AN OVERVIEW OF SINO‐AUSTRALIA TRADE AND INVESTMENT Available to Purchase

People's Republic of China's (P.R.C.) view of its relationship with other countries has changed totally in recent years. It is now steering a “middle path” with the extreme attitudes of the past being overcome. PRC President Jiang Zeming in a speech during his recent visit to Russia said, “it has become a proven fact that neither confrontation nor alliance conforms to the fundamental interests of the two peoples”. Former slogans, popular in 1960's/1970's, such as “Down with US imperialism and Soviet revisionism! and phrases like “comrade plus brother and friendship built up by blood and flesh”, are no longer heard in recent years.