Australia won't take sides in the US-China trade dispute, says former PM Gillard

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Australia won't take sides in the US-China trade dispute, says former PM Gillard
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The world can accommodate the U.S. in the global system and the rise of China, former Australian Prime Minister, Julia Gillard, told CNBC.

Asked which side Australia would take if forced to choose between Washington or Beijing in the trade dispute, Gillard replied: "We never want to be and will never put ourselves in that position."

"We are an ally of the United States of very long-standing. We are in a strong relationship with China in every sense — of course, in economic relationship, political and diplomatic relationship, people-to-people ties, education, the list goes on," she told CNBC'sThe U.S. is Australia's largest foreign investor, accounting for a quarter of its foreign investments in 2018,. China is Australia's ninth largest foreign investor — with 1.

"We believe, and I think mostly around the world, people believe that we can accommodate the U.S. in the global system in the way that we have historically known it, and the rise of China," said Gillard, who served as prime minister for three years, from 2010 to 2013.

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