China and Australia sign major trade agreement

0


Xi Jinping and Tony Abbott at the signing of the trade deal
Australia and China have signed a landmark free trade agreement, after almost a decade of negotiations.
The agreement will gradually open up markets to billions of dollars of new business between the two nations.
Just before it was signed, Xi Jinping made an unprecedented address to both houses of the Australian parliament.
The BBC's Rico Hizon reports from Singapore on what both sides stand to gain from the deal.