Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Headlines

China accuses Australia of 'hyping' Chinese naval drills

Published by Global Banking and Finance Review

Posted on February 23, 2025

Featured image for article about Headlines

SHENZHEN, China (Reuters) - China defence ministry spokesperson Wu Qian said on Sunday that Australian complaints over recent Chinese live-fire naval drills in international waters between Australia and New Zealand were "hyped up" and "inconsistent with the facts".

Australia Defence Minister Richard Marles said on Saturday that Beijing had failed to give satisfactory reasons for what he called inadequate notice for live-fire drills a day earlier, which he said had forced airlines to divert flights.

Qian said in a post from the Chinese defence ministry that China had issued repeated safety notices in advance, and that its actions complied with international law and did not affect aviation flight safety.

"Australia, fully knowing this, made unreasonable accusations against China and deliberately hyped it up," Qian's post said. "We are deeply surprised and strongly dissatisfied."

New Zealand said on Saturday it had also observed the Chinese navy conducting a second day of live-fire exercises and that it was monitoring a fleet of Chinese vessels.

(Reporting by David Kirton; Editing by Tom Hogue)