Australian PM Julia Gillard begins three - day visit to China Friday . Australia hopes to secure major currency conversion deal with China . Foreign Minister Bob Carr told ABC television that Australia will seek information from the Chinese leadership . ` Currently , Chinese and Australian companies must use Australian currency as intermediary for trade . Deal would be step towards full convertibility of Chinese currency on international markets .
Australian PM Julia Gillard begins three - day visit to China Friday . Australia hopes to secure major currency conversion deal with China . Currently , Chinese and Australian companies must use Australian currency as intermediary for trade . Deal would be step towards full convertibility of Chinese currency on international markets .