Australia's ambassador to China had been called back for talks, saying such consultations were routine, but acknowledged tensions were inevitable given differences between the countries. 3) Recent tensions have also included Australia's decision to allow a visit by Uighur dissident Rebiya Kadeer, whom China accuses of being a separatist terrorist. Rudd said managing the relationship required negotiating such "bumps in the road."

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    of 1

    theSun | FRIDAY AUGUST 21 2009 15

    business KLCI
    STI
    1,163.43
    2,559.57
    7.90
    36.79
    Nikkei
    TSEC
    10,383.41
    6,733.23
    179.41
    55.35
    Hang Seng 20,328.26 374.63 KOSPI 1,576.39 30.43
    SCI 2,911.58 126.00 S&P/ASX200 4,377.50 3.70

    Australia-China ties ‘full of challenges’


    EXCHANGE RATES August 20, 2009 SYDNEY: Australian Prime Minister Kevin The prime minister, a Man-
    Rudd described relations with China as chal- darin-speaking Sinophile who
    Foreign currency Bank sell Bank buy Bank buy lenging yesterday, after a series of bruising came to office promising closer
    TT/OD TT OD rows strained diplomatic ties between the relations with the communist-
    1 US DOLLAR 3.5670 3.5020 3.4920 major trading partners. ruled Asian giant, said tensions
    Rudd played down media reports that were inevitable between na- whom Beijing accuses of being a separatist
    1 AUSTRALIAN DOLLAR 2.9980 2.8670 2.8510
    Australia’s ambassador to China, Geoff tions that had different values. terrorist.
    1 BRUNEI DOLLAR 2.4730 2.4110 2.4030 Raby, had been called back to Canberra “The China-Australia relationship is “Our challenge in managing this rela-
    1 CANADIAN DOLLAR 3.2660 3.1860 3.1740 for emergency talks on the deteriorating always full of challenges and can I say it tionship is simply to negotiate those bumps
    1 EURO 5.0900 4.9670 4.9470 relationship, but said he would try to make always has been thus and it will be thus for in the road as they occur,” Rudd said.
    1 NEW ZEALAND DOLLAR 2.4390 2.3320 2.3160 time to meet the top diplomat. a long time to come,” he told reporters. Resource-rich Australia has benefited
    1 PAPUA N GUINEA KINA 1.4740 1.2070 1.1910 He said Ambassador Raby’s trip to Can- Recent frictions have stemmed from from Chinese demand for raw materials
    berra was nothing out of the ordinary and China’s detention of an Australian mining to fuel its industrialisation, with the trade
    1 SINGAPORE DOLLAR 2.4725 2.4110 2.4030
    diplomats often returned home for consulta- executive and Canberra’s move to allow relationship worth US$58 billion (RM208
    1 STERLING POUND 5.9160 5.7730 5.7530 tions. a visit by Uighur dissident Rebiya Kadeer, billion) last year. – AFP
    1 SWISS FRANC 3.3560 3.2750 3.2600
    100 ARAB EMIRATES DIRHAM 98.8500 93.6200 93.4200
    100 BANGLADESH TAKA 5.3400 5.2100 5.0100 KL market summary AUGUST 20, 2009

    100 DANISH KRONE 70.4300 64.7200 64.5200 INDICES CHANGE


    100 HONGKONG DOLLAR
    100 INDIAN RUPEE
    46.8400
    7.6200
    44.3600
    7.0000
    44.1600
    6.8000
    Shares end firmer CONSTRUCTION
    CONSUMER
    222.23
    352.31
    + 1.56
    + 2.01
    CONTINUOUS interest on heavyweights and level. “If we look back the past three days, FBMACE 4,201.57 + 27.02
    100 INDONESIAN RUPIAH 0.0375 0.0314 0.0264 lower liners prompted share prices on Bursa the market did not really move. The uptrend is FBMEMAS 7,865.11 + 57.26
    100 JAPANESE YEN 3.7960 3.7050 3.6950 Malaysia to close firmer yesterday amid the just because the market is trying to maintain FBM-KLCI 1,163.43 + 7.90
    lack of fresh market-moving news locally, itself at the current level,” Phua Kwee Hock FBMSHA 8,139.16 + 51.24
    100 NORWEGIAN KRONE 60.8400 55.8700 55.6700 FINANCE 9,405.80 + 49.96
    100 PAKISTAN RUPEE 4.4100 4.1300 3.9300 dealers said. of SJ Securities said. INDUSTRIAL PRODUCT 89.85 + 0.64
    100 PHILIPPINE PESO 7.5300 7.0800 6.8800 An analyst said sentiments remained “It will be only a small technical rebound INDUSTRIAL 2,562.49 - 1.98
    intact, as investors were anticipating good as it needs a fresh catalyst to boost the MINING 342.47 + 2.03
    100 QATAR RIYAL 99.5000 94.6500 94.4500 news from the US later yesterday. market.” PLANTATIONS 5,824.60 + 64.82
    100 SAUDI RIYAL 96.6000 91.8900 91.6900 He said the US Federal Reserve was ex- At close, the Finance Index was up 49.96 PROPERTIES 775.48 + 5.79
    100 SOUTH AFRICAN RAND 46.2200 42.3100 42.1100 pected to release a positive regional manu- points to 9,405.8, the Plantation Index added TECNOLOGY 16.69 + 0.03
    TRADING SERVICES 153.65 + 1.06
    100 SRI LANKA RUPEE 3.2300 2.9600 2.7600 facturing activity data last night. 64.82 points to 5,842.6 but the Industrial Index
    100 SWEDISH KRONA 51.5700 46.8900 46.6900 The local market could go up further but decreased 1.98 points to 2,562.49. Gainers led TURNOVER VALUE
    100 THAI BAHT 11.2400 9.5200 9.1200 the upside is expected to be limited in a tight losers 438 to 213 while 213 counters closed 684.661mil RM982.338mil
    range trading between the 1,150 to 1,170 unchanged. – Bernama
    Source: Bernama

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