The key to international trade is mutual benefit. Australia and Taiwan have complementary economies that ensure the need for each other’s products.
One of the first acts of the Whitlam Labor government in 1972 was to break ties with the Republic of China on Taiwan (ROC) and recognise the People’s Republic of China (PRC). The switch from Taipei to Beijing was a shock to the ROC. Since then, Australia and Taiwan have had no formal means of communication.[/…