Aussie dollar falls after China says to end 'strategic economic dialogue' with Australia

SYDNEY: The Australian dollar fell sharply after China's state planner said it would suspend indefinitely all activities under the China-Australia strategic economic dialogue mechanism.

Sino-Australia trade relations have deteriorated in recent months with China restricting or banning imports of Aussie goods including lobsters, wines, beef and coal.

The Aussie was last down 0.5% at $0.7706 from Wednesday's $0.7747.