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China lashes Australia over blocking Victoria Belt, Road Initiative

China lashes Australia over blocking Victoria Belt, Road Initiative

Beijing, Apr 22 (Prensa Latina) China has reacted angrily Thursday to Australia's blocking Victoria Belt and Road Initiative deal, branding the decision as provocative and unreasonable.
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China warned that Australia´s latest move is bound to bring further damage to bilateral relations, and will only end up hurting itself, the Chinese embassy said in yet another reason.

On Wednesday, Australia´s Foreign Minister Marise Payne announced the move by saying she strongly believes the arrangements were ¨inconsistent with Australia´s foreign policy, adverse to our foreign relations.¨

The federal government used its new veto powers for the first time.

China launched Victoria´s Belt and Road Initiative in 2013, inspired by its ancient trade routes and with the aim of linking with an array of nations through a great platform of exchange, modern infrastructure and coordinated policies that lead to the balanced growth of the planet. ef/pll/msm/ymr

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