Australia, China deepen ties with landmark free trade deal
Canberra
CHINA and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second-largest economy and one of Washington's closest allies in Asia.
The deal, which Australia called the best ever between Beijing and a Western country, will open up Chinese markets to Australian farm exporters and the services sector while easing curbs on Chinese investment in resource-rich Australia.
Australian Prime Minister Tony Abbott and Chinese President Xi Jinping signed a memorandum of understanding clinching the agreement during a ceremony in parliament in Canberra. "This has been a 10-year journey, but we have…
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