Ambassador Raby: Aussie growth from poor policy?
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Ambassador Raby: Aussie growth from poor policy?
MELBOURNE, 29 March 2011 – Australia’s exports to China and subsequent economic strength is perversely connected with poor economic policy in China, said Dr Geoff Raby, Australian Ambassador to China, at an Asialink - Asia Society AustralAsia Centre luncheon. “It’s easy to talk about rebalancing the Chinese economy … but much more difficult to actually do so, particularly when China limits the number of instruments it has at its disposal,” he said. Dr Raby said that there’s a big gap between Central Government intentions and what actually happens on the ground, which has given Australia’s mining and energy sectors tremendous opportunities for growth. For more Asialink video, visit http://www.asialink.unimelb.edu.au/video
Blip | March 29, 2011
