Australia–China relations, often known as the Sino-Australian relations, refers to the relations between Australia and China. The first Chinese consulate in Australia was established in 1909, and diplomatic relations were established in 1941. Australia continued to recognise the Republic of China (ROC) government after it lost the Chinese Civil War and retreated to Taiwan in 1949, but switched recognition to the People's Republic of China (PRC) on 21 December 1972. The relationship between China and Australia has grown considerably over the years. Both countries are actively engaged economically, culturally and politically which spans numerous organizations such as APEC, East Asia Summit and the G20. China is Australia's largest trading partner, and has invested in Australian mining compan